Inside Long Island Business

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

Poll: How much paid vacation do you get?

How much paid vacation do you get?

(Credit: CareerBuilder.com)

It's summer . . . time for vacation. Does your employer give you paid time off? If so, how much?

Or are you self-employed? Do you grant yourself vacation breaks, or feel you can never relax and get away from work?

Finally, are you a small business owner? For many, the word vacation is not in their vocabulary. 

Tell us about your situation. Leave a comment and vote in our poll....

Read more »

Grocer ALDI to hold hiring event

A shopper browses at Aldi, a discount grocery

(Credit: Steve Pfost, 2011)

Discount supermarket chain ALDI will hold a hiring event next week in Bay Shore, as it looks to fill manager trainee positions throughout the Northeast, the company said.

Representatives of the German discount grocery chain will be on hand to meet with job seekers at its Bay Shore store on June 6, between 6 a.m. and 6 p.m. The hiring event is one of seven being held in the state and in New...

Read more »

Lambrides, Lamos, Taylor acquired

East Northport accounting firm Lambrides, Lamos, Taylor LLP has been bought, its new owner announced Wednesday.

CapinCrouse LLP, a Greenwood, Ind.-based accounting company that focuses its practice on nonprofits, said the acquisition will allow it to expand its reach in the New York area. The company said key staff will join the firm and that Lambrides partner Robert Taylor is now a partner...

Read more »

Report: $7B in aid to companies needs more oversight

A new report says programs to provide economic

(Credit: iStock)

New York’s hodgepodge of economic development incentives lacks standards and accountability for $7 billion of taxpayer subsidies that private companies receive annually, according to a report by a watchdog group.

The report, released by the pro-union group ALIGN, said subsidies in the form of tax breaks and grants are often awarded without sufficient transparency and notice to allow the public...

Read more »

CA wins patent for computer backup system

Islandia-based CA Inc. Tuesday, May 28, 2013, won

(Credit: Kevin P. Coughlin, 2012)

Islandia-based CA Inc. received a U.S. patent Tuesday for a system to back up computer data by identifying which files have been modified and which ones haven’t.

The system uses code called a metadata signature to compare files on a computer with those already backed up. The idea is to streamline the computer backup process by only backing up new or modified files rather than creating entirely...

Read more »

Comtech subsidiary adds $4M to federal contract

Fred Kornberg, president and chief executive at defense

(Credit: Newsday / Alejandra Villa)

A Comtech Telecommunications Corp. subsidiary will receive an additional $4 million from the federal government to develop a communications system for the Navy, the Melville-based company announced Tuesday.

The company’s Arizona-based subsidiary, Comtech EF Data Corp. is developing the Advanced Time Division Multiple Access Interface Processor that will be a component in a military communications...

Read more »

Poll: Have your retirement investments recovered?

The Dow has reached all-time highs. Above, traders

(Credit: Getty Images)

Many workers' 401(k) accounts and other retirement investments took a beating in the financial crisis, as stock markets plunged. Now, the markets have recovered and even surpassed their previous highs, with both the Dow Jones Industrial Average and the Standard & Poor's 500 Index hitting new records earlier this year.

So how have you fared? Did you stay in the market and watch your accounts...

Read more »

Poll: Do you buy everything online?

Are you comfortable shopping online?

(Credit: AP)

These days, you can buy just about anything online, from electronics to dog food, toothpaste to platform shoes.

Are you comfortable shopping online? Would you purchase anything that way, or are there some things you still want to touch, feel or try on in person?

Vote and leave a comment.  Results and a selection of comments will appear in next Sunday's paper....

Read more »

Hooters in Farmingdale, Fresh Meadows to reopen

Hooters in Farmingdale, above, and Fresh Meadows will

(Credit: Bruce Gilbert)

A Hooters restaurant in Farmingdale, which closed after a dispute between Hooters of America, Llc. and the franchisee, will reopen this summer with new management.

Marc Phaneuf, the new franchisee, confirmed that he will be opening the Hooters in Farmingdale and another former location in Fresh Meadows, Queens, within one to three months.

Both Hooters had stood as a Bud's Ale House from...

Read more »

Sandy assistance in Long Beach, Bellmore

Portions of the Long Beach boardwalk were twisted

(Credit: Newsday/Thomas A. Ferrara)

State officials will be in two local communities Wednesday and Thursday to help  homeowners and business people harmed by superstorm Sandy.

Gov. Andrew M. Cuomo's administration recently won approval for its plan to use federal Community Block Grants to aid Sandy victims. Those seeking assistance must apply to the state.

Representatives of the Department of Financial Services will...

Read more »

advertisement | advertise on newsday

advertisement | advertise on newsday