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124-402: Initially published in 1937 as U.S. Camera and Travel, the magazine later assumed the name Travel + Leisure in 1971. The predecessor titles focused on travel photography. Still, the name change signaled a shift toward travel coverage in general. The magazine specializes in leisure travel and often features articles written by novelists, poets, artists, designers, and non-travel journalists. It

248-509: A humid continental climate ( Köppen : Dfa ), and temperatures have been warming with the rest of the US. Lake-effect snow is characteristic of Buffalo winters, with snow bands (producing intense snowfall in the city and surrounding area) depending on wind direction off Lake Erie. However, Buffalo is rarely the snowiest city in the state . The Blizzard of 1977 resulted from a combination of high winds and snow which accumulated on land and on

372-597: A terracotta seal with the American Express Eagle. In 1890–91 the company constructed a new ten-story building by Edward H. Kendall on the site of its former headquarters on Hudson Street . By 1903, the company had assets of some $ 28 million, second only to the National City Bank of New York among financial institutions in the city. To reflect this, the company purchased the Broadway buildings and site. At

496-588: A 4.61% worldwide market share by payment volume in 2022, compared to 38.73% for Visa and 24% for Mastercard. While American Express credit cards are accepted at 99% of US merchants that accept credit cards ( Costco being a notable exception), they are much less accepted in Europe and Asia. American Express offers various types of cards including travel and dining cards, everyday spending points cards, and cash back cards. Each category has several card options with different benefits and reward structures. High-profile cards like

620-612: A Dutch trader who arrived in 1789. As a result of the war, in which the Iroquois sided with the British Army , Iroquois territory was gradually reduced in the late 1700s by European settlers through successive statewide treaties which included the Treaty of Fort Stanwix (1784) and the First Treaty of Buffalo Creek (1788). The Iroquois were moved onto reservations, including Buffalo Creek . By

744-661: A better solution than the letter of credit. Berry introduced the American Express Traveler's Cheque which was launched in 1891 in denominations of $ 10, $ 20, $ 50, and $ 100. Traveler's cheques established American Express as a truly international company. In 1914, at the onset of World War I , American Express in Europe was among the few companies to honor the letters of credit (issued by various banks) held by Americans in Europe, because other financial institutions refused to assist these stranded travelers. The British government appointed American Express its official agent at

868-494: A day (equivalent to $ 49 in 2023 ) in a six-day work week. Local inventor Joseph Dart and engineer Robert Dunbar created the grain elevator in 1843, adapting the steam-powered elevator. Dart's Elevator initially processed one thousand bushels per hour, speeding global distribution to consumers. Buffalo was the transshipment hub of the Great Lakes, and weather, maritime and political events in other Great Lakes cities had

992-796: A deal between fellow chief Cornplanter and the Dutch dummy corporation Holland Land Company . The Holland Land Purchase gave the Senecas three reservations, and the Holland Land Company received 4,000,000 acres (16,000 km ) for about thirty-three cents per acre. Permanent white settlers along the creek were prisoners captured during the Revolutionary War . Early landowners were Iroquois interpreter Captain William Johnston, former enslaved man Joseph "Black Joe" Hodges and Cornelius Winney,

1116-620: A direct impact on the city's economy. In addition to grain, Buffalo's primary imports included agricultural products from the Midwest (meat, whiskey, lumber and tobacco), and its exports included leather, ships and iron products. The mid-19th century saw the rise of new manufacturing capabilities, particularly with iron. By the 1860s, many railroads terminated in Buffalo; they included the Buffalo, Bradford and Pittsburgh Railroad , Buffalo and Erie Railroad ,

1240-458: A dozen railway terminals, as railroads remained a significant industry. The St. Lawrence Seaway was proposed in the 19th century as a faster shipping route to Europe, and later as part of a bi-national hydroelectric project with Canada. Its combination with an expanded Welland Canal led to a grim outlook for Buffalo's economy. After its 1959 opening, the city's port and barge canal became largely irrelevant. Shipbuilding in Buffalo wound down in

1364-717: A financial services holding company and made several acquisitions, creating an investment banking arm. In mid-1981 it purchased Sanford I. Weill 's Shearson Loeb Rhoades , the second-largest securities firm in the United States to form Shearson/American Express . Shearson Loeb Rhoades itself was the culmination of several mergers in the 1970s as Weill's Hayden, Stone & Co. merged with Shearson, Hammill & Co. in 1974, to form Shearson Hayden Stone . Shearson Hayden Stone then merged with Loeb, Rhoades, Hornblower & Co. (formerly Loeb, Rhoades & Co. ) to form Shearson Loeb Rhoades in 1979. With capital totaling $ 250 million at

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1488-413: A list of the world's top 500 hotels, and America's Favorite Cities, where readers rank U.S. cities in different categories. Travel + Leisure magazine was purchased from American Express Publishing by Time Inc. (which would later be acquired by Meredith Corporation ) on October 1, 2013. In 2021, Wyndham Destinations acquired Travel + Leisure from Meredith Corporation. The Travel + Leisure magazine

1612-521: A local bank card clearing business license in China. In a court case Ohio v. American Express Co. (2018), merchants filed a class action lawsuit against American Express and claimed that charging high fees to merchants is a violation of the Sherman Antitrust Act . According to the lawsuit, American Express charges significantly higher fees than other credit card providers. In January 2017,

1736-525: A result of antitrust litigation brought by the United States Department of Justice . In January 2004, American Express reached a deal to have its cards issued by MBNA . Initially decried by Mastercard executives as nothing but an "experiment", the cards were issued beginning in October 2004. An agreement was reached regarding the acquisition of MBNA by Bank of America whereby Bank of America owned

1860-524: A small, active presence in the area, including the town of Amherst. A 2016 American Bible Society survey reported that Buffalo is the fifth-least "Bible-minded" city in the United States; 13 percent of its residents associate with the Bible . The Erie Canal was the impetus for Buffalo's economic growth as a transshipment hub for grain and other agricultural products headed east from the Midwest. Later, manufacturing of steel and automotive parts became central to

