News

Regional jobless rate continues slow slide

Long Island’s unemployment rate was 4.1 percent in August, down 0.4 percentage points from a year ago, the Labor Department announced Tuesday. Nassau County’s rate decreased by 0.3 percentage points…


NYC’s Vroom closes $50M expansion round

Vroom, the online used-car platform headquartered in NYC’s Flatiron district, has raised $50 million in a Series E round, the company announced Tuesday. The money will be used to resume…



Hofstra mechatronics lift SBU startup

By GREGORY ZELLER // Well, that worked just like they drew it up. Inside three short months, ThermoLift’s strategic research partnership with Hofstra University’s Center for Innovation has engineered advanced…


High caliber, high finance at LICA capital forum

By GREGORY ZELLER // If you’ve ever considered investing in smartphone-based job-candidate psychoanalysis, this was your event. Pitching everything from real-time commuter scheduling apps to, yes, a “mobile-powered talent-assessment system,”…


Albany electrifies municipal ZEV efforts

 By GREGORY ZELLER // Albany is opening its pocketbook to municipalities building new electric-vehicle infrastructure. The governor’s office announced this week that $3 million in funding is available for New…


Scheduling app schedules Apple debut

By GREGORY ZELLER // This time next month, there’ll be no excuse for forgetting to pick up junior after school. At least for iPhone users. Inventor Gregory Wagner, CEO of…


Critical Island roads set for DOT facelift

More than 12 miles of state-owned Long Island roads will be resurfaced through a multimillion-dollar, multiyear paving effort, Gov. Andrew Cuomo announced Tuesday. Slated to begin this week, the $11.6…



Survey: Voters trounce Trump tax plans

More taxing news for the Donald Trump campaign: Americans overwhelmingly prefer Hillary Clinton’s tax plans to Trump’s, according to a new survey released by personal finance platform Wallethub. With questions…


Spectronics signs new EMEA distribution deal

An exclusive distribution agreement with the subsidiary of a global fine-chemicals dealer will expand Spectronics Corp.’s presence in Europe, the Middle East and Africa. The Westbury-based manufacturer of ultraviolet and…


With iOS 10, Nomorobo is ready to rock

By GREGORY ZELLER // Telemarketer terminator Nomorobo, slayer of 135 million robocalls and counting, slides onto iOS devices for the first time Tuesday, when Apple releases its anticipated iOS 10…


When Elon Musk came to Shoreham

By GREGORY ZELLER // Spoiler alert: He hasn’t, yet. But with the South African-born Canadian-American magnate, engineer and inventor already investing $1 million in the Tesla Science Center at Wardenclyffe…