No. 440: Belmont begins, clean energy cleans up and nostalgia goes POW, right in the kisser!

Double swear: With husband John Jay O'Connor holding two family bibles, moderate conservative Sanda Day O'Connor is sworn is as the first female U.S. Supreme Court Justice by associate Chief Justice Warren Burger on Sept. 25, 1981. (Photo: Collection of the U.S. Supreme Court)

 

Warm greetings: You wouldn’t know it from the weather, but it’s the first Wednesday of autumn, dear readers, as we hustle over the hump of this latest busy workweek.

Ethan Allen: The face that launched a million sofas.

Pull up a chair: A special hello on this Sept. 25 to new newsletter subscribers Katie, Rob, Marcos, Craig, Mark, Daniel, Eugene, Seth, Anthony, Brad, Marianne, Manny, Adele, Tina, Armando, Larry and Diane.

If any of you had American farmer, businessman, philosopher, writer, theologian, politician and Revolutionary War patriot Ethan Allen surrendering to the British outside Montreal on this date in 1775, huzzah! Here’s a receipt for 100 Continentals, redeemable at any local Ethan Allen Interiors.

Hug a manager today: Attention researchers – it’s National Research Administrator Day, held every Sept. 25 to acknowledge the contributions of admins and managers who keep research projects compliant, on-schedule and on-budget. Show some love.

Take your time, do it Rights: Congress passed the Bill of Rights on this date in 1789.

But the first 10 Amendments to the U.S. Constitution – including freedom of speech, the right to bear arms, the sanctity of states’ rights and all that juicy stuff – wouldn’t be ratified until December of 1791.

And: Establishing new procedures for electing the president and vice president – including some likely to crop up in the next year-plus – the 12th Amendment took effect on this date in 1804.

Early warning: Tobacco was red-flagged in the 19th century.

Smoke signal: The first recorded medical warning against the use of tobacco appeared in The Times of London on Sept. 25, 1878, when English physician Charles Drysdale cited “distressing palpitations of the heart” and other ill effects of the “retrograde influence.”

Weekend driver: Lightning rod industrialist Henry Ford essentially nationalized the five-day workweek on this date in 1926.

Ready, willing and cable: It was Sept. 25, 1956, when TAT-1 (for Transatlantic No. 1) first carried telephone calls between Scotland and Newfoundland (then on to Nova Scotia), marking the first transatlantic cable system not limited to telegraphs.

Big Day: And it was this date in 1981 when Sandra Day O’Connor, the daughter of Texas ranchers Harry and Ada Mae Day, was sworn in as the first woman on the U.S. Supreme Court.

Think fast: Danish astronomer Ole Rømer (1644-1710), who put a speed limit on light, would be 375 years old today.

Also born on Sept. 25 were Italian entomologist/botanist Agostino Marla Bassi de Lodi (1773-1856), the “Father of Insect Pathology”; American shopkeeper Melvin Bissell (1843-1889), who invented the carpet sweeper; American geneticist and foremost fruit fly fellow Thomas Hunt Morgan (1866-1945); American tennis professional May Sutton (1886-1975), the first American woman to win a Wimbledon singles title (in 1905); and great American novelist William Faulkner (1897-1962).

What a View: Pioneer broadcaster Barbara Walters, master of “personality journalism.”

The first lady of network news (literally): And take a bow, Barbara Walters! The American broadcast journalist, author and television personality – and the first woman to anchor a national network news program – turns 90 today.

There’s a petition to lure Walters out of retirement, long enough to host the Times Square ball drop on New Year’s Eve, just so she can say, “I’m Barbara Walters, and this is 2020.” Go sign it – and while surfing the interweb, drop off a story tip or calendar suggestion at editor@innovateli.com, please and thank you.

 

From our sponsor: Science and technology are driving the economy, and Adelphi University now offers three exceptionally innovative programs preparing the next generation of business and industry leaders. A unique Accelerated Business of Science program provides a high-speed path for earning a BS and MBA in just five years. The Scientific Computing minor, developed in partnership with Brookhaven National Laboratory, gives undergraduate students the advanced skills needed to analyze data in large-scale experiments. And the Willumstad Winning Edge, a new program for Robert B. Willumstad School of Business undergraduates, prepares students to be tech- and career-ready for today’s quickly changing business world.

 

BUT FIRST, THIS

Net gain: Opponents are making a power play, but Team Cuomo is sticking with the Belmont arena project.

