Good Morning
Good Morning

Biz Buzz


Aldi grocery holding job fair

Discount grocer Aldi is looking to hire on Long Island. The grocery store chain will hold a job fair at the Courtyard Marriott in Farmingdale on Monday to fill about 20 positions. An Aldi spokeswoman said the company, known for its discount prices and minimalistic approach to selling groceries, plans to hire 14 cashiers, 4 shift managers and 2 manager trainees. The fair will take place from 7 a.m. to 8 p.m., with a break from 2 p.m. to 4 p.m. Job seekers should bring resumes. Wages for the positions range from $12.10 an hour to $25 an hour; those who work 20 hours a week or more are eligible to receive health benefits. There are two Aldi stores on Long Island -- in Bay Shore and Lake Grove. A third is scheduled to open in Lindenhurst early next year. -- Lisa Du

Cablevision, Disney sign deal

Bethpage-based Cablevision Systems Corp. on Thursday announced a multiyear deal with the Walt Disney Co. that gives Cablevision's TV subscribers new access to ESPN on mobile devices and gives Disney its first distributor for a 24/7 news channel aimed at Hispanic audiences. Financial terms were not disclosed. The agreement is a notable change from a public dispute two years ago, when Cablevision subscribers lost about 15 minutes of the Oscars telecast on Disney's ABC due to a blackout stemming from a fight over fees. With that dispute behind them, the companies were able to discuss new services. Some 70 channels or services are included in the new contract with Cablevision, which owns Newsday. Among them is a round-the-clock news channel, a joint venture between ABC News and Univision, which targets young Hispanic audiences with English-language content. -- AP

TFCU hosts concert, fireworks

Hauppauge-based Teachers Federal Credit Union is hosting a free concert and fireworks show for the public Saturday in Farmingville. The show in the Pennysaver Amphitheater in the Bald Hill Cultural Park will start at 5 p.m. with live music; fireworks are expected to start about 7:15 p.m. TFCU was started in 1952 by a group of Long Island teachers. Today, it has 23 branches, about 227,000 members and more than $4.6 billion in assets. The member-owned credit union is open to residents of Nassau and Suffolk counties.-- Lisa Du


AT&T expands Nokia phone sales

Lending support to two companies struggling to make a comeback in smartphones, AT&T Inc. said Thursday it will be selling Nokia smartphones that run Windows Phone 8, Microsoft's upcoming software release. The phones are a critical part of Nokia Corp.'s attempt to stem its rapid decline from the position as the world's largest maker of phones. The Finnish company's presence in the U.S. market has been very small in recent years, but AT&T and T-Mobile have been selling Nokia's earlier Windows Phones. AT&T said it will be the only U.S. carrier to sell the high-end Lumia 920 phone, at least initially, and will also sell the cheaper Lumia 820. The phones will go on sale in November. AT&T didn't say what they would cost. For Microsoft Corp., the new software is a continuation of an effort to get its software back into smartphones. -- AP

Gasoline futures increase 5.1%

Gasoline surged Thursday as refinery and pipeline shutdowns increased concern that supplies aren't adequate to meet demand. Futures rose 5.1 percent as Valero Energy Corp. halted spot sales in California, citing tight supplies. Exxon Mobil Corp. reduced output at its Baytown, Texas, plant, the largest in the United States, after a fire. Colonial Pipeline Co., operator of the largest conduit between U.S. Gulf Coast oil refiners and East Coast markets, said it shut two fuel lines after a leak. "If something else goes wrong, we'll be in an even more precarious position," said Andrew Lebow, senior vice president for energy at Jefferies Bache Llc in Manhattan. -- Bloomberg News

More news