1984-541: A supermarket. Health disparities exist compared to the rest of the state : Erie County's average 2019 lifespan was three years lower (78.4 years); its 17-percent smoking and 30-percent obesity rates were slightly higher than the state average. According to the Partnership for the Public Good, educational achievement in the city is lower than in the surrounding area; city residents are almost twice as likely as adults in

2108-414: A tightly controlled, single-use card number. In March 2008, Standard Chartered Bank acquired American Express Bank Ltd, the international banking subsidiary of American Express for $ 823 million. On November 10, 2008, during the 2007–2008 financial crisis , the company received Federal Reserve System approval to convert to a bank holding company , making it eligible for government assistance under

2232-471: A total of thirty-five neighborhoods. Main Street divides Buffalo's east and west sides, and the west side was fully developed earlier. This division is seen in architectural styles, street names, neighborhood and district boundaries, demographics, and socioeconomic conditions; Buffalo's West Side is generally more affluent than its East Side. Several neighborhoods in Buffalo have had increased investment since

2356-471: A week; a trip from nearby Williamsville to Batavia could take over three days. British forces burned Buffalo and the northwestern village of Black Rock in 1813. The battle and subsequent fire was in response to the destruction of Niagara-on-the-Lake by American forces and other skirmishes during the War of 1812 . Rebuilding was swift, completed in 1815. As a remote outpost, village residents hoped that

2480-514: A year. No official recording of 100 °F (37.8 °C) or more has occurred to date, with a maximum temperature of 99 °F (37 °C) reached on August 27, 1948. Rainfall is moderate, typically falling at night, and cooler lake temperatures hinder storm development in July. August is usually rainier and muggier , as the warmer lake loses its temperature-controlling ability. Several hundred Seneca, Tuscarora and other Iroquois tribal peoples were

2604-656: Is one of the largest US banks , and is ranked 77th on the Fortune 500 and 28th on the list of the most valuable brands by Forbes . In 2023, it was ranked 63rd in the Forbes Global 2000 . Amex also owns a direct bank . Founded in 1850 as a freight forwarding company, Amex introduced financial and travel services during the early 1900s. It developed its first paper charge card in 1958, gold card in 1966, green card in 1969, platinum card in 1984, and Centurion Card in 1999. The "Don't Leave Home Without It" advertising campaign

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2728-630: Is based at the 3,019-seat Shea's Performing Arts Center in the Buffalo Theatre District of downtown Buffalo. Shea's Performing Arts Center was designed by the well-known Chicago firm Rapp and Rapp . The opera house was modeled in the style of European operahouses and decorated in a combination of French and Spanish Baroque and Rococo styles. The interior design was designed by the world-renowned designer and artist Louis Comfort Tiffany , and many of its elements are still there today. Originally there were nearly 4,000 seats, but in

2852-541: Is headquartered at 200 Vesey Street , also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan . Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay , Visa , and Mastercard . 141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$ 24,059. That year, Amex handled over $ 1.7 trillion in purchase volume on its network. Amex

2976-447: Is known for its travel photography and covers featuring models lounging in upscale environments. Its World's Best Awards, an annual reader survey rating airports, cities, cruise ships, hotels, and islands, have been announced every August since 1995. Votes added by the magazine's readers are taken into consideration to recognize and give out the awards. Other annual features include the T+L 500,

3100-824: Is on the Erie/Ontario Lake Plain of the Eastern Great Lakes Lowlands , a narrow plain extending east to Utica, New York . The city is generally flat, except for elevation changes in the University Heights and Fruit Belt neighborhoods. The Southtowns are hillier, leading to the Cattaraugus Hills in the Appalachian Upland . Several types of shale, limestone and lagerstätten are prevalent in Buffalo and its surrounding area, lining their stream beds . According to Fox Weather , Buffalo

3224-596: Is one of the top five snowiest large cities in the country, receiving, on average, 95 inches of snow annually. Although the city has not experienced any recent or significant earthquakes , Buffalo is in the Southern Great Lakes Seismic Zone (part of the Great Lakes tectonic zone ). Buffalo has four channels within its boundaries: the Niagara River, Buffalo River (and Creek), Scajaquada Creek , and

3348-519: Is published independently by Dotdash Meredith under a long-term license agreement. Travel + Leisure Co. sells rights to manufacture, market, and sell products bearing the Travel + Leisure trademark to licensees. Current and defunct international editions: American Express Publishing The American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards . It

3472-713: Is the region's largest employer. In the private sector, top employers include the Kaleida Health and Catholic Health hospital networks and M&T Bank , the sole Fortune 500 company headquartered in the city. Most have been the top employers in the region for several decades. Buffalo is home to the headquarters of Rich Products , Delaware North and New Era Cap Company ; the aerospace manufacturer Moog Inc. and toy maker Fisher-Price are based in nearby East Aurora . National Fuel Gas and Life Storage are headquartered in Williamsville, New York . Buffalo weathered

3596-556: Is today one of the leading operas in the United States and, with more than 3,000 seats, one of the largest opera houses in the world. Founded in 2004 by Valerian Ruminski , the Nickel City Opera has commissioned operas, and has staged world premieres of notable works. Matthias Manasi was music director and chief conductor of NCO from 2017 to 2021, his predecessor Michael Ching was music director and chief conductor of NCO from 2012 to 2017. The NCO collaborates with

3720-811: The 1930s the number of seats was reduced to the current number of 3,019 seats last but not least to increase the place for the orchestra by increasing the size of the orchestra pit . The NCO also performs at the Riviera Theatre in North Tonawanda , at the Nichols Flickinger Performing Arts Center in Buffalo, at the Artpark Mainstage Theatre and the Artpark Amphitheatre at the Earl W. Brydges Artpark State Park located on

