Buffalo Business News

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Randy Bushover
March 07, 2019 - 5:03 am
Woz U Education, a personalized approach to instilling a tech-based mindset in schoolchildren that is the brainchild of Apple co-founder Steve Wozniak, will open its first Pathway School District in the U-S in the Salamanca City Central School District. The Woz U Education commitment is for the...
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Randy Bushover
March 06, 2019 - 4:08 am
BAV Services has joined forces with Dallas-based J&S Audio Visual Communications, LLC. J&S acquiring the assets of BAV on March 1st. Buffalo-based since 1988, BAV will maintain its headquarters here under the direction of President Jim Suminski and his dedicated team of associates. In...
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Randy Bushover
March 05, 2019 - 4:19 am
Univera Healthcare’s parent company Excellus Health Plan Inc. reported net income of $150 million for 2018 on revenue of $5.75 billion. Business First also noting that HealthNow New York Inc. - the parent company of BlueCross BlueShield of Western New York - finished 2018 with revenue of $2.6...
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Randy Bushover
March 04, 2019 - 4:08 am
According to the AAA, the current average cost for a gallon of unleaded gas in the region remains $2.50. However, the statewide average has climbed one penny from last week to $2.53. Nearly seven years after pulling out of the regional market, HSBC Bank USA N.A. reportedly wants back into the area...
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Randy Bushover
March 01, 2019 - 3:57 am
Evans Bancorp has entered into an agreement in principle with the NFTA to purchase the naming rights for the Lafayette Square above-ground Metro Rail station. It will be re-named the “Evans Bank @ Lafayette Square Station.” The deal is for five years with an option to renew for an additional five-...
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Randy Bushover
February 28, 2019 - 4:02 am
The owners of Excuria Salon & Spa in Williamsville are buying Milo’s restaurant and will relocate their business to that property. Business First reports terms of the deal were not made public, but it is expected to close this summer. Milos will remain open until then. That opens up an...
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Randy Bushover
February 27, 2019 - 4:09 am
A joint venture led by Sinatra & Company Real Estate has acquired a 740-unit apartment community in South Bend, IN for $56 million. The property comprises 32 two-story apartment buildings, a 25,000-square-foot freestanding amenity center/clubhouse and an 11,000-square-foot freestanding...
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Randy Bushover
February 26, 2019 - 4:26 am
The owners of Chef’s Restaurant confirm that there will be a second location opening in the Williamsville Place Plaza near International Drive sometime in 2019. There will be a drive-thru for the new location. The current restaurant will remain at 291 Seneca St., in downtown Buffalo. A ribbon-...
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Randy Bushover
February 25, 2019 - 4:27 am
The AAA reports the current average for a gallon of unleaded gas in the WNY region has remained unchanged from last week at $2.50. However, the statewide average has gone up five cents to $2.52. The AAA citing a moderate increase in demand for gasoline and reduced total domestic gasoline stocks as...
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Randy Bushover
February 22, 2019 - 3:56 am
According to a regulatory filing, M&T Bank has agreed to pay $146 million for the right to service a residential mortgage loan portfolio with an outstanding balance of $13.3 billion. Business First notes that deal closed January 31st. The loans to be serviced are expected to transfer to M&T...
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