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With $650M bet, Cuomo all-in on life sciences

By GREGORY ZELLER // New York has launched a “groundbreaking” $650 million initiative to support life-science industries across the state. The initiative, announced Monday, will offer investment capital, operating support…





Huge gifts take cancer fight to tiniest levels

Consecutive gifts by philanthropists Kavita and Lalit Bahl totaling $13.75 million will fund a new Stony Brook Medicine center dedicated to understanding cancer on the most complex cellular levels. The…




Tools4Ever: Bringing order to data chaos, and fast

A Netherlands-based software firm with a thriving Long Island operation is clamping down on unstructured data. Tools4Ever, a global provider of digital identity and access-management solutions that runs its New York…



Melville tech firm shares nonprofit know-how

A Melville-based tech manufacturer specializing in “alternative fundraising solutions” has opened an online school to teach charities the fundraising ropes – and will pay participants to attend. Digital Donations Inc….



Acquisition sheds new light on Leviton growth plan

An innovative designer has joined the Leviton Manufacturing fold. The Melville-based provider of electrical devices, networking solutions and lighting-energy management systems has acquired ConTech Lighting, an Illinois-based manufacturer of high-performance…