3844-517: The 81st-most populous city in the U.S. Buffalo is the primary city of the Buffalo–Niagara Falls metropolitan area , which had an estimated population of 1.2 million in 2020, making it the 49th-largest metro area in the U.S. Before the 17th century, the region was inhabited by nomadic Paleo-Indians who were succeeded by the Neutral , Erie , and Iroquois nations. In the early 17th century,

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3968-531: The American Bureau of Shipping , a maritime concern (1977–86), and later J.J. Kenny, and Standard & Poor's , the latter of which renamed the building for itself. American Express extended its reach nationwide by arranging affiliations with other express companies (including Wells Fargo – the replacement for the two former companies that merged to form American Express), railroads, and steamship companies. In 1857, American Express started its expansion in

4092-489: The American Railway Express Agency formed in July 1918. The new entity took custody of all the pooled equipment and property of existing express companies (the largest share of which, 40%, came from American Express, who had owned the rights to the express business over 71,280 miles (114,710 km) of railroad lines, and had 10,000 offices, with over 30,000 employees). American Express executives discussed

4216-526: The Black Rock Canal , adjacent to the Niagara River. The city's Bureau of Forestry maintains a database of over seventy thousand trees. According to the United States Census Bureau , Buffalo has an area of 52.5 sq mi (136 km ); 40.38 sq mi (104.6 km ) is land, and the rest is water. The city's total area is 22.66 percent water. In 2010, its population density

4340-760: The Buffalo Central Terminal was built in the Broadway-Fillmore neighborhood in 1929; the Richardson Olmsted Complex , built in 1881, was an insane asylum until its closure in the 1970s. Urban renewal from the 1950s to the 1970s spawned the Brutalist -style Buffalo City Court Building and Seneca One Tower , the city's tallest building. In the city's Parkside neighborhood, the Darwin D. Martin House

4464-530: The Buffalo Philharmonic Orchestra , producing a wide range of operas , from 18th-century Baroque and 19th-century Bel canto to the Minimalism of the 20th century and to contemporary operas of the 20th and 21st centuries. These operas are presented in staged productions that range in style from those with elaborate traditional decors to others that feature modern conceptual designs. The NCO

4588-567: The Great Recession of 2006–09 well in comparison with other U.S. cities, exemplified by increased home prices during this time. The region's economy began to improve in the early 2010s, adding over 25,000 jobs from 2009 to 2017. With state aid , Tesla, Inc.'s Giga New York plant opened in South Buffalo in 2017. The effects of the COVID-19 pandemic in the United States , however, increased

4712-517: The Latin Church ) has a significant presence in the region, with 161 parishes and over 570,000 adherents in the Diocese of Buffalo . Major Protestant denominations in the area include Lutheran , Baptist , and Methodist . Pentecostals are also significant, and approximately 20,000 persons are non-denominational adherents. A Jewish community began developing in the city with immigrants from

4836-656: The New York Central Railroad , and the Lehigh Valley Railroad . During this time, Buffalo controlled one-quarter of all shipping traffic on Lake Erie. After the Civil War , canal traffic began to drop as railroads expanded into Buffalo. Unionization began to take hold in the late 19th century, highlighted by the Great Railroad Strike of 1877 and 1892 Buffalo switchmen's strike . At the start of

4960-534: The Niagara Gorge in Lewiston . The Buffalo Philharmonic Orchestra was formed in 1935 and performs at Kleinhans Music Hall , whose acoustics have been praised. Although the orchestra nearly disbanded during the late 1990s due to a lack of funding, philanthropic contributions and state aid stabilized it. Under the direction of JoAnn Falletta , the orchestra has received a number of Grammy Award nominations and won

5084-559: The Province of New York —now a U.S. state—began westward expansion, looking for arable land by following the Iroquois. New York and Massachusetts were vying for the territory which included Buffalo, and Massachusetts had the right to purchase all but a one-mile-(1600-meter)-wide portion of land. The rights to the Massachusetts territories were sold to Robert Morris in 1791. Despite objections from Seneca chief Red Jacket , Morris brokered

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5208-665: The Tribeca section of Manhattan. For years it enjoyed a virtual monopoly on the movement of express shipments (goods, securities, currency, etc.) throughout New York State. In 1874, American Express moved its headquarters to 65 Broadway in what was becoming the Financial District of Manhattan, a location it was to retain through two buildings. In 1854, the American Express Co. purchased a lot on Vesey Street in New York City as

5332-627: The Troubled Asset Relief Program . At that time, American Express had total consolidated assets of about $ 127 billion. In June 2009, $ 3.39 billion in TARP funds were repaid plus $ 74.4 million in dividend payments. In July 2009, the company ended its obligations under TARP by buying back $ 340 million in Treasury warrants. As part of the conversion, the company reduced or closed many business lines of credit. In 2009, American Express introduced

5456-478: The $ 226 million credit card portfolio of Bank of Hawaii , then a division of Pacific Century Financial Corporation In January 2006, American Express sold its Bank of Hawaii card portfolio to Bank of America ( MBNA ). Until 2004, Visa and Mastercard rules prohibited issuers of their cards from issuing American Express cards in the United States. This meant, as a practical matter, that U.S. banks could not issue American Express cards. These rules were struck down as

5580-587: The 1840s. Buffalo was a terminus of the Underground Railroad , with many free Black people crossing the Niagara River to Fort Erie, Ontario ; others remained in Buffalo. During this time, Buffalo's port continued to develop. Passenger and commercial traffic expanded, leading to the creation of feeder canals and the expansion of the city's harbor. Unloading grain in Buffalo was a laborious job, and grain handlers working on lake freighters would make $ 1.50

5704-542: The 1960s due to reduced waterfront activity, ending an industry which had been part of the city's economy since 1812. Downsizing of the steel mills was attributed to the threat of higher wages and unionization efforts. Racial tensions culminated in riots in 1967 . Suburbanization led to the selection of the town of Amherst for the new University at Buffalo campus by 1970. Unwilling to modernize its plant, Bethlehem Steel began cutting thousands of jobs in Lackawanna during

