Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
Union leaders of Stop & Shop workers in the New York area were holding meetings Sunday evening to update members on a possible strike or work stoppage as they head into the busy Thanksgiving shopping period.
Employees represented by the United Food and Commercial Workers Local 1500 will meet in Uniondale and Mount Kisco, where union leaders will update members about negotiations and a...Read more »
Long Island’s private sector looked pretty strong in October. The sector posted the second-strongest job growth in the state last month, outpaced only by New York City, Labor Department data released Thursday show. And October marked the 41st-consecutive month of year-over-year employment gains in the sector.
The Island’s 2.4 percent job growth last month, nearly matched the City’s 2.5...Read more »
Suffolk County lawmakers this week approved the nomination of Anthony Giordano, an insurance and investments counselor from Smithtown, to serve on the board of directors of the county’s industrial development agency.
The move fills a vacancy caused by the resignation of IDA chairman Paul J. Tonna in August.
Giordano is a former agent for major league baseball players and ran unsuccessfully...Read more »
Following months of lead-up announcements, the Long Island Fight for Charity will take place next Monday night.
Local businessmen and women raise train and raise money to participate in the event, which this year is pitting 23 participants against each other. The fighters this year include people like small business owner Sal "The Hammer" Ferro and lawyer Terese "The Knockout"...Read more »
Three Long Island organizations received nearly $900,000 total in grants from New York State for their efforts in researching and developing of energy efficient technologies for buildings, Gov. Andrew M. Cuomo announced Wednesday.
The grants -- to a total of 19 companies in the state -- is the second of six rounds of funding through the New York State Energy Research and Development Authority's...Read more »
Prices in the metropolitan area increased slightly last month because of higher housing costs.
The federal Bureau of Labor Statistics reported Wednesday that its consumer price index for the 31-county region that includes Long Island was up 1.1 percent in October compared with a year ago.
The index gain was the smallest, year over year, since July 2012.
In October, grocery prices...Read more »
First National Bank of New York has notified the state that it will lay off as many as 36 people in its Melville headquarters early next year when the bank is acquired by Bridge Bancorp and the office closes.
The mandatory filing with the state Department of Labor said the layoffs will be effective Feb. 14.
But one of the 36, John Stewart, chief executive of First National, said Bridge...Read more »
The Walt Whitman mall in Huntington Station will celebrate its recent makeover Thursday, unveiling a bronze statue of its namesake and kicking off four days of food tastings, fashion events and music.
Walt Whitman Shops, as the mall is now called, underwent a 70,000-square-foot expansion over the last year, adding more than 30 new retailers and restaurants. Among the new shops in the mall...Read more »
Programs at Hofstra University and Suffolk County Community College will share nearly $148,500 to help aspiring small business owners, officials said Monday.
Each school's Entrepreneurial Assistance Program will receive a grant of $74,207 from Empire State Development, New York's primary business-aid agency.
The funds will pay for counselors and others who aid people interested in starting...Read more »
Discounter Big Lots Stores Inc. faces a $169,000 fine for “repeat and serious” safety violations at its West Babylon store, a federal agency said Monday.
The U.S. Occupational Safety and Health Administration said it is proposing the fines for a number of violations that include blocked aisles and exit routes and improperly stacked boxes. The agency also said the Columbus, Ohio-based retailer...Read more »