No. 196: Katy Cole, Herman Berliner, Ray Farrell and a halt on H-1Bs

TGIT: A great Tuesday everybody and welcome new readers John, Christina, Mark, Tom, Jody and 47 spambots from the first serious attack on our mail system. If you don’t receive this, they’re why.

There are 11 seats left for the March 21 Innovator of the Year awards. (Unless we add tables, which we’re perfectly willing to do. Get yours here.)

Is your startup struggling? It’s National Free Pancakes at IHOP Day, 7 a.m. to 7 p.m.

Your two-minute economic lowdown: The futures market puts the odds of a March interest rate hike at 82% following word from Janet Yellen that a boost would “likely be appropriate” if things continue as they have been.

Although the Conference Board consumer confidence index reached its highest point in 14+ years in February – it’s at 114.8 – average consumer spending has been slipping, suggesting caution on the part of shoppers. (It’s actually negative when adjusted for inflation. Not good, JY.)

However, the Institute for Supply Management’s manufacturing purchasing manager index rose 1.7 points to 57.7 last month, the best since August 2014. And December’s 20-city house price index showed a 5.8% annual gain in home appreciation.

Initial jobless claims are due out Thursday, February employment on Friday. Only a fifth of Americans said finding a job is hard, the lowest in eight years. (But you remember what happened next.)

Chembio Diagnostics reports earnings today, followed by Planet Payment on Wednesday and FalconStor on Thursday.

There. You know everything we do.

Katy did: Hofstra Law will honor Farrell Fritz partner Katy Cole as an Outstanding Woman in Law. Cole is a commercial litigator who pens the firm’s pretty snappy eDiscovery blog. The award is for meaningful and inspiring contribution to the profession. April 25, Carlyle on the Green in Farmingdale, details here.

Pre-Spring Fall Awards Lineup: LISTnet has announced the winners of its annual autumn LISA honors. Formerly known as the Long Island Software Awards, they’re now called the Long Island Slugger Awards to reflect the organization’s move into the Digital Ballpark in Plainview.

Hofstra legend Herman Berliner leads the group, which also includes Innovate pal Ray Farrell. (The event’s in October. We’ll remind you.)

Keeping track: Want to schedule trips on the Long Island Rail Road, Metro-North, New Jersey Transit, the Virginia Railway Express and Chicago’s Meta railway? Yep, there’s an app for that.

Israeli tech deal: Wrapping up his first international mission since announcing a presidential run in 2020, Gov. Cuomo unveiled a partnership with Israeli software company mPrest that will help keep an eye on the Robert Moses Niagara Power Plant. (Oh, wait. He hasn’t announced yet. The president thing. Sorry.)

Not related: NY ski resorts will use 100% renewable energy by 2030, the governor announced. (The big question is whether we’ll still have snow by then.)

Extreme vetting: The Trump administration has suspended expedited processing of H-1B visa applications, starting April 3. The government will get back to you when and if things change.

Pour planning: The Babylon IDA has abandoned a proposed craft beer incubator that would have been built in a rundown Copiague building, citing problems cutting a deal with the owners, Victor Ocasio reports. (Requires Newsday or Optimum sub.)

Please write: Don’t forget to send us tips, news, story ideas, calendar items, releases, promotions, job openings, birthdays, congratulations, criticisms and corrections to editor@innovateli.com.

About our sponsor: The Law Offices of Andrew Presberg is Long Island’s premier “IDA attorney” for businesses relocating, expanding and growing on Long Island. Founded in 1980, the practice also focuses on the purchase, sale, leasing and financing of commercial and industrial property, SBA loan transactions, construction, commercial banking and real estate litigation.

Spread the news: The Nassau-Suffolk Hospital Council is offering a $2,000 scholarship for college juniors, seniors or post graduate students who are studying journalism, marketing, communication or healthcare administration. Filing deadline is May 12; winner must appear at a June 8 luncheon. Details here.

Flight of fancy: Farmingdale State College aviation expert Michael Canders opines on drones and other hazards, LIMBA, March 17, 8 a.m., Clarion Hotel near MacArthur. Registration here.

Looking your best: PR Professionals of Long Island discuss the elements of strong design, March 21, Four Points Sheraton, 6 to 8 p.m., $50 for members, $65 for the hoi polloi, register here.

Chain, chain, chain: Hofstra is teaming up with the fine folks of APICS for a supply chain management primer, featuring big names from Telephonics, Henry Schein and UPS. Tonight, 6 to 8 p.m., info here.

And remember: Good fellas Dave Kapell and Larry Levy are among those being honored at this year’s Long Island Progressive Coalition soiree, April 1, more info here.

We have the meets: The rest of the Innovate calendar is here.

Head of the class: Y Combinator is putting its Startup School online, for free, including lectures by such heavyweights as Reddit CEO Steve Huffman, WhatsApp co-founder Jan Koum, Stripe chief Patrick Collision and Adam D’Angelo, the CEO of Quora.

Speaking of startups: Jay Z is starting an investment fund called Arrive.

What if: You only got a new cell phone every five years? Wouldn’t be bad for the planet.

What if: You became a sponsor of Innovate Long Island? That would be cool.

Is Shake Shack still a thing? The burger chain’s latest financials have a few crinkles.

A reminder: There’s really no such thing as “free” news. Please support awesome firms like the Law Offices of Andrew Presberg.

Did we mention liking us on Facebook?

Compiled by John Kominicki. Thanks for reading.


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