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Biz Buzz







BurgerFi coming to Woodbury


BurgerFi, a Florida chain restaurant that sells upscale burgers and hot dogs, plans to open its first location on Long Island. The company recently signed a lease for a 2,000-square-foot space in Woodbury Marketplace shopping center at 8063 Jericho Tpke., according to its realtor, Sabre Real Estate Group. An opening date has not been announced. BurgerFi locations average $2 million in annual sales and typically employ 15 to 27 workers, according to a news release. The company, with five locations in Florida, sells Angus beef burgers that feature buns branded with the company logo.-- Lisa Du



Pizza Hut moves issue online


Pizza Hut has decided to hold the topping question. The chain announced last week it would offer "free pizza for life" to an audience member who posed the question "Pepperoni or sausage?" to President Barack Obama and Republican nominee Mitt Romney at Tuesday's Hofstra University presidential debate. The company said instead it was moving the contest online because of customer interest, according to The AP. Now, anybody who enters an email address online at Pizza Hut's website will be eligible to win $15,600 -- the equivalent of one pizza per week for 30 years. The original marketing scheme was mocked by several news outlets and blogs for being an embarrassment to the democratic process. -- Lisa Du



Tonight's focus: small loans


Roslyn Goldmacher, chief executive of the Long Island Development Corp., will speak to the Suffolk County Inventors and Entrepreneurs Club Tuesday night. Goldmacher will focus her talk on financing options for small businesses and how to take advantage of certain programs for maximum benefits, Suffolk County Executive Steve Bellone said in a news release. The LIDC is a nonprofit that provides low-interest loans and financial counseling to small businesses for free. Goldmacher founded the organization out of a volunteer effort in 1980. Her talk begins at 7 p.m. at the H. Lee Dennison Building, 100 Veterans Hwy. in Hauppauge. It is free and open to the public; identification is required to attend. -- Lisa Du







Yahoo poaches Google exec


Yahoo chief executive Marissa Mayer has lured away one of Google's top advertising executives to help engineer a turnaround at Yahoo. Henrique de Castro is leaving Google to become Yahoo's chief operating officer early next year. The surprise move announced Monday is Mayer's highest profile hiring since she left Google Inc. in July to run Yahoo Inc. By raiding the ranks of her former employer, Mayer risks raising tensions between Yahoo and Google. The 47-year-old de Castro has been working at Google since 2006. He is currently vice president of a major division that works with Google's advertisers. De Castro, who will finish work at Google by Jan. 22, was enticed to defect with a compensation package reportedly valued at $58 million.



Water-land vehicle set to debut


Amphibious vehicles could soon be zooming out of James Bond's garage -- or pond -- and into yours. The Quadski -- a one-person all-terrain vehicle that doubles as a personal watercraft -- is being billed by its makers as the first high-speed, commercially available amphibious vehicle. It's scheduled to go on sale in the United States by the end of this year for around $40,000. Michigan-based Gibbs Sports Amphibians Inc. hopes to sell the vehicle worldwide by 2014. With its all-terrain tires and four-cylinder, BMW-supplied engine, the Quadski can drive up to 45 miles per hour on land. To take it into the water, the driver presses a button. In five seconds, the four wheels fold up and tuck into the sides. The Quadski can then go a brisk 45 miles per hour in the water.

-- AP

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