Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
MONDAY, Oct. 7
THE LONG ISLAND CENTER FOR BUSINESS AND PROFESSIONAL WOMEN NETWORKING MEETING, Woodbury
Debi Silber, the Mojo coach and president of Lifestyle Fitness, Inc., presents "The Surprising Source of Fatigue in the Working Woman and How to Beat it," includes cocktails, appetizers, dinner and networking, register, 6-8:30 p.m. The Inn at Fox Hollow, 7755 Jericho Tpke.,...Read more »
State Attorney General Eric Schneiderman said Friday he is examining the leaking of stock analysts' reports to some investors, which undercuts most investors.
"In the area of high-frequency trading, we're still a couple of steps behind" the traders, Schneiderman told the Society of American Business Editors and Writers meeting in Manhattan.
"We're looking at issues related...Read more »
Macy's Inc. hasn't yet decided when stores will open after Thanksgiving, the official start of the holiday shopping season, the department-store chain's top executive said Friday.
Terry Lundgren, Macy's CEO, said he is still mulling when to open the doors. They opened at midnight Thanksgiving Day last year.
"I will never say 'never,'" Lundgren said when asked whether store...Read more »
The Fairway Market grocery chain will open a new store in Lake Grove next spring, the company announced this week.
The 53,000-square-foot store -- the first Fairway in Suffolk County -- will open in the DSW Plaza at 4000 Middle Country Rd., joining major retailers such as the Designer Shoe Warehouse and Toys R Us.
The new Fairway Market location expects to generate 400 jobs. The new...Read more »
Almost every week executives of CPI Aerostructures Inc. receive an entreaty to leave Long Island for another state.
Some of the sales pitches are "very aggressive," said Vince Palazzolo, chief financial officer at the Edgewood-based defense contractor. "I probably get, on average, a call a week from different states," such as Ohio, Pennsylvania and the Carolinas.
He...Read more »
Bridge Bancorp said it would issue $25 million in stock to help pay for its acquisition announced earlier this week of a smaller competitor.
The parent of Bridgehampton National Bank said Monday that it would pay $5.3 million to acquire privately-held First National Bank of New York, which has three branches on Long Island and a lending office in Manhattan.
“The purpose of the [stock]...Read more »
Consumer confidence in the New York area rose in September as worries eased about the price of food and gasoline.
The Siena College Research Institute said Wednesday its consumer confidence index for Long Island, New York City and its northern suburbs climbed 4.1 points to 78.8 last month compared with August.
The area index also remained above 76 points, indicating the number of people...Read more »
More than 80 Long Island women entrepreneurs will showcase their handiwork at a business expo this week.
The 13th Women's EXPO will take place Thursday at the Middle Country Public Library in Centereach. From 11 a.m. to 6 p.m., the businesswomen will exhibit their creative work, including jewelry, specialty foods, clothing, art, pottery and other crafts.
Admissions is free. Click...Read more »
Teachers Federal Credit Union said it opened its 25th branch, in Merrick, its first in Nassau County.
"Merrick symbolizes our initial foray into Nassau County, and we plan additional branches to provide financial services to our growing membership," Robert G. Allen, president and chief executive, said in an announcement.
The branch, at 1638 Merrick Rd., opened Sept. 20.
Teachers...Read more »
When will you start your holiday shopping this year?
Are you a procrastinator or an early bird? Do you like to be in and out of the stores ahead of the crowds or do you enjoy the hustle and bustle of Black Friday?
Vote and leave a comment; results and a selection of comments will appear in next Sunday's business section....Read more »