Business

$101.6M awarded to 66 LI projects

Newsday

Business Trending

Incidents reported to county police departments jumped nearly 20% from 2022 to 2023.

Shoplifting spikes on LI as retailers lock up items, reduce self-checkout

Most Popular

Latest Videos

Latest videos

Food and dining services stopped on the Nassau Community College campus on April 16. NewsdayTV's Steve Langford reports. 

'Bring back the food for our kids at Nassau'

Opening statements began Monday in the hush money trial of former President Donald Trump.

'It's a case as to bookkeeping'

An old rotary phone was unveiled at the Suffolk County Environmental Center in Islip on Sunday for grieving people to "call" their loved ones "on the wind." NewsdayTV's Steve Langford reports.

'I just said I love you. I miss you.'

A former LI man set himself on fire at a park outside the courthouse of the Trump hush money trial where jury selection happened.

Former LI man ablaze outside trial

A Nassau judge said she was considering additional penalties against the owners of Cold Spring Hills nursing home after the facility ignored a contempt order for failing to make a $2.65 million payment.

On the hook for at least $2.6M

Sign up for the Daily Business newsletter

Business Newsletter Widget

Increases in consumer prices in January-March that were higher than expected have caused officials to rethink the timing of rate cuts, said Austan Goolsbee, who leads the Federal Reserve Bank of Chicago.

Fed needs to 'recalibrate' interest-rate cutting plan, top official says

Business Article Bottom Module

Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.

General Motors reports strong first-quarter profits as prices help offset small US sales dip

The U.S. Supreme Court is set to hear oral arguments in a case filed by Starbucks against the National Labor Relations Board.

Starbucks takes on the federal labor agency before the US Supreme Court

Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its "Full Self Driving" system.

Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth

A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China.

Tensions between Beijing and Washington are the biggest worry for US companies in China, report says

The high costs and limited availability of quality child care are holding back American moms without college degrees.

America's child care crisis is holding back moms without college degrees

The social media company founded by former President Donald Trump applied for a business visa program that he sought to restrict.

Trump called this visa 'very bad' for Americans. Truth Social applied for one

Business Video Playlist

Aldi and other discounters' growth is being helped by a growing number of consumers in search of savings amid elevated grocery prices, retail experts said.

Bethpage, Lake Ronkonkoma, other LI spots to get an Aldi

New York filed a federal lawsuit against Citibank after scammers wiped out some customer accounts. NewsdayTV's Chris Kahn reports.

Bank transfer fraud spikes

According to bankruptcy court filings, Rite Aid plans to close 53 more drugstores, including four on Long Island.

Where closures are happening

Home insurance prices are going up this year, especially on LI. We could see an increase anywhere from 10% to 30%. Newsday's business reporter Jonathan LaMantia reports.

Home insurance prices are going up

The Target will occupy the former Sears in the Lake Success Shopping Center in New Hyde Park.

LI's newest Target to open in April

Raising Cane's would go on the site of the recently demolished Chateau Briand Caterers in Carle Place, making it one of four planned Long Island locations for the chain.

Fast-casual chicken chain plans Carle Place entrée

A dealer of vintage cars in Farmingdale is steering customers to the classics while adapting to the times.

Candy store for classic cars

Courses in artificial intelligence at Farmingdale State College will start in the fall, making the school the first in the SUNY system to offer a bachelor's degree in AI.

A 1st for SUNY: Bachelor's in AI coming to Farmingdale

"I was in shock," said Merrick resident John Patti about possibly losing access to longtime doctors. But on Tuesday, there was relief, as UnitedHealthcare and Mount Sinai reached a contract agreement.

Patients relieved

To prevent bitter buyers, a more than 20-year-old law is getting a refresh. The Property Condition Disclosure Act makes home sellers fill out an official form detailing any issues with the property. NewsdayTV's Ken Buffa reports.

'If I knew then what I know now there's no way I would buy this home' 

As Sam Ash Music Stores commemorates 100 years in business, the Hicksville-based chain announced it's closing nearly 20 shops, including one in Huntington Station.

20 Sam Ash Music stores closing, including one on LI

Wall Street employees saw their bonus pay drop 2% to $176,500, on average, as securities firms adopted "a more cautious approach to compensation", NewsdayTV Business reporter James T. Madore reports.

Bonus pay was $176,500 on average last year

<a href="https://www.newsday.com/video/newsdaytv-top-stories">Get more on these and other NewsdayTV stories</a>

Newsday TV

NewsdayTV Top Item

Lab results due on Bethpage drums ... Trump on trial ... Best LI high schools ... Knicks go up 2-0

Lab results due on Bethpage drums ... Best LI high schools ... Knicks go up 2-0

Business - megaslot

What's happening with Long Island companies, Nassau & Suffolk small businesses, plus stock market updates.