LIFT chairman: It was ‘time for a change’
By GREGORY ZELLER // Bill Wahlig’s resignation from the Long Island Forum for Technology didn’t catch the forum by surprise. While stopping short of saying they knew it was coming,…
News
Google touts $165B biz impact
Google helped drive $165 billion in economic activity last year, the search giant reported, helping 1.4 million businesses. The New York numbers: $26.4 billion in economic activity for 129,000 firms…
NYC 2nd to San Fran in digital health funding
The New York City area ranked second in the nation in funding for digital health startups in the first half of 2016, with more than $750 million invested in 26…
Thomson-Reuters to shed IP-science division
Thomson-Reuters has agreed to sell its giant Philadelphia-based Intellectual Property & Science business to a group of private-equity firms based in the U.K. and Canada. The division, which has almost…
Northwell fields new breast-surgery tracker
The Northwell Health Cancer Institute has begun use of a tiny tracking device, just cleared by the FDA, that pinpoints tumors in breast surgeries. The system, called the SAVI SCOUT,…
Northrop Grumman-made robot used in Dallas
The robotic device used to take out the gunman in last week’s shooting rampage in Dallas is a Remotec Andros Mark V-A1. The device, normally used to diffuse bombs, delivered…
Suffolk IDA deals responsible for 1K jobs
The Suffolk County Industrial Development Agency closed almost a dozen deals in the first half of 2016, creating or helping hold onto almost 1,000 jobs. in the first six months…
Traverse, SUNY, DoD set big test for TRB-N0224
Stony Brook-based biotech Traverse Biosciences will share a Department of Defense award with SUNY Upstate Medical University to fund a critical field test of Traverse’s leading drug candidate. The effectiveness…
Study is big news for Vagus pioneer Tracey
By GREGORY ZELLER // Medical science has taken an enormous step toward “using electronics to replace drugs.” Kevin Tracey’s words sound downright science-fictional. And no, researchers cannot wave a medical…
Praise for Westbury’s $10M downtown award
By GREGORY ZELLER // Downtown Westbury will get a $10 million lift through Gov. Andrew Cuomo’s Downtown Revitalization Initiative. Cuomo, who’s been touring New York’s 10 economic zones this week…
Watchdog: Newsday buyback is good news
By GREGORY ZELLER // The international horse-trading that landed Long Island’s primary newspaper back in domestic hands is a horse of another color for a staunch opponent of the recent…
Applied DNA, Melville startup in doc deal
By GREGORY ZELLER // Applied DNA Sciences has its eyes on sensitive government documents and critical legal evidence. The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist has signed a…
Winthrop, NYU Langone in partnership talks
Mineola’s Winthrop-University Hospital is in partnership talks with NYU Langone Medical Center. “This first step represents a momentous milestone for Winthrop,” John Collins, the hospital’s president and chief executive, said…
GE stall, Asian slump nip Park Electrochemical
A weakened Asian market contributed to year-over-year and quarterly drops in net sales and earnings for Park Electrochemical Corp. – though an international aerospace rebound may have the Melville manufacturer…
Coming together to manufacture LI’s future
By GREGORY ZELLER // A multi-agency effort to give displaced workers modern manufacturing skills is about to graduate its first batch of reeducated professionals. And the Advanced Manufacturing Training program…