Investigative Post

Investigative Post filed a lawsuit in state Supreme Court today seeking the release of two studies that are central to negotiations involving a proposed new stadium for the Buffalo Bills. Both studies were commissioned by Pegula Sports and Entertainment, which is affiliated with the Bills, and shared with Empire State Development, the state’s primary economic […]

Nearly 19,000 businesses in Western New York received a federal loan to help them through the pandemic. Laythanette Shine’s firm wasn’t one of them. Shine’s business, USA Occupational Services on Jefferson Avenue, provides drug and DNA testing services and background checks for employers. There’s a memorial in the front window to the man who helped […]

Some 1,100 local nonprofits received federal aid to soften the pandemic’s economic blow, and the list of recipients reads like a who’s who of prominent cultural, medical, religious and educational institutions.  The Chautauqua Institution and Buffalo Philharmonic Orchestra. Mercy Flight and the Erie County Medical Center. The Diocese of Buffalo and The Chapel at Crosspoint. […]

A lot of businesses received forgivable loans from the federal government to help them through the pandemic. To be exact, 18,768 in the eight counties of Western New York. The loans were worth $2.2 billion, altogether. But a fraction of the companies — some 5 percent — received about half that sum.  Two businesses got […]

The final numbers are in: the federal government poured more than $2 billion into the local economy this spring and summer in an effort to blunt the economic impact of the coronavirus pandemic. About 19,850 for-profit companies and nonprofit organizations in the region’s eight counties received $2.4 billion in loans under the Paycheck Protection Program. […]

The audit released Friday by state Comptroller Thomas DiNapoli told us a lot of things we already knew or strongly suspected: the Cuomo administration failed to assess the value of high-tech projects like the Tesla plant in South Buffalo both before and after the investment of tax dollars, and largely kept the public and press […]

Tesla reported first quarter losses Wednesday of $702 million. What’s worse, Tesla reported a big drop in its solar business. Solar panel installations dropped by more than one third during the first quarter. Installations are down five-fold since peaking in 2015. Its market share has tumbled in recent years from 33 to 9 percent. All this […]