Inside Long Island Business

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

NYS agency offers bargain for holiday shoppers

New York State government is seeking a piece of the after-Thanksgiving shopping pie.

The state Department of Environmental Conservation is offering a 50-percent discount on subscriptions to the New York State Conservationist magazine, if ordered on Black Friday, the forthcoming weekend or Monday.

The deal applies to new subscriptions and renewals. The magazine, which publishes seven...

Read more »

How LI ranks on unemployment

Job seekers fill out applications this past month

(Credit: Steve Pfost)

How do October unemployment rates in Nassau and Suffolk stack up with the rest of the state? None too shabby.

They didn’t have the lowest rate among New York’s 62 counties, state Labor Department data released Thursday show. That distinction went to Tompkins County, home of Cornell University. Its jobless rate was 4.8 percent.

Nassau ranked seventh, with a 5.7 percent rate, and tied...

Read more »

Stop & Shop and union agree to cooling off

Stop & Shop and the union representing workers in the New York area have agreed to a federal mediator’s request for a seven-day cooling off period.

The United Food and Commercial Workers Local 1500 had called meetings on Sunday to prepare members in case of a strike or a lockout of employees by the company this week, the union said.

While both the union and Stop & Shop, which...

Read more »

Schein to acquire stake in implant maker

A Henry Schein warehouse in Denver, Pa. The

(Credit: Handout)

Health care product giant Henry Schein Inc. Tuesday took another bite into the dental market with a deal to take a majority stake in an Birmingham, Ala., maker of implants.

Financial terms of the deal with BioHorizons, which generates about $115 million in annual revenue, were not disclosed.

Under the agreement, Melville-based Schein would loan $145 million to BioHorizons to fund a distribution...

Read more »

Poll: How much will you spend on holiday gifts?

How much will you spend on holiday gifts

(Credit: Daniel Brennan)

As Long Island's slow recovery from the Great Recession continues, retailers are hoping for a robust holiday spending season.  How do things look from your perspective?  Is your economic situation better or worse than it was last year at this time?  And how will that affect your spending on gifts?

Do you plan to spend more than you did last year, less, or about the same amount?...

Read more »

Port Jefferson Station land sold for multi-family development

An 8.9 acre plot of land in Port Jefferson Station -- the site of a former car dealership that closed during the recession -- has been sold for $3.45 million.

The Northwind Group of Hauppauge bought the land, on the corner of Route 112 and Washington Avenue, according to a Monday news release from Coldwell Banker Commercial Island Corporate Services, which represented the purchaser.

Northwind...

Read more »

$5G printed material grants available for LI nonprofits

Long Island nonprofits are now eligible to apply for a $5,000 grant for use on printed materials, an offer from commercial printing company Star Communications in Hauppauge.

To apply for the grant, organizations may email Joe Crook at jcrook@starcommunications.us for an official application.

Star Communications will consider the nonprofit's proposed use of the grant, how the grant will...

Read more »

Stop & Shop union leaders holding meetings over possible strike

Shop & Stop in Hicksville.

(Credit: Ian J. Stark, 2012)

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 »

LI job growth state's 2nd highest

Job seekers fill out applications at the Coach

(Credit: Steve Pfost)

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 »

Giordano tapped for Suffolk IDA board

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 »

advertisement | advertise on newsday

advertisement | advertise on newsday