5828-786: The 1980s, began accepting cards using the Visa and Mastercard payment networks. In 2011, Amex launched the Blue Cash Preferred Card credit card. In October 2012, The Consumer Financial Protection Bureau (CFPB) required three American Express subsidiaries to refund an estimated $ 85 million to approximately 250,000 customers for illegal card practices between 2003 and 2012. Allegations included that American Express made misleading statements regarding signup bonuses, charged unlawful late fees, discriminated against applicants due to age, and failed to report consumer complaints to regulators. Also in October 2012, American Express and Walmart announced

5952-588: The 1990s, beginning with the Elmwood Village . The 2002 redevelopment of the Larkin Terminal Warehouse led to the creation of Larkinville , home to several mixed-use projects and anchored by corporate offices. Downtown Buffalo and its central business district (CBD) had a 10.6-percent increase in residents from 2010 to 2017, as over 1,061 housing units became available; the Seneca One Tower

6076-609: The 20th century, Buffalo was the world's leading grain port and a national flour-milling hub. Local mills were among the first to benefit from hydroelectricity generated by the Niagara River. Buffalo hosted the 1901 Pan-American Exposition after the Spanish–American War , showcasing the nation's advances in art, architecture, and electricity. Its centerpiece was the Electric Tower, with over two million light bulbs, but some exhibits were jingoistic and racially charged. At

6200-520: The 2nd U.S. Circuit Court of Appeals affirmed a lower court ruling that American Express could block merchants that accept its cards from steering customers to other cards, like those offered by Visa and Mastercard. In June 2018, the Supreme Court of the United States affirmed the 2nd Circuit's ruling. In 2018, the Gold Card was converted to a credit card for UK residents, but remains a charge card in

6324-556: The American Express Travelers Cheque Card, a stored-value card that serves the same purposes as a traveler's cheque, but can be used in stores like a credit card. Amex discontinued the card in October 2007. On September 30, 2005, American Express completed the corporate spin-off of its American Express Financial Advisors unit, Ameriprise Financial , to its shareholders and RSM McGladrey acquired American Express Tax & Business Services (TBS). In 2006,

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6448-551: The American Express network. American Express was, at the time, known for cutting its interchange fee to merchants and restaurants if they accepted only American Express and no other credit or charge cards. This prompted competitors such as Visa and Mastercard to file complaints as the tactics gave Amex exclusivity at restaurants. Capitalizing on this elitist image, American Express frequently mentioned such exclusive partnerships in its advertising. Aside from some holdouts including Neiman Marcus , which continued exclusivity until 2011,

6572-473: The Costco card accounts was significant; in the first quarter without Costco cards, company profit dropped 10% and revenue dropped 5% compared to the previous year. On March 1, 2017, ANZ announced that it was no longer issuing American Express cards, with them phased out entirely by August 5, 2017. In October 2017, American Express established a joint venture company, LianTong ( 连通 ), in China to operate its payment card brand locally. In June 2020, it obtained

6696-432: The East Side, who moved to newer housing; Italian immigrant families settled throughout the city, primarily on the lower West Side. During the 1830s, Buffalo residents were generally intolerant of the small groups of Black Americans who began settling on the city's East Side. In the 20th century, wartime and manufacturing jobs attracted Black Americans from the South during the First and Second Great Migrations . In

6820-403: The Fee Party's legal bills, and Discover Card was able to increase their acceptance among Boston restaurants by 375%. Kenneth Chenault , then head of Travel Related Services prior to becoming American Express CEO, cut fees to bring these restaurants back into the fold. American Express then shifted its focus from exclusivity to broadening acceptance, adding mainstream merchants like Walmart to

6944-434: The First World War, the 21-story neo-classical American Express Co. Building was constructed in 1916–17 to the design of James L. Aspinwall, of the firm of Renwick, Aspinwall & Tucker, the successor to the architectural practice of James Renwick Jr. The building consolidated the two lots of the former buildings with a single address: 65 Broadway . This building was part of the "Express Row" section of lower Broadway at

7068-411: The French began to explore the region. In the 18th century, Iroquois land surrounding Buffalo Creek was ceded through the Holland Land Purchase , and a small village was established at its headwaters. In 1825, after its harbor was improved, Buffalo was selected as the terminus of the Erie Canal , which led to its incorporation in 1832. The canal stimulated its growth as the primary inland port between

7192-399: The Great Lakes and the Atlantic Ocean. Transshipment made Buffalo the world's largest grain port of that era. After the coming of railroads greatly reduced the canal's importance, the city became the second-largest railway hub (after Chicago ). During the mid-19th century, Buffalo transitioned to manufacturing, which came to be dominated by steel production. Later, deindustrialization and

7316-469: The Green, Gold, and Platinum cards cater to frequent travelers and diners with perks tailored to these activities. In 1850, American Express was started as a freight forwarding company in Buffalo, New York . It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company,

7440-502: The ICC was drawn to its strict control of the railroad express business. However, the solution did not come immediately to hand. The solution to this problem came as a coincidence to other problems during World War I. During the winter of 1917, the United States suffered a severe coal shortage and on December 26 President Woodrow Wilson commandeered the railroads on behalf of the United States government to move federal troops, their supplies, and coal. Treasury Secretary William Gibbs McAdoo

7564-412: The National Football League's Buffalo Bills , the National Hockey League's Buffalo Sabres and the National Lacrosse League's Buffalo Bandits . Before the arrival of Europeans , nomadic Paleo-Indians inhabited the western New York region from the 8th millennium BCE . The Woodland period began around 1000 BC, marked by the rise of the Iroquois Confederacy and the spread of its tribes throughout

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7688-402: The Shearson family, creating Shearson Lehman/American Express. Lehman CEO and former trader Lewis Glucksman became CEO of Shearson Lehman/American Express. In 1984, Shearson/American Express acquired Investors Diversified Services (IDS), bringing with it a fleet of financial advisors and investment products. In 1988, Shearson Lehman acquired the E.F. Hutton & Co. , a brokerage firm that

