Inside Long Island Business

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

Henry Schein tops its category on Fortune 'most-admired' list

Henry Schein chairman and chief executive Stanley Bergman

(Credit: Mahala Gaylord)

Henry Schein Inc., Long Island’s largest publicly traded company by revenue, has been ranked first in its category in Fortune magazine’s list of the world’s most admired companies.

Henry Schein topped all health care industry wholesalers in making Fortune’s list for the 13th straight year. The Melville-based distributor of dental, medical and veterinary products and services was the only Long...

Read more »

KKR partnership is Broadway Mall buyer

The Broadway Mall in Hicksville on Jan. 15,

(Credit: Danielle Finkelstein)

The Broadway Mall in Hicksville was purchased by a partnership between private equity giant KKR & Co. and a trio of real estate investment firms, according to a news release from Cushman & Wakefield, the brokerage on the deal.

The mall's owner, Manhattan-based Vornado Realty Trust, announced the $94 million sale two weeks ago, but did not disclose the buyer. The deal was expected to...

Read more »

Broadridge Financial Solutions buys Emerald Connect websites for $60M

Broadridge Financial Solutions sign on Aug 20, 2012.

(Credit: Ed Betz)

Broadridge Financial Solutions Inc. announced Wednesday the purchase of a group of websites for $60 million in cash.

The Lake Success-based provider of investor communications services to public companies, Wall Street investment houses and banks has bought Emerald Connect, LLC, whose websites cater to financial advisors.

Emerald is owned by StoneRiver Group.

Robert Schifellite,...

Read more »

Electrician apprentices sought on LI

The Joint Apprenticeship and Training Committee for the Electrical Industry of Nassau and Suffolk counties will begin taking applications March 5 for 50 local apprenticeships, officials said Tuesday.

Applications can be obtained at at Local 25 of the International Brotherhood of Electrical Workers, 370 Motor Pkwy., in Hauppauge, from 10 a.m. to noon, on the first and third Wednesdays of each...

Read more »

Poll: Would you use bitcoin?

Bitcoin buttons displayed on a table at the

(Credit: AP / Frank Jordans)

A major bitcoin exchange has apparently gone bust after racking up catastrophic losses. Other companies that trade in the virtual currency said Tuesday that the website of Mt. Gox, a Tokyo-based exchange,  had disappeared, possibly causing hundreds of millions of dollars worth of losses.

Bitcoin enthusiasts were quick to call the incident an isolated case, and a variety of retailers have...

Read more »

Energy exec to speak on independence, sustainability

Robert Catell, former chief executive of KeySpan, is

(Credit: )

Former KeySpan chief Robert B. Catell will speak about energy independence and sustainability on Wednesday evening at Adelphi University.

Catell will answer questions from Adelphi president Robert A. Scott at 6 p.m. in the ballroom of the university center building on Adelphi's Garden City campus. The event is free and open to the public.

Catell is chairman of the board of directors...

Read more »

LI business events, Feb. 24 to 27

It's still winter as it was on Jan.

(Credit: Newsday / Thomas A. Ferrara)

MONDAY, Feb. 24

QUICKBOOKS BASICS | Stony Brook

Learn QuickBooks Pro from the ground up for your business, 9-11 a.m. Monday, as well as March 3 and 10, Stony Brook Small Business Development Center, Research and Development Park building 17, $125 for three sessions, stonybrook.edu/commcms/sbdc/events, 631-632-9837.

SPEED NETWORKING | Wading River

Benefits a charity; 20 face-to-face...

Read more »

Poll: What has the cold weather cost you?

Icicles cling to a street sign on Feb.

(Credit: Getty Images / Sara D. Davis)

Record snowfall, icy roads and frigid temperatures have tested Long Islanders this winter. Repeated storms have forced schools and businesses to close, and cold temperatures have boosted heating bills. Heavy snow and ice is taking a toll on roofs and gutters, and epic potholes are taking a toll on cars.

What's been your biggest expense from the cold? Vote and leave a comment; results and a...

Read more »

Canon in Melville wins top environmental designation

Canon U.S.A.'s Americas headquarters in Melville, seen on

(Credit: Barry Sloan)

Canon U.S.A. announced Friday that its Americas headquarters has been designated a LEED Gold building, the largest of its kind on Long Island.

The U.S. Green Building Council awarded its Leadership in Energy & Environmental Design (LEED) Gold certification to Canon because of environment-friendly features, such as parking garages that conserve land use, water-efficient plumbing and use...

Read more »

New loan program for NYS contractors

Gov. Andrew Cuomo speaks during a news conference

(Credit: AP / Mike Groll)

Seeking to spur more women and minority-owned companies to do business with the state, Empire State Development on Thursday established a loan loss reserve that will make available at least $15 million for state contractors.

The $2.3-million reserve is designed to encourage lenders to provide working capital to companies that win state contracts.

On Long Island, TruFund Financial Services...

Read more »

advertisement | advertise on newsday

advertisement | advertise on newsday