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Evans Bank's profits drop 60% in first quarter

The higher cost of competing for deposits hit Evans Bank's first quarter earnings. The bank's profits in the first quarter fell 60% from a year ago.

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Defi Solutions to lay off 21% of workforce

Defi Solutions is laying off 21% of its work force at its Amherst location, due to the loss of a contract, according to filing with the state Department of Labor.

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Steve Hyde to retire as GCEDC leader

Steve Hyde will retire as president and CEO of the Genesee County Economic Development Center in July, after leading the economic development organization for 21 years.

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Buffalo Niagara Partnership offering free membership to some

The Buffalo Niagara Partnership wants to bring the smallest of small businesses into the fold. The region's largest business group is offering free membership to local businesses with five employees

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Moog Inc. continues robust growth

The Elma-based motion control equipment maker reported profits of $60 million in its fiscal second quarter, up 39.5% from a year ago. The company also reported record sales of $930

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WNY CEOs have downbeat view of state's economy

Sixty-three percent of the local respondents in a Siena College Research Institute poll said business and economic conditions in the state were worse than a year ago, while only 16%

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EEOC sues New York Beer Project

The EEOC alleges New York Beer Project illegally fired one bartender at its Victor location who was diagnosed with cancer and another who had a nocturnal seizure, even though both

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State budget funding for Empire AI provides boost to UB

Funding plans for Empire AI, a consortium that will create an artificial intelligence computing center at the University at Buffalo, were confirmed in the newly approved state budget. Empire AI

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