7812-542: The U.S. During the 1940s and 1950s, Puerto Rican migrants arrived en masse, also seeking industrial jobs, settling on the East Side and moving westward. In the 21st century, Buffalo is classified as a majority minority city , with a plurality of residents who are Black and Latino. Buffalo has experienced effects of urban decay since the 1970s, and also saw population loss to the suburbs and Sun Belt states, and experienced job losses from deindustrialization. The city's population peaked at 580,132 in 1950, when Buffalo

7936-645: The UK division of American Express joined the Product Red coalition and issued a Red Card, donating with each purchase through The Global Fund to Fight AIDS, Tuberculosis and Malaria to help African women and children with HIV/AIDS, malaria, and other diseases. In late 2007, the company announced the Plum Card for small business owners. In March 2008, American Express acquired the Corporate Payment Services business of General Electric , which primarily focused on providing purchasing card solutions for large global clients, for $ 1.1 billion in cash. The transaction added V-Payment to its product portfolio. V-Payment enables

8060-410: The US. Buffalo, New York Buffalo is a city in the U.S. state of New York and the county seat of Erie County . It lies in Western New York at the eastern end of Lake Erie , at the head of the Niagara River on the Canadian border . With a population of 278,349 according to the 2020 census, Buffalo is the second-most populous city in New York state after New York City , and

8184-536: The United States, and in 2015 in Canada, Costco ended its relationship with Amex that had provided co-branded Costco membership cards since 2004. The cards issued by Costco in the United States were an extension of an exclusive deal between Costco and American Express dating from 1999. Costco was the last major US merchant that accepted American Express cards exclusively. Costco's Canadian stores ended its exclusive deal with American Express in January 2015, in favor of one with Capital One and Mastercard. Citigroup became

8308-464: The United States, the Buffalo AKG Art Museum , the Buffalo History Museum , the Buffalo Philharmonic Orchestra , Shea's Performing Arts Center , the Buffalo Museum of Science , and several annual festivals . Its educational institutions include the University at Buffalo , Buffalo State University , Canisius University , and D'Youville University . Buffalo is also known for its winter weather , Buffalo wings , and three major-league sports teams :

8432-399: The World War II and postwar years from 1940 to 1970, the city's Black population rose by 433 percent. They replaced most of the Polish community on the East Side, who were moving out to suburbs. However, the effects of redlining , steering, social inequality , blockbusting , white flight and other racial policies resulted in the city (and region) becoming one of the most segregated in

8556-522: The ZYNC charge card, a white card targeting young adults. The card was later discontinued. In November 2010, the UK division of American Express was cautioned by the Office of Fair Trading for the use of controversial charging orders against those in debt. The company was one of four companies who were allegedly encouraging customers to turn their unsecured credit card debts into a form of secured debt. In November 2011, Neiman Marcus , which gave general-purpose card exclusivity to American Express since

8680-497: The area of financial services by launching a money order business to compete with the United States Post Office 's money orders. Sometime between 1888 and 1890, J. C. Fargo took a trip to Europe and returned frustrated and infuriated. Despite the fact that he was president of American Express and that he carried with him traditional letters of credit , he found it difficult to obtain cash anywhere except in major cities. Fargo went to Marcellus Flemming Berry and asked him to create

8804-485: The bank. Safra then opened a competing bank. In response, American Express launched an international smear campaign against Safra by inaccurately reporting to news and media outlets in that Safra was being investigated by the FBI for being involved in the Iran–Contra affair , along with drug trafficking and the mafia. All of the accusations were confirmed to be false and led to the resignation of Harry L. Freeman, public relations chief of American Express, after admitting to

8928-479: The beginning of World War I. They were to deliver letters, money, and relief parcels to British prisoners of war. Their employees went into camps to cash drafts for both British and French prisoners and arranged for them to receive money from home. By the end of the war they were delivering 150 tonnes of parcels per day to prisoners in six countries. In 1915, American Express established a travel division and soon established its first travel agency . Albert K. Dawson

9052-558: The budding Financial District and into rented offices in two five-story brownstone commercial buildings at 63 and 65 Broadway that were owned by the Harmony family. In 1880, American Express built a new warehouse behind the Broadway Building at 46 Trinity Place. The designer is unknown, but it has a façade of brick arches that are reminiscent of pre-skyscraper New York. American Express has long been out of this building, but it still bears

9176-479: The city became a stronghold of labor unions and the Democratic Party . During World War II , Buffalo regained its manufacturing strength as military contracts enabled the city to manufacture steel, chemicals, aircraft, trucks and ammunition. The 15th-most-populous US city in 1950 , Buffalo's economy relied almost entirely on manufacturing; eighty percent of area jobs were in the sector. The city also had over

9300-403: The city's economy. When these industries downsized in the region, Buffalo's economy became service-based. Its primary sectors include health care, business services (banking, accounting, and insurance), retail, tourism and logistics , especially with Canada. Despite the loss of large-scale manufacturing, some manufacturing of metals, chemicals, machinery, food products, and electronics remains in

9424-438: The city's summers are drier and sunnier than other cities in the northeastern United States, its vegetation receives enough precipitation to remain hydrated. Buffalo summers are characterized by abundant sunshine, with moderate humidity and temperatures; the city benefits from cool, southwestern Lake Erie summer breezes which temper warmer temperatures. Temperatures rise above 90 °F (32.2 °C) an average of three times

9548-439: The company. In 1979, American Express acquired 50% of the cable subsidiary of Warner Communications , forming Warner-Amex Satellite Entertainment , for $ 175 million in cash and short-term notes. It owned two-thirds of MTV , Nickelodeon , and The Movie Channel . The venture was unprofitable, and, in 1985, Amex sold its 50% interest to Viacom for $ 450 million. In the 1980s, American Express embarked on an effort to become

