Gulp: NBTY posts sales drop, plunge in net income
They might wish they’d sold Vitamin World a little sooner. Just one week after announcing it was selling its retail business to a subsidiary of New York City investment group…
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SolarCity announces delays on Buffalo plant
The state’s gamble on SolarCity in Buffalo has slipped into a lower gear. The firm’s $900 million factory, which is being built and equipped with $750 million in state incentives,…
Skin care startup wins Hot Spot designation
By GREGORY ZELLER // Empire State Development has welcomed a third LaunchPad Huntington-sponsored startup into its Innovation Hot Spot program. The state’s economic-development driver has opened the books for Smithtown-based…
Henry Schein shines in Q4, full year
An impressive rise in adjusted earnings per share highlighted 2015 fourth-quarter and year-end financials released Wednesday by Henry Schein Inc. For 4Q 2015, which ended Dec. 31, the global healthcare-products…
Report: Armstrong will head Verizon bid for Yahoo
Verizon Communications has reportedly tapped Tim Armstrong, chief executive of its AOL unit, to head a possible bid for Yahoo’s assets. Verizon has expressed interest in the troubled firm for…
Media watchdog: Say no to Cablevision-Altice deal
By GREGORY ZELLER // Add the Fair Media Council to the list of organizations opposing the proposed sale of Cablevision to Altice. Citing “grave concern for the public interest, public…
The Debrief: Doon Gibbs shines a light on BNL
Doon Gibbs has seen the light, and it comes from the National Synchrotron Light Source II, Brookhaven National Laboratory’s new $912 million electron storage ring. Designed to produce X-rays more…
Law kept 318M pounds of e-waste from landfills
More than 318 million pounds of electronic waste was diverted from landfills in the first three years of New York’s electronics recycling law, state officials announced, but junked televisions and computer monitors are…
Bringing the operating theater to a broader stage
By GREGORY ZELLER // It’s not the first time entrepreneur Don Marchon has pivoted, but for surgeons and surgical patients around the world, this one might be the most important….
The long road to short-order artistry
By GREGORY ZELLER // It’s your typical career trajectory. Start in the hospitality industry, busing tables and supporting kitchens and tending bar and whatever, at age 13. Skyrocket through the…
A benefactor brings Northwell to the big game
Northwell Health is going to the Super Bowl. The former North Shore-LIJ Health System will shine a big spotlight on its new “Look North” advertising campaign with a series of…
With Sullstice, keeping the conversation going
By GREGORY ZELLER // Entrepreneur James O’Sullivan has reached a critical point familiar to many innovators, particularly those offering digital services: How to monetize your beta-test hit? In O’Sullivan’s case,…
Siemens acquiring CD-adapco for $970M
By GREGORY ZELLER // Siemen’s AG has agreed to buy Melville software firm CD-adapco for $970 million. And, no, the deal is not related to the death of the LI…
Cuomo taps Rosado for state secretary
Gov. Andrew Cuomo has nominated former El Diario publisher Rossana Rosado to replace the retiring Cesar Perales as Secretary of State. Rosado has been in and out of government since 1992, when…
Hairpin tops $1M in RNA licensing deals
A Cold Spring Harbor Laboratory spinoff with less than a year under its belt has sped past $1 million in licensing revenue on the lab’s patented “short hairpin RNA” technology….