The Buffalo Chronicle
Commerce
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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…
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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…
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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…
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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…
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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…
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In Spectrum feud with NYS, Rutledge may agree to Niagara Falls studio
Sources say that Charter Communications CEO Tom Rutledge would be “inclined to agree” with Cuomo administration recommendations that it would be wise for the firm to open a content production studio at…
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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…
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Tea Party wants Trump to demand NAFTA access to Canadian banking markets
One of New York State’s most aggressive Tea Party organizers is calling on President Donald J. Trump to end the North American Free Trade Agreement ahead of midterm elections later this year. Matthew…
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Rene Jones ridiculed by local activists for skipping NAFTA negotiations in Montreal
M&T Bank’s new CEO Rene Jones has just recently taken the helm — a top 20 American bank by market capitalization and Western New York’s largest employer — but local activists are…
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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…
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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…
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Hertel Avenue business owners are still sour over Mayor Brown’s parking policies
In recent years Mayor Byron Brown‘s administration, under the direction of Parking Commissioner Kevin Helfer, has seen parking fines as a source of revenue growth. The administration has increased parking fines and expanded parking…
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Delaware North western meltdown makes for shocking comparisons with Niagara Falls State Park
BY JAMES HUGNAGEL As part of an ongoing effort to acquaint our readers with some of the more unsavory aspects of the business and personal dealings of Buffalo billionaire Jeremy Jacobs and…
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National Fuel to reduce rates in PA, increase rates in NY
BY JAMES HUFNAGEL National Fuel supplies natural gas to over 730,000 residential and corporate customers throughout Western New York and northwestern Pennsylvania. The Williamsville, NY-based oil and gas concern is vertically integrated…
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Obama and Trudeau should open the Canadian border
It would require the elimination of customs tariffs, border crossing fees, and travel restrictions between the federal governments of the United States and Canada — but the concept of an open northern…
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International patent laws are unnecessarily stifling commerce
By Rich Purtell “Free Trade” agreements are loaded with language to protect intellectual property (IP). These protective efforts do very much have potential to turn into protectionism, which is the opposite of…