9672-540: The country's 49th-largest. Compared to other major US metropolitan areas, the number of foreign-born immigrants to Buffalo is low. New immigrants are primarily resettled refugees (especially from war- or disaster-affected nations) and refugees who had previously settled in other U.S. cities. During the early 2000s, most immigrants came from Canada and Yemen ; this shifted in the 2010s to Burmese ( Karen ) refugees and Bangladeshi immigrants. Between 2008 and 2016, Burmese, Somali , Bhutanese , and Iraqi Americans were

9796-502: The customer loans and American Express processed the transactions. American Express dismissed Bank of America from its antitrust litigation against Visa, Mastercard, and other banks. The first card from the partnership, the Bank of America Rewards American Express card, was released on June 30, 2006. In June 2005, American Express introduced ExpressPay, a contactless payment system based on wireless RFID . In July 2005, American Express issued

9920-488: The end of the 18th century, only 338 sq mi (216,000 acres; 880 km ; 88,000 ha) of reservations remained. After the Treaty of Big Tree removed Iroquois title to lands west of the Genesee River in 1797, Joseph Ellicott surveyed land at the mouth of Buffalo Creek. In the middle of the village was an intersection of eight streets at present-day Niagara Square . Originally named New Amsterdam, its name

10044-462: The end of the Wells-Fargo reign in 1914, an aggressive new president, George Chadbourne Taylor (1868–1923), who had worked his way up through the company over the previous thirty years, decided to build a new headquarters. The old buildings, dubbed by The New York Times as "among the ancient landmarks" of lower Broadway, were inadequate for such a rapidly expanding concern. After some delays due to

10168-476: The entire scandal. In July 1989, American Express publicly apologized to Edmond Safra and donated $ 8 million to the charity of his choice. In 1990, American Express sold its Swiss banking operations to Compagnie de Banque et d'Investissements, which led to the creation of Union Bancaire Privée (UBP). In 1984, Amex launched the Platinum Card, billed as an "ultra-exclusive" credit card with a $ 250 annual fee. It

10292-536: The exclusive issuer of Costco's credit cards and Visa replaced American Express as the exclusive credit card accepted at Costco's stores in the United States. All TrueEarnings card accounts and balances held by American Express were sold to Citigroup, and new Costco Anywhere Visa cards were sent to Costco members prior to the switch date. The Costco partnership represented 8%, or $ 80 billion, of American Express' billed business and about 20%, or about $ 14 billion, of its interest-bearing credit portfolio. The impact of losing

10416-576: The exposition, President William McKinley was assassinated by anarchist Leon Czolgosz . When McKinley died, Theodore Roosevelt was sworn in at the Wilcox Mansion in Buffalo. Attorney John Milburn and local industrialists convinced the Lackawanna Iron and Steel Company to relocate from Scranton, Pennsylvania to the town of West Seneca in 1904. Employment was competitive, with many Eastern Europeans and Scrantonians vying for jobs. From

10540-454: The four largest ethnic immigrant groups in Erie County. A 2008 report noted that although food deserts were seen in larger cities and not in Buffalo, the city's neighborhoods of color have access only to smaller grocery stores and lack the supermarkets more typical of newer, white neighborhoods. A 2018 report noted that over fifty city blocks on Buffalo's East Side lacked adequate access to

10664-527: The frozen Lake Erie . Although snow does not typically impair the city's operation, it can cause significant damage in autumn (as the October 2006 storm did). In November 2014 (called " Snowvember "), the region had a record-breaking storm which produced over 5 + 1 ⁄ 2  ft (66 in; 170 cm) of snow. Buffalo's lowest recorded temperature was −20 °F (−29 °C), which occurred twice: on February 9, 1934, and February 2, 1961. Although

10788-494: The high-fee Centurion Card , often referred to as the "black card," which caters to an even more affluent customer segment. The card was initially available only to select users of the Platinum card. American Express created the card line amid rumors and urban legends in the 1980s that it produced an ultra-exclusive black card for elite users who could purchase anything with it. In December 2000, American Express agreed to acquire

10912-435: The late 19th century to the 1920s, mergers and acquisitions led to distant ownership of local companies; this had a negative effect on the city's economy. Examples include the acquisition of Lackawanna Steel by Bethlehem Steel and, later, the relocation of Curtiss-Wright in the 1940s. The Great Depression saw severe unemployment, especially among the working class. New Deal relief programs operated in full force, and

11036-588: The launch of Bluebird, a prepaid debit card with roadside assistance and identity theft protection that can also be used as a substitute for a traditional transactional account whereby users can have payments deposited to the account and have insurance from the Federal Deposit Insurance Corporation . In October 2013, Amex sold most of its publications: Travel + Leisure , Food & Wine , Executive Travel , Black Ink , and Departures magazines, to Time Inc. Time restructured

11160-407: The local unemployment rate to 7.5 percent by December 2020. The local unemployment rate had been 4.2 percent in 2019, higher than the national average of 3.5 percent. Buffalo is home to over 20 theater companies, with many centered in the downtown Theatre District . Shea's Performing Arts Center is the city's largest theater. Designed by Louis Comfort Tiffany and built in 1926,

11284-571: The metropolitan area to lack a high-school diploma. During the early 19th century, Presbyterian missionaries tried to convert the Seneca people on the Buffalo Creek Reservation to Christianity. Initially resistant, some tribal members set aside their traditions and practices to form their own sect. Later, European immigrants added other faiths. Christianity is the predominant religion in Buffalo and Western New York. Catholicism (primarily

11408-505: The mid-1800s; about one thousand German and Lithuanian Jews settled in Buffalo before 1880. Buffalo's first synagogue , Temple Beth El, was established in 1847. The city's Temple Beth Zion is the region's largest synagogue. With changing demographics and an increased number of refugees from other areas on the city's East Side, Islam and Buddhism have expanded their presence. In this area, new residents have converted empty churches into mosques and Buddhist temples. Hinduism maintains

