Get the latest news and trends on Long Island companies and the people behind them.
A new Residence Inn by Marriot in Central Islip, the fourth on Long Island, will officially open for business Saturday.
The 125-suite hotel, which is franchisee-owned and managed by Livingston, N.J.-based The Briad Group, is located adjacent to the federal and state courthouses at 7 Court House Dr. The lodging hopes to attract corporate and social travelers as well as those on business at...Read more »
Stony Brook University’s business incubator program will receive up to $375,000 over three years to expand its offerings and connect tenants to nearby research institutions such as Brookhaven National Laboratory, state officials announced Thursday.
The money was awarded competitively by Empire State Development from dozens of applications received from across the state, according to Kenneth...Read more »
Aceto Corp. on Thursday said it had purchased a French seller of ingredients used in cosmetics and other personal care products.
The Port Washington-based chemicals supplier bought Inter'actifs for an undisclosed price. Inter'actifs is based in Saint-Brieuc.
"While small in size, this strategic investment will expand the scope of our specialty chemicals business in Europe,"...Read more »
Long Island Business News named a new publisher and editor, two posts that had been vacant since October, the paper's owner The Dolan Co. announced Wednesday in a news article on the publication's website.
Scott Schoen, the audience development manager for The Dolan Co. was named publisher, and senior reporter Gregory Zeller was named editor for the 7,500-circulation business weekly.
Schoen...Read more »
Health products provider Henry Schein Inc. announced on Tuesday it is increasing its stock buyback program by an additional $300 million.
“Our strong balance sheet provides us with the financial flexibility to return capital to shareholders while continuing to invest in our business and maintaining our ability to capitalize on our growth opportunities,” chief executive Stanley Bergman said...Read more »
On Long Island, it's a frequent scenario: A private company threatens to move, or says it can't expand without government help. So a county or town Industrial Development Agency grants breaks on property taxes and/or sales taxes to convince the company to stay or expand, thereby preserving or creating jobs on the Island.
Do you think the tax benefits are worth the cost? Vote and leave...Read more »
Hi-Tech Pharmacal reported Tuesday that its profit for the August-October period fell 87 percent compared with a year earlier, after setting aside $9.5 million for a possible settlement of a pricing investigation in Texas.
The Amityville-based manufacturer of generic and brand-name drugs said profit for the quarter ended Oct. 31 was $1.2 million compared with $8.9 million in 2012.
Sales...Read more »
Just in time for the holidays, New York State Monday announced the opening of on an online store to sell I Love NY merchandise.
The store, located at www.shopiloveny.com, features $19.50 T-shirts, $24 vinyl tote bags, $24.95 baseball caps and $34.95 messenger bags emblazoned with different versions of the I Love NY logo.
There are logos for I Love NY LGBT, I Buffalo NY, I Theater NY...Read more »
TUESDAY, Dec. 10
EZ SPEAKERS TOASTMASTERS | Hauppauge
Meeting helps with public speaking and leadership skills, 11:50 a.m.-12:50 p.m., H. Lee Dennison Building, 100 Veterans Memorial Hwy., free, ezspeakers.toastmastersclubs.org, 631-375-7407.
HOLIDAY PARTY | Plainview
Features networking, 50/50 raffles and a swap/swipe game, presented by the Independent Business Women's Circle,...Read more »
A Hicksville-based seller of chocolates and gourmet foods will receive tax breaks over 20 years in return for staying in Nassau County rather than moving out of state, officials said Friday.
The county’s industrial development agency gave the incentives in support of a $14.7-million plan by Nassau Candy Distributors Inc. for a regional warehouse at 300 Duffy Ave. in Hicksville.
The new...Read more »