Highlights from the blog this week
The Estée Lauder store in Manhasset. Credit: Newsday, 2007 / Ana P. Gutierrez
Here are some of the top stories this week from Inside Long Island Business.
-- Estee Lauder Inc., the cosmetics company, announced it was closing a packing plant in Islandia and laying off 103 full-time, 219 active part-time, and 213 inactive on-call employees. That's a scene from their store, above.
-- A plan by Hauppauge-based Standard Microsystems Inc. to buy a rival California company for $284 million is on hold now that another suitor has offered more money.
-- The widow of Matthew Crosson, a former Long Island Association president, has taken a job as vice president for external relations at Stony Brook University.
-- One of the top executives of a Uniondale investment company that fleeced members of a Queens church out of $10 million has been banned from the industry by federal securities regulators.
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Read more of Inside Long Island Business
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