11532-489: The mid-1970s before closing it in 1983. The region lost at least 70,000 jobs between 1970 and 1984. Like much of the Rust Belt , Buffalo has focused on recovering from the effects of late-20th-century deindustrialization . Buffalo is on the eastern end of Lake Erie opposite Fort Erie, Ontario . It is at the head of the Niagara River, which flows north over Niagara Falls into Lake Ontario . The Buffalo metropolitan area

11656-455: The official launch date. The card was launched with an annual fee of $ 6, $ 1 higher than Diners Club, to be seen as a premium product. The first cards were made of paper, with the account number and card member's name typed. In 1959, American Express became the first company to issue embossed plastic cards. In 1966, American Express introduced the Gold Card for "big-spending members". In 1977, James D. Robinson III became chairman and CEO of

11780-530: The opening of the St. Lawrence Seaway saw the city's economy decline and diversify. It developed its service industries , such as health care, retail, tourism, logistics, and education, while retaining some manufacturing. In 2019, the gross domestic product of the Buffalo–Niagara Falls MSA was $ 53 billion (~$ 62.3 billion in 2023). The city's cultural landmarks include the oldest urban parks system in

11904-468: The possibility of launching a travel charge card as early as 1946, but it was not until Diners Club launched a card in March 1950, that American Express began to seriously consider the possibility. At the end of 1957, under American Express CEO Ralph Reed the company entered the business and by the launch date of October 1, 1958, public interest had become so significant that 250,000 cards were issued prior to

12028-606: The power to put even animals and plants to sleep, which could affect the harvest. At the conclusion, audience members typically offered gifts, such as tobacco, to the storyteller as a sign of appreciation. During the Beaver Wars in the mid-17th century the Senecas conquered the Erie and Neutrals in the region. Native Americans did not settle along Buffalo Creek permanently until 1780, when displaced Senecas were relocated from Fort Niagara . Louis Hennepin and Sieur de La Salle explored

12152-460: The practice largely ended in 1991. In April 1992, American Express spun off First Data in an initial public offering . In 1993, Harvey Golub became CEO of American Express. That year, American Express negotiated the sale of Shearson's retail brokerage and investment management business to Primerica . The Shearson business was merged with Primerica's Smith Barney to create Smith Barney Shearson . In June 1994, American Express completed

12276-511: The primary residents of the Buffalo area before 1800, concentrated along Buffalo Creek. After the Revolutionary War, settlers from New England and eastern New York began to move into the area. From the 1830s to the 1850s, they were joined by Irish and German immigrants from Europe, both peasants and working class, who settled in enclaves on the city's south and east sides. At the turn of the 20th century, Polish immigrants replaced Germans on

12400-404: The proposed Erie Canal would bring prosperity to the area. To accomplish this, Buffalo's harbor was expanded with the help of Samuel Wilkeson ; it was selected as the canal's terminus over the rival Black Rock. It opened in 1825, ushering in commerce, manufacturing and hydropower . By the following year, the 130 sq mi (340 km ) Buffalo Creek Reservation (at the western border of

12524-419: The publications, which are now owned by Dotdash Meredith . In 2013, the company opened its first airport lounge, offering access to certain cardmembers. In March 2014, American Express announced the corporate spin-off its corporate travel business as American Express Global Business Travel and the sale of 50% of the business to an investor group led by Certares LP for $ 900 million. Effective in 2016 in

12648-489: The region. Advanced manufacturing has increased, with an emphasis on research and development (R&D) and automation . In 2019, the U.S. Bureau of Economic Analysis valued the gross domestic product (GDP) of the Buffalo–Niagara Falls MSA at $ 53 billion (~$ 62.3 billion in 2023). The civic sector is a major source of employment in the Buffalo area, and includes public, non-profit, healthcare and educational institutions. New York State, with over 19,000 employees,

12772-586: The region. The Neutral grew tobacco and hemp to trade with the Iroquois, who traded furs with the French for European goods. The tribes used animal- and war paths to travel and move goods across what today is New York State. (Centuries later, these same paths were gradually improved, then paved, then developed into major modern roads.) Traditional Seneca oral legends, as recounted by professional storytellers known as Hagéotâ, were highly participatory. These tales were told only during winter, as they were believed to have

12896-482: The site for its stables. The company's first New York headquarters was an 1858 marble Italianate palazzo at 55–61 Hudson Street , which had a busy freight depot on the ground story with a spur line from the Hudson River Railroad . A stable was constructed in 1867, five blocks north at 4–8 Hubert Street. The company prospered sufficiently that headquarters were moved in 1874 from the wholesale shipping district to

13020-489: The spin-off of the remaining investment banking and institutional businesses as Lehman Brothers , ending its foray into the brokerage business. In September 1994, the Optima True Grace card was introduced. The card was unique in that it offered a grace period on all purchases whether a balance was carried on the card or not, not charging interest on new purchases immediately for cards with unpaid balances. The card

13144-569: The state. Seventeenth-century Jesuit missionaries were the first Europeans to visit the area. During French exploration of the region in 1620, the region was sparsely populated and occupied by the agrarian Erie people in the south and the Neutral Nation in the north, with a relatively small tribe, the Wenrohronon , between and the Senecas , an Iroquois tribe, occupying the land just east of

13268-403: The successor earlier in 1850 of Butterfield, Wasson & Company). Wells and Fargo also started Wells Fargo & Co. in 1852 when Butterfield and other directors objected to the proposal that American Express extend its operations to California. American Express initially established its headquarters in a building at the intersection of Jay Street and Hudson Street in what was later called

13392-493: The theater presents Broadway musicals and concerts. Shakespeare in Delaware Park has been held outdoors every summer since 1976. Stand-up comedy can be found throughout the city and is anchored by Helium Comedy Club, which hosts both local talent and national touring acts. The Nickel City Opera (known as NC Opera Buffalo and NCO ) is an American opera company based at Shea's Performing Arts Center in Buffalo and

