In Cablevision deal, some Newsday staffers fear the worst — more change
By JAMES BERNSTEIN // Back in 1995, Mark H. Willes, chairman and chief executive of Times Mirror Co., then the owner of Newsday, flew in from L.A. to visit the…
News
Energy from floating ceramic nanomats? Yessir
Using ceramic nanomaterials to produce energy is a million-dollar idea, according to the National Science Foundation. Well, a $935,056 idea, anyway. That’s the size of the NSF grant just awarded…
Cablevision to be acquired by Dutch telecom
Cablevision has agreed to be acquired by Netherlands-based telecom company Altice in a deal valued at $17.7 billion, or about $35 per share. The deal, which must be approved by…
Bringing some heat to local investing
By GREGORY ZELLER // Long Island still has a ways to go before it rivals Silicon Valley or Boston’s Route 128 as an investment hotbed. But the science is here,…
3 digital firms added to Start-Up NY program
Thirty new Long Island jobs are on tap via three new Start-Up NY companies announced Wednesday by Gov. Andrew Cuomo. All told, Cuomo announced 15 new businesses that plan to…
SBU lands $20M for energy, biotech centers
Two Empire State Development awards totaling $20 million will propel Stony Brook University into the future of biotech and energy efficiency. The first award, totaling $10 million over 10 years,…
Tech plays center stage in latest funding contest
With visions of a thriving innovation economy front and center, Long Island business and academic leaders are shooting for $105 million in commercialization funds through the annual Regional Economic Development Council…
Farm preservation, defense, marketing programs land state funding
Peconic Land Trust, a not for profit dedicated to conserving Long Island’s working farms and undeveloped land was awarded $1 million in state money to kick off an agricultural equipment…
Applied DNA acquires W. Virginia firm
Applied DNA Sciences, which uses DNA to authenticate a growing array of products and materials that range from currency to wine, has acquired the assets of West Virginia-based Vandalia Research for $1.5…
The Debrief: Dave Hamilton, clean energy guy
October will mark four years at Stony Brook University’s Clean Energy Business Incubator Program for Dave Hamilton, who in July moved up to executive director after three years as head…
North Shore-LIJ to rebrand as Northwell Health
The North Shore-LIJ Health System made it official Monday, announcing a major rebranding effort that starts with a new name for New York State’s largest employer. As first reported by…
Suffolk in line for $388M sewer project
Consider it a silver lining to some of Long Island’s darkest clouds. In what’s being proffered as a response to the historic flooding caused by Hurricane Sandy, $388 million in…
DiNapoli: Sloppy controls at Upstate IDAs
NY Comptroller Tom DiNapoli is keeping the heat on industrial development agencies around the state, this time with audits that suggest poor followups on approved projects in upstate Niagara, Tompkins and…
It’s always Friday for some LI microbrews
By GREGORY ZELLER // Long Islanders who appreciate small-batch craft beers can now find them on tap in the mothership of large-scale commercialization: TGI Fridays. In addition to stalwart suds…
Teq lands Audio Enhancement deal
Huntington classroom-technology producer Teq has landed another lucrative distribution deal, this time as the exclusive New York provider for Audio Enhancement’s award-winning line school-audio products. It’s the latest classroom coup…