Storm prep trade show set in Hauppauge; other business briefs

Travel deals


LONG ISLAND


Storm prep trade show on tap

From mold-killing paint to whole-house backup generators, recovering from the last superstorm and preparing for the next one are the themes of an annual trade show in Hauppauge Wednesday. The Long Island Builders Institute is calling this year's show the Superstorm Resource Expo; it's open free to the public from 4:30 to 8 p.m. at the Hyatt Regency Long Island Hotel, 1717 Motor Pkwy. Nearly 100 exhibitors will show the latest products and services to rebuild and remodel homes. For more, go to libi.org.-- Ted Phillips


Nassau students vie for prizes

Entrepreneurial high school students will compete next month for scholarship money in a marketplace of ideas, Nassau County Comptroller George Maragos said Tuesday. Students on teams from 13 Nassau high schools will vie for $1,500 scholarships for the best business concept that can thrive in the current economy. "The ideas of young adults are often the best source for cultivating the companies of the future," Maragos said. "We want those new companies to be inspired here and to stay in Nassau County." Entries will be judged April 17.-- Ted Phillips


CoreLogic to shutter LI site

CoreLogic Inc. is closing its Garden City office, its only Long Island location, by June 15, a move that the company said will result in job losses for 20 full-time employees and 19 temporary workers. The office is part of CoreLogic Credit Services, which provides credit background checks for automotive and other loans. The national data provider, based in Irvine, Calif., said the closing was consistent with plans to "consolidate various offices to improve efficiency." -- NEWSDAY STAFF


NATION


Microsoft bribery claims probed

U.S. government regulators are investigating allegations that some of Microsoft's partners resorted to bribery to help sell software in China, Romania and Italy, The Wall Street Journal is reporting. Microsoft Corp. responded to Tuesday's report with a blog post saying it's appropriate for the company and the government to review the issues laid out in the Journal's story. The Redmond, Wash., software maker says it will cooperate in any investigation, but declined to comment further. The Journal's report emphasized the inquiry is still in a preliminary phase that hasn't produced accusations of wrongdoing at Microsoft.-- AP


Retirement confidence at low

The economic recovery and the stock market's climb don't appear to be instilling confidence that workers are better prepared for retirement. About half of workers have little or no confidence that they'll have a financially comfortable retirement. That's according to findings from a January survey released Tuesday by the Employee Benefit Research Institute. The nonprofit says its 23rd annual survey found that retirement confidence levels remain at the record lows set last year, despite the improvement in the economy and the stock market. Twenty-eight percent of survey participants were not at all confident they'll be able to afford a comfortable retirement, while 21 percent were not too confident. Only 13 percent were very confident. -- AP


Neiman Marcus settles fur fuss

Upscale retailer Neiman Marcus Group Inc. settled with the U.S. Federal Trade Commission Tuesday for advertising some clothing as having fake fur when it was in fact real, potentially upsetting fur-averse buyers. The Neiman Marcus website advertised three products -- a Burberry jacket, a Stuart Weitzman shoe and an Alice + Olivia coat -- as having fake fur when they did not, the FTC said. The items themselves carried labels saying "real fur." Neiman Marcus agreed to a 20-year consent order barring it from violating a law that requires accurate advertising; the company could not be reached for comment.-- Reuters

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