Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Verint rings Nasdaq opening bell Tuesday

Verint Systems Inc., an intelligence and technology firm

(Credit: Handout)

Executives from Melville-based Verint Systems Inc. were to ring in the start of the trading day Tuesday at the Nasdaq Stock Market.

Verint chief executive Dan Bodner was be at the stock exchange to ring the opening bell at 9:30 a.m. to mark Verint's acquisition of its former majority owner Comverse Technologies Inc.

Verint, which works to analyze large amounts of information gathered...

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Schumer and Gillibrand push for funding to save Brookhaven atom smasher

Brookhaven's atom smasher has been ranked last as

(Credit: Newsday, 2005 / John Paraskevas)

New York's Sens. Charles Schumer and Kirsten Gillibrand have asked the White House  to increase physics research funding by $50 million next year, hoping to prevent the closing of  Brookhaven National Laboratory’s ion collider..

The move comes after a scientific advisory committee ranked the atom smasher last among three projects vying for funding in the face of potential federal...

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Riverhead manufacturer seeks to fill 8 positions

Adchem, a manufacturer of adhesive tape products in Riverhead, will hold a recruitment event to fill eight positions Tuesday.

The event, run through the Suffolk County Department of Labor, will be from 10 a.m. to 2 p.m. Tuesday at the Riverhead County Center.

This is the first time that the Suffolk Labor department has run a recruitment fair on the East End, which should make the event...

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Poll: Have you been a victim of identity theft?

More than 11.6 million adults in America became

Identity theft is on the increase. In 2011, identity fraud increased by 13 percent. More than 11.6 million adults in America became a victim of identity theft, according to Javelin Strategy & Research.

Have you been a victim of identity theft? If so, how did you handle it? Vote and leave a comment.  Results and a selection of the comments will appear in next Sunday's business section....

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Insurance help for LI's Sandy victims

The state's Department of Financial Services is offering homeowners, renters and business owners assistance with insurance issues related to damage caused by superstorm Sandy.

The agency's Mobile Command Center will be stationed at various Long Island locations next week. Representatives will be on hand to help residents contact their insurers and answer questions about their insurance coverage,...

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Bank of America networks down

A Bank of America has announced that it

(Credit: Getty Images, 2008)

Bank of America services were down nationwide Friday as angry customers took to social media to make their frustrations known.

Customers of the nation's second largest bank by assets voiced their grievances on Twitter, saying that they could not access their accounts on the Bank of America website or the mobile app, as well as ATMs.

A Bank of America spokesman said the situation had...

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Attorneys will offer free foreclosure advice in Nassau County

Distressed homeowners in Nassau County can get free legal help at a clinic on Monday.

The Nassau County Bar Association will offer the clinic from 3 to 6 p.m. at its headquarters at 15th and West streets in Mineola.

Volunteer attorneys will offer guidance about foreclosure, loan modification and bankruptcy. Federally certified housing counselors and representatives from the Nassau/Suffolk...

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NY Labor Department to aid Sandy-stricken small businesses

Luis Estevez, of Rockville Centre, stands in his

(Credit: Amanda Voisard)

The state Labor Department plans to send inspectors to help Sandy-damaged small businesses, Gov. Andrew M. Cuomo announced this week.

The inspectors will perform safety and health checks for free, saving the affected companies thousands of dollars. Cuomo said the program is aimed at helping businesses to reopen more quickly after the Oct. 29 storm.

To schedule an inspection, business...

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Storm-hit residents can get insurance, legal help in Freeport

John J. Randall Park in Freeport, a day

(Credit: Howard Schnapp)

Nassau County residents whose homes were damage by superstorm Sandy can seek advice and referrals from volunteer attorneys and federal representatives at a clinic in Freeport next week.

The Nassau County Bar Association and the village of Freeport will offer the clinic on Tuesday from 3 to 6 p.m.at the Freeport Recreational Center, 130 East Merrick Rd.

Representatives from the Federal...

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Queens lighting company to move to Port Washington

The exterior of 15 Harbor Park Dr. in

(Credit: Danielle Finkelstein)

A Queens lighting company plans to move to Port Washington, according to documents filed with Nassau County.

Jesco Lighting Group, based in Glendale, wants to buy 15 Harbor Park Dr. for its headquarters and operations center. The purchase price is $5.5 million and Jesco will make $1 million in improvements, said Nassau County Executive Edward Mangano.

Jesco is the third New York City...

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