TG it’s F: Happy Friday, gentle readers. It’s Aug. 18, on which the first horticulture patent was issued, to the Garden State’s Henry Bosenberg. The year, 1949. The plant, a climbing rose.
Birthdays: Rosalyn Carter is 90, Denis Leary hits the big six-oh.
Top of InnovateLI.com: The custom-designed lingerie at startup platform Impish Lee has gone softly natural.
Fueling the dream: The Gas Technology Institute has re-upped itspartnership deal with Stony Brook clean-gen startup ThermoLift, which hopes to bring a revolutionary heating/cooling pump to market. Bob Cattel says that’s a good thing.
Grant news: The Feinstein Institute for Medical Research is targeting genetic risk factors behind Alzheimer’s, the first of many steps toward new potential treatments of the disease, which affects 5.5 million Americans and significantly impacts millions more.
Fixer uppering: Round five of the state’s beat the blight program, Restore NY Communities, offers $80 million in funding. One of three informational meetings on how to get your cut is in Hempstead.
Not rum runners: Operation Blue Trident, a multi-agency training exercise focused not only on radiological detection, but navigational boating safety, marine fisheries compliance and environmental monitoring, is running off the East End.
Yes, but imagine how many HR people they had to hire: 40 Long Island firms made the latest Inc. 5000 list, including our pals at Austin and Williams. The top LI lister, Bay Shore logistics firm Ruby Has Fulfillment, saw 3,333 percent growth over three years.
Double the fun: Medical products giant Henry Schein announced a two-for-one stock split.
Sterling National continues to bulk up: This week’s hire is Steven Levi as senior vice president and senior managing director of commercial banking. He had been first vice president of commercial banking at Valley National.
Sterling’s merger with Astoria Financial received partial federal approval on Wednesday.
NYC Watch: The Tribeca Film Festival people think TV should also have a chance to star.
Also: Manhattan startup Function of Beauty is a hair care platform that makes custom shampoos and conditioners using an algorithm that sorts through 12 billion possible formulas. (We’ll have what she’s having.)
Plus: The Guv staged a press conference to celebrate the start of major construction of the Moynihan Train Hall, which will one day shield LIRR riders from the warrens of Penn Station.
Buffalo Watch: Buffalo and Rochester continued to shed jobs in July. Elmira, too.
A few words from our sponsor: Farmingdale State College is New York’s largest public college of applied science and technology, and a national pioneer in environment sustainability. With almost 9,000 students, Farmingdale boasts Long Island’s second-largest undergraduate enrollment among four-year institutions and offers rigorous academic programs in business, engineering technology, and the health sciences. Learn more here.
WHAT WE’RE READING
Working on it: The difference between the genders’ participation in the labor force is now the narrowest ever. More women are entering the workforce, a trend coinciding with faster job growth in so-called pink collar industries such as health care and education and the continuing female foray into male-dominated fields. Among the top 10 fastest-growing women-owned businesses: plumbers, electricians, and carpenters.
Like anniversaries: A new computing technology called “organismoids” mimics some aspects of human thought by learning how to forget unimportant memories while retaining more vital ones.
Who wants to talk to a millionaire? Mark Cuban plans to repurchase the Broadcast.com domain, acquired by Yahoo in 1999 for $5.7 billion, and launch a celebrity-focused conversation platform on which users would pay with cryptocurrency tokens to chat one-on-one with public figures and influencers. (Sounds a lot like those online strip sites. From what we’ve heard.)
Maybe it’ll vacuum itself: Dyson has hired another Aston Martin executive – this one from procurement; last fall it was AM’s head of development – fueling speculation that the vacuum cleaner company will be taking its battery technology into electric cars.
Gone to seed: According to Seattle-based PitchBook, private equity investors have more capital at their disposal than at any time in more than a decade. Investment firms in North America and Europe had secured $212.6 billion in new commitments this year, outpacing a stellar 2016.
Ivanka’s Goodwill: Having trouble finding Ivanka Trump-wear now that major retailers have dumped her? The fashion resale site Thredup – “the nation’s largest thrift store” – says items from the first daughter’s brand were up 223 percent last year and another 111 percent so far this year.
Numerous heels available yesterday for $26.99, down from $109. Please shop responsibly.
You never forget your first glove: Nokona is the last baseball glove maker in America, and it refuses to die. The nutty scent of leather fills the company’s Texas headquarters, where the lobby is decorated with samples of decades of work, from wallets to football pads. And when you buy a glove, Helen the cashier – she’s worked there 55 years – writes out a receipt by hand. Made in America.
Good questions: Who thought up paper money? What was the secret element that made the Gutenberg printing press possible? And what is the connection between The Da Vinci Code and the collapse of Lehman Brothers? Fifty Inventions That Shaped the Modern Economy paints an epic picture of change by telling the stories of the tools, people, and ideas that had far-reaching consequences for all of us, from the plough to artificial intelligence, from Gillette’s disposable razor to IKEA’s Billy bookcase.
We’ll drink to that: The Brewers Association, the trade association dedicated to small and independent American brewers, reports there are now 5,562 operating breweries in the United States, a jump of 906 since the 2016 midyear report. Another 2,700 are being planned. Current employment is 129,000.
Sorta related: The LIBeerGuide is officially a thing.
And: Low-waste cocktails are the Next Big Thing.
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Compiled by John Kominicki. Thanks for reading.