The Buffalo Chronicle
Economy
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Bob Rich urged to launch a new Buffalo-based ‘brand-building unit’
Billionaire Bob Rich, the owner of the privately held Rich Products Corporation is being urged to launch a new Buffalo-based marketing unit focused on ‘brand-building’ across the multi-national firm’s product channels. Many…
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Cuomo tasks Hochul to ‘think big’ in Niagara’s economic recovery — but will she deliver?
In recent weeks Governor Andrew Cuomo has repeatedly said that the economy is unlikely to “just bounce back” from the COVID-19 pandemic shut down. He has been arguing that the government will…
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Bipartisan Rx for America’s health care: a practical path to reform
BY JAMES C. CAPRETTA The Bipartisan Policy Center launched the Future of Health Care initiative in 2017 with a bipartisan group of leading national policy experts to create a consensus approach to…
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How America gave up on free markets: Q&A with Thomas Philippon
BY JAMES PETHOKOUKIS How concentrated is corporate power in America today? How big of a problem is this? According to Thomas Philippon, the answers are “more concentrated than in Europe, and more…
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Let’s help Americans move to where the jobs are
BY MATT WEIDINGER The list of supposed inequalities among Americans is long, and getting longer: income inequality, food inequality, housing inequality, education inequality, and even death inequality. Many see unequal outcomes in every facet of American…
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Survey reflects positive outlook for middle-market firms raising new capital in 2020
ACG New York, the largest association of middle-market, deal-making professionals in New York, today shared the outcomes of its annual End-of-Year Middle-Market Survey. When considering the key factors behind increased valuations over…
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Global City Lab releases ‘2019 Global Top 500 Cities’
New York, London and Tokyo are the top three. The United States and China have 66 and 37 cities on the list, respectively Can a city be branded? Can the value of…
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December jobs reports keeps unemployment flat at 3.5%
BY BETH AKERS According to this morning’s report from the Bureau of Labor Statistics, the economy added just 145,000 jobs in December. Surveys indicated that economists were anticipating closer to 160,000 jobs. This left…
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Would the new administration food stamps rule make it harder to combat future recessions?
BY MATT WEIDINGER A recent administration rule spotlights an important question: Should able-bodied, working-age, childless adults remain consistently idle while collecting food stamps? The rule says the answer should be no, especially when jobs…
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$272m for Rome Lab in bipartisan spending package for quantum computing and artificial intelligence research
The Air Force Research Laboratory in Rome will receive over $272m in funding for fiscal year 2020 – more than $34m above the President’s budget request and $27m more than fiscal year…
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$80 million in funding for Rochester laser lab in a just-passed bi-partisan appropriations bill
Funding Will Help Support Over 350 Jobs In The Rochester-Finger Lakes Region And Keep The United States At The Cutting Edge Of Nuclear Fusion Research WASHINGTON, DC – U.S. Senate Minority Leader Charles…
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Billions could be gained from a more physically active population
A new study by the RAND Corporation argues that billions in GDP can be gained if Americans were more physically active. It is estimated that about 30 per cent of the global…
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With Tax Cuts and Jobs Act, it’s progress rather than perfection
BY R. GLENN HUBBARD To frame any discussion of the effects of the Tax Cuts and Jobs Act of 2017 (TCJA) and next steps for tax reform, it is important to remember…
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Trump’s ‘infrastructure finance’ plan would reform the Federal Reserve
President Donald J. Trump wants Senate Majority Leader Mitch McConnell to bring a landmark infrastructure bill to the floor in November that would transform the way that public and private infrastructure projects…
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Report claims Downstate declined twice as fast as Upstate last year
BY EJ McMahon In a turnabout from recent trends, downstate New York’s population decreased twice as fast as upstate’s last year, according to the latest Census Bureau annual estimates. To see where…
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Kennedy’s new chairmanship called ‘an economic gift for WNY’
The Democratic Party has taken control of the State Senate — a chamber that has been controlled by the Republicans for decades, excepting a brief period in 2008, before a leadership coup…
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Tea Party sees a “Rust Belt Recovery Act” as next step in China trade war
Matthew Ricchiazzi, New York State’s leading Tea Party activist, is calling on President Donald Trump to propose a “Rust Belt Recovery Act” just ahead of midterm elections this November. “We need to…
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43 North contracts with at least three recruitment firms to identify Director
The publicly funded business plan competition known as 43 North, has contracted with no fewer than three separate recruitment firms to identify its next Executive Director, raising serious questions about how ‘economic development’ funds…
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M&T Bank should appoint Betty Jean Grant to its Board of Directors
Betty Jean Grant may be retiring from the County Legislature (a body that she once chaired), but her supporters know she isn’t going anywhere. With the sheer force of her honest, humble,…
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Poloncarz should back film festival
THE EDITORIAL BOARD Director Bill Cowell’s network of relationships in the Los Angeles film industry spans the upper echelon of American media. That he maintains roots in Western New York is an…
