Get the latest news and trends on Long Island companies and the people behind them.
Chembio Diagnostics Inc. announced Friday that veteran healthcare executive John Sperzel had become its chief executive and president.
Sperzel succeeds Lawrence A. Siebert, who announced last fall that he would retire after more than a decade of leading the Medford-based manufacturer of rapid tests for HIV and syphilis. Sperzel took over on Thursday.
Sperzel has spent more than 25 years...Read more »
The Astoria Federal Savings and Loan Association said Thursday it will open a full-service branch near Penn Station on March 31 to serve commuters and city residents.
The branch at 7 Penn Plaza, on 7th Ave. at W. 31st St., will be Astoria’s first in Manhattan.
A unit of Astoria Financial Corp., based in Lake Success, Astoria is one of the largest Long Island-based banks, with 85 branches...Read more »
New figures show just how bad a month January was for most Long Island car dealers: Registrations of new vehicles fell by 9 percent from the same month a year earlier.
Dealers had told Newsday in February that the winter so far had been an especially tough one for them, as the brutal cold and snowstorm after snowstorm buried inventory stored outside and reduced showroom traffic to a trickle,...Read more »
Exit strategies for business owners who want to retire or pursue another career is the topic of a panel discussion Tuesday at Bethpage State Park.
The panel is part of a dinner organized by the New York chapter of the Association for Corporate Growth. The event starts at 6 p.m. in the park’s Carlyle on the Green restaurant.
Deciding what to do with a business when the owners want to...Read more »
A Jericho company plans a grand opening April 3 of the JFK Airport Travel Plaza, a retail center at the airport in Jamaica.
The 18,000 square foot plaza is on 5.75 acres on the west side of the JFK Expressway at the corner of 147th Street and 150th Avenue, in the airport's cargo area. Tenants include Wendy's, 7-Eleven, Qdoba Mexican Grill, Max's Pizza and a dry cleaning drop-off and pickup...Read more »
Legal issues facing inventors is the subject of the March 18 meeting of the Suffolk County Inventors and Entrepreneurs Club.
Attorney Lisa Renee Pomerantz will speak about the inventing process and the law. Her legal practice revolves around dispute resolution and legal training services for creative companies. She has been practicing law in Suffolk since 2003.
The free event starts...Read more »
Fewer Northeasterners expect to move in the next year than residents of other regions of the United States, according to a new poll.
The Federal Reserve Bank of New York on Monday released its Survey of Consumer Expectations. It showed that in February only 15.8 percent of people living in New York and eight other states in the Northeast said they expected to move their primary residence in...Read more »
The Microsoft store at the Walt Whitman Shops mall in Huntington Station is throwing a party to mark the Monday midnight launch of Titanfall, a "highly anticipated" video game.
The store is one of 13 Microsoft stores in North America to throw a party before the game goes on sale at 12:01 a.m. Tuesday, although many other video game stores are expected to host their own events.
Store...Read more »
Francis Moschella, Pall Corp.'s corporate controller and chief accounting officer, will leave the company effective April 1, according to a Securities and Exchange Commission filing.
Chief financial officer Akhil Johri assumed the role of chief accounting officer effective March 7, according to the brief filing that said Moschella was leaving "to pursue other interests." The company declined...Read more »
A trio of investors will put up more than $5 million to renovate their four-story office building at 600 Community Dr. in Manhasset.
The renovation plans call for a reconstructed building entrance, an upgraded lobby with new marble and granite finishes, and renovated bathrooms.
A timeline for the renovations -- from when it will begin and how long it will take -- was not given. A local...Read more »