Commerce

Surgical robot market projects growth at 24.4% through 2025

Global Market Insights, Inc. has recently added a new report on the surgical robots market which estimates the global market valuation for surgical robots will cross US$ 24 billion by 2025. Rising patient preference towards minimally invasive surgeries in developed as well

Commerce

Asia’s first compliant crypto fund: Circle Fund

As the digital currency market matures from wild speculation to trust and integrity, a new crypto hedge fund has emerged — the first to be compliant in Asia. Circle Fund is working to grow the crypto-asset ecosystem by supporting innovative

Commerce

Don’t expect anti-tech antitrust to boost innovation

BY JAMES PETHOKOUKIS It’s easy to sound like a knee-jerk, anti-business agitator when calling for the breakup of Big Tech. These are America’s biggest and most innovative companies. China is trying to build many, Europe any. Consumers love them. What’s

Commerce

Higgins may retire to take a position at Delaware North

Rumor has it that Rep. Brian Higgins, the six-term Democrat of South Buffalo, is “inclined to prefer” taking a position as Delaware North‘s top federal lobbyist, rather than to run for a seventh term in the House of Representatives, a

Commerce

Avoid another Amazon by learning from Essex Crossing

BY FELIX CIAMPA Amazon’s decision to withdraw its plans to build a second headquarters in Long Island City sparked dire predictions from many observers. Some argued it would now be impossible to attract significant commercial development in Western Queens, or

Commerce

Why was Seneca Holdings without a CEO for a year and a half?

Seneca Holdings, the private equity arm of the Seneca Nation of Indians, has been without a formal Chief Executive Officer since June of 2017, when Dave Kimelberg changed his title to Strategic Advisor and, according to his LinkedIn profile, returned

Commerce

Larry Quinn should broker a Bass Pro deal with Seneca Gaming

Buffalo developer Larry Quinn has, at times, been a catalytic force for change in Western New York — whether in real estate, major league sports, or education policy.  He is universally respected across the political spectrum, perhaps aside from small

Commerce

Will Amazon HQ2 become another magnet for corruption?

BY MICAH MORRISON The Amazon HQ2 sweepstakes is over and the winner is Queens, New York. And some place in Virginia called National Landing. And Nashville, Tennessee. New York and Virginia will split Amazon’s second headquarters, while Nashville gets a consolation

Commerce

Would the Pegulas be willing to manage UB teams in stadium deal?

It looks increasingly likely that Governor Andrew Cuomo‘s administration is preparing to back a $1 billion investment in a new NFL stadium in downtown Buffalo.  Just last month, Terry Pegula hired Chris Schoepflin, the former Empire State Development official, to

Commerce

Local Tea Party wants Mexico to make reforms before any new trade deal

President Donald J. Trump’s administration has announced its intention to separate the ongoing multilateral North American Free Trade Agreement negotiations with Canada and Mexico. The President intends to conduct bilateral talks with Canada and Mexico on independent negotiating tracts. Local

Commerce

All eyes are on M&T Bank’s new CEO Rene Jones

The late M&T Bank CEO Robert Wilmers was as close as one could come to reigning over Western New York as its titular monarch.  The installation of Rene Jones as Wilmers’ successor at the Bank is of no small consequence

Commerce

Golisano is ‘open’ to M&T Bank merger with Paychex

Billionaire B. Thomas Golisano, the founder and chairman of Paychex, the Rochester area firm valued at more than $25 billion, is open to merger talks with Buffalo based M&T Bank, whose market capitalization stands around $28 billion, a source familiar