13516-555: The time of its acquisition, Shearson Loeb Rhoades was the second-largest brokerage firm , behind Merrill Lynch . After the purchase of Shearson, Weill was given the position of president of American Express in 1983. Weill grew increasingly unhappy with responsibilities within the company and his conflicts with CEO James D. Robinson III . Weill soon realized that he was not positioned to be named CEO and resigned in August 1985. In 1984, American Express acquired Lehman Brothers and added it to

13640-431: The time. The building completed the continuous masonry wall of its block-front and assisted in transforming Broadway into the "canyon" of neo-classical masonry office towers familiar to this day. American Express sold this building in 1975, but retained travel services there. The building was also the headquarters over the years of other prominent firms, including investment bankers J.& W. Seligman & Co . (1940–74),

13764-510: The upper Niagara and Ontario regions in the late 1670s. In 1679, La Salle's ship, Le Griffon , became the first to sail above Niagara Falls near Cayuga Creek . Baron de Lahontan visited the site of Buffalo in 1687. A small French settlement along Buffalo Creek lasted for only a year (1758). After the French and Indian War , the region was ruled by Britain. After the American Revolution ,

13888-521: The use of Visa and Mastercard. The rationale was due to far lower fees as compared to American Express' fees at the time (which were about 4% for each transaction versus around 1.2% for Visa and Mastercard). The revolt, known as the "Boston Fee Party" (alluding to the Boston Tea Party ), spread to over 250 restaurants across the United States, including restaurants in other cities such as New York City , Chicago , and Los Angeles . Visa offered to pay

14012-473: The village) was transferred to Buffalo. Buffalo was incorporated as a city in 1832. During the 1830s, businessman Benjamin Rathbun significantly expanded its business district. The city doubled in size from 1845 to 1855. Almost two-thirds of the city's population was foreign-born, largely a mix of unskilled (or educated) Irish and German Catholics . Fugitive slaves made their way north to Buffalo during

14136-659: Was 6,470.6 per square mile. Buffalo's architecture is diverse, with a collection of 19th- and 20th-century buildings. Downtown Buffalo landmarks include Louis Sullivan 's Guaranty Building , an early skyscraper; the Ellicott Square Building , once one of the largest of its kind in the world; the Art Deco Buffalo City Hall and the McKinley Monument , and the Electric Tower . Beyond downtown,

14260-445: Was assigned the task of consolidating the railway lines for the war effort. All contracts between express companies and railroads were nullified and McAdoo proposed that all existing express companies be consolidated into a single company to serve the country's needs. This ended American Express's express business and removed them from the ICC's interest. The result was that a new company called

14384-460: Was designed by Frank Lloyd Wright in his Prairie School style. Since 2016, Washington DC real estate developer Douglas Jemal has been acquiring, and redeveloping, iconic properties throughout the city. According to Mark Goldman, the city has a "tradition of separate and independent settlements". The boundaries of Buffalo's neighborhoods have changed over time. The city is divided into five districts , each containing several neighborhoods, for

14508-547: Was discontinued a few years later. In 1998, Amex launched the Blue credit card, targeted at young adults, in the UK after testing it in other countries. The card had a smart chip and users were encouraged to pay bills and get information via the company website. It launched in the US in 1999. A television media campaign for Blue adopted the 1979 UK Synthpop hit " Cars " by Gary Numan as its theme music. In 1999, American Express introduced

14632-581: Was instrumental in expanding business operations overseas, even investing in tourist relations with the Soviet Union . During World War I, Dawson was a photographer and film correspondent with the German army. American Express was one of the monopolies that President Theodore Roosevelt had the Interstate Commerce Commission (ICC) investigate during his administration (1901–1909). The interest of

14756-511: Was introduced in 1975 and renewed in 2005. In the 1980s, Amex acquired and then divested a stake in Shearson . In the 1990s, it stopped reducing interchange fees for merchants who exclusively accepted Amex cards and expanded market share through targeted marketing campaigns. Amex converted to a bank holding company during the 2007–2008 financial crisis . Amex began operating airport lounges in 2013, offering access to certain cardholders. Amex had

14880-475: Was merged with the investment banking business. The investment banking arm was renamed Shearson Lehman Hutton, Inc. In 1983, as part of Robinson's plan to expand into international banking of wealthy clients, Amex acquired Trade Development Bank of Geneva from Edmond Safra for US$ 550 million and Safra became a member of the board of directors of Amex. TDB executives were excluded from important company decisions and Safra unsuccessfully tried to repurchase

15004-556: Was offered by invitation only to American Express customers with at least two years of tenure, significant spending, and excellent payment history. In 1987, American Express introduced the Optima card, its first credit card product that did not have to be paid in full at the end of the month. In 1991, a group of restaurants in Boston , including some that were exclusive to Amex, stopped accepting American Express while accepting and encouraging

15128-595: Was redeveloped in 2020. Other revitalized areas include Chandler Street, in the Grant-Amherst neighborhood, and Hertel Avenue in Parkside. The Buffalo Common Council adopted its Green Code in 2017, replacing zoning regulations which were over sixty years old. Its emphasis on regulations promoting pedestrian safety and mixed land use received an award at the 2019 Congress for the New Urbanism conference. Buffalo has

15252-573: Was soon changed to Buffalo. The village of Buffalo was named for Buffalo Creek . British military engineer John Montresor referred to "Buffalo Creek" in his 1764 journal, the earliest recorded appearance of the name. A road to Pennsylvania from Buffalo was built in 1802 for migrants traveling to the Connecticut Western Reserve in Ohio. Before an east–west turnpike across the state was completed, traveling from Albany to Buffalo would take

15376-501: Was the 15th-largest city in the United States ;– down from the eighth-largest city in 1900, after its growth rate slowed during the 1920s. Buffalo finally saw a population gain of 6.5% in the 2020 census, reversing a decades long trend of population decline. The city has 278,349 residents as of the 2020 census, making it the 76th-largest city in the United States. Its metropolitan area had 1.1 million residents in 2020,

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