Foye stepping down as Port Authority chief
Port Authority Executive Director Patrick Foye has announced his resignation. Foye, a former corporate attorney who has served in a variety of political roles, including as head of New York’s…
news
Pharma companies expanding in Hauppauge
Two Long Island pharmaceuticals companies will purchase a 92,000-square-foot Hauppauge building and add on another 50,000 square feet of storage space through a deal announced Thursday by the Suffolk County…
New life for lifelong learning
Keeping up with evolving work environments takes some doing, and Hofstra University wants to give regional professionals a hand – whether or not they sign up for the school’s continuing-education courses….
Increased philanthropy? It’s in the cards
By GREGORY ZELLER // An innovative approach to gift-giving could dramatically increase the funds flowing to regional charities this holiday season. Sag Harbor-based Donors Unite Management Corp., in partnership with…
Traverse awarded much-awaited patent
A Stony Brook-based bioscience startup has landed a long-awaited U.S. patent, marking a major step toward commercializing several novel drug candidates. The U.S. Patent and Trademark Office has granted Patent…
Soteria Technologies to the rescue
By GREGORY ZELLER // The Greek goddess of safety may help you breathe a little easier in a crisis situation. At least, Soteria Technologies – a Lindenhurst firm named for…
Report: People’s United shakeup in Hauppauge
People’s United senior vice president Linda Rhoads and two associates have departed the bank following an audit that uncovered “internal fraud” at its Hauppauge branch, the Commercial Observer is reporting….
Women-focused pitch program at Hofstra
Hofstra’s Center for Entrepreneurship has been selected as the local host of the national InnovateHER Competition, a business plan pitch-off inviting entrepreneurs to showcase products and services with “a measurable…
Hedonism in the time of inflation
The Bureau of Labor Statistics released its monthly consumer price index today, showing a modest 0.2 percent increase, the first rise in three months and pretty much in line with…
The Debrief: John Suozzi is breaking with suburbia
Who is John Suozzi? That’s a tough one, even for John Suozzi. Self-described as “someone who’s still being made,” he’s a 2011 Drexel University graduate with a degree in entrepreneurship…
Chris and Ben’s exhaustive search for a better vacuum
By GREGORY ZELLER // Vacuuming with those canister-shaped wet/dry vacuum cleaners can lead to a real dust up. That, at least, is the problem encountered by East Setauket father/son inventing…
Drinking deep from the Internet of Things
By MITCH MAIMAN // The hottest buzz phrase these days is Internet of Things, or IoT. Broadly speaking, IoT is shorthand for smart, networked devices utilizing applications to communicate all…
Sam Altman is, no surprise, focused and intense
Sam Altman is the just-turned-30 president of Y Combinator, the world’s most prestigious accelerator and the booster behind $30 billion worth of startups, including Airbnb, Dropbox, Zenefits and Stripe. He…
DraftKings escalates its NY legal fight
DraftKings, the embattled Boston-based online fantasy sports startup, filed suit on Friday against New York Attorney General Eric Schneiderman for attempting to “bully” the company into halting operations in the Empire…
Luis Gonzalez is InterConnecting the Americas
By GREGORY ZELLER // For Luis Gonzalez and his sales and marketing boosting InterConnecta, the future was on Long Island. And, it turns out, also in Peru. There were specific…