Ice breaker: Heralding “one of the largest and most impactful developments that [has] been done in the entire downstate region in a long, long time,” Gov. Andrew Cuomo helped break ground this week on the New York Islanders’ new arena at Belmont Park.

Joined by National Hockey League Commissioner Gary Bettman, Islanders majority owner Jon Ledecky, Nassau County Executive Laura Curran and a host of state economic-development officials, Cuomo welcomed “a transformative project that I think is going to energize all of Long Island,” emphasizing not only the return of the hometown Islanders but new retail development and mass-transit options.

Not everyone is thrilled with the Belmont plan. But “a 19,000-seat auditorium stadium in the middle of that development … is exactly what Long Island deserves,” Cuomo said Monday. “Three-hundred-and-fifty-thousand square feet of development, a hotel, retail, 10,000 construction jobs … it’s going to maximize the potential of this site, and that’s long overdue.”

Engagement party: It’s a big day for the Long Island Educational Opportunity Center, which is hosting a special “community engagement event” at Farmingdale State College.

Focused on adult learners, the LIEOC collaborates with higher-education, business, government and community stakeholders across Nassau and Suffolk counties to prepare a skilled and competitive workforce. Today’s event is an anniversary celebration highlighting “dramatic growth” in center programming – now 20-plus courses and counting, including high school equivalency, college-prep and English language classes – and numerous LIEOC success stories.

The LIEOC is also slated to unveil a new 50th anniversary logo at the engagement event, scheduled to begin at 10 a.m. at FSC’s Roosevelt Hall Little Theater.

 

TOP OF THE SITE

Clean living: A new report says Albany’s focus on clean-energy jobs is paying off – and Long Island just might reap the most socioeconomic rewards.

Baby, you’re the greatest: How a Long Island-based fan club kept “The Honeymooners” alive, without the power of the Internet.

Holding pattern: With a global distributor about to fly the coop, the Suffolk IDA landed an incentives deal that will keep the aviation-support ace in Melville.

 

VOICES

Pay attention: Marketers must stop insulting Millennials, warns media expert David Chauvin, who notes the well-educated, information-savvy generation can handle more than 140 characters at a time.

 

STUFF WE’RE READING

Cold front: Your guess is as good as theirs.

Darkening skies: Newsday calculates the Long Island unemployment rate, which rose last month for the first time since 2017.

Stormy weather: CNBC measures the uncertainty swirling around national markets as the impeachment inquiry begins.

Five-day poor-cast: The Observer observes American science, which is not good (and getting worse) at predicting the weather.

 

RECENT FUNDINGS

+ VentriFlo, a New Hampshire-based developer of a blood-pumping surgical and ICU platform, closed a $10 million Series A funding round led by Jim and Pat Poitras and other investors.

+ Amphivena Therapeutics, a California-based clinical-stage T cell therapeutics company, closed a $62 million Series C financing round co-led by NanoDimension and Qiming Venture Partners USA, with participation from Clough Capital, Aju IB, Korys Merieux, Kaitai Capital, Industrial Investors and Nawton Limited, among others.

+ Flipside Crypto, a Massachusetts-based business-intelligence platform for cryptocurrency and blockchain organizations, raised $7.1 million in seed financing led by Galaxy Digital Ventures, with participation from Collaborative Fund, CMT Digital and Avon Ventures, along with previous investors True Ventures, Founder Collective, Digital Currency Group, Castle Island and Boston Seed.

+ Bold Penguin, an Ohio-based commercial insurance-technology provider, completed a $32 million Series B funding round. Backers included Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, Lockton, individuals from Stone Point Capital and existing investors.

+ Cannalysis, a California-based ISO-accredited and state-licensed cannabis-testing laboratory, raised $22.6 million in Series A funding. CanLab made the investment.

+ Skout Cybersecurity, a New York City-based cloud-native cybersecurity provider for small and mid-sized businesses, raised $25 million in Series B funding led by ClearSky, with participation from existing backer RSE Ventures.

 

Nancy Pelosi: Multitasking.

BELOW THE FOLD

Poison pill: How Nancy Pelosi’s pharma-price controls will kill innovation.

Choke out: How most companies strangle innovation.

Dead serious: How University of Alabama scientists confirmed life after death.

Long live: The innovative educators of Adelphi University, one of the amazing institutions that support Innovate LI, breathe new life into the business of science (and the science of business). Check them out.