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Long Island Business News

The premiere source for business news on Long Island via a weekly business journal and the Flash Report, a daily e-newsletter.
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Retailers report sales declines for August

Sep 3, 2009
Retailers on Thursday posted sales declines for August as shoppers held back on back-to-school purchases and continued to focus on necessities, raising further concern about the upcoming holiday season. Early reports showed 11 retailers missed analys...

July pending home sales rise to 2-year high

Sep 1, 2009
Pending U.S. home sales rose more than expected in July to the highest level in more than two years as first-time buyers rushed to take advantage of a tax credit that expires this fall. The National Association of Realtors said Tuesday its seasonally...

CVS will start giving seasonal flu shots Tuesday

Aug 31, 2009
CVS Caremark says it is making flu shots available starting Tuesday, which is three or four weeks earlier than usual. The company said appointments for the flu vaccine will be available at all 500 of its walk-in MinuteClinics, and at scheduled events...

Government extends deadline for clunkers paperwork

Aug 25, 2009
Car dealers will have a bit more time to get reimbursed for their Cash for Clunkers deals after the government extended the deadline for filing applications for the $3 billion government incentives into Tuesday. All sales under the program ended Mond...

Cash for Clunkers program heads into final day

Aug 24, 2009
It was a race to the finish for dealers and customers alike as the government's Cash for Clunkers program headed into its final lap on Monday. Over the weekend, car dealers across the country watched their lots grow empty as crowds rushed to trad...

Smart grid gets stimulus cash

Nov 25, 2009
The Long Island Power Authority on Wednesday said it received a $12.5 million grant from the U.S. Department of Energy to establish a Smart Energy Corridor along Route 110. The project, a collaboration between LIPA, Stony Brook University and...

Study: NY not startup friendly

Nov 25, 2009
When it comes to starting new businesses, New York has fallen behind the nation, a new report states. Only 6 percent of businesses in the Empire State are startups, according to a survey released this week by Babson College and Baruch College of the...

Small insurers fill LI gaps

Nov 25, 2009
As the insurance giants continue to drop Long Island’s homeowners, a few smaller insurers have seen their business skyrocket in an area once completely dominated by big names such as Allstate and State Farm Insurance. At Interboro Insurance in...

Ophthalmologist bets on study

Nov 25, 2009
Dr. Marc Werner is conducting a study that eventually will make life easier for ophthalmology patients. It also might be a way to bring patients back to his office. Werner, president of Stahl Eye Center, a full-service ophthalmology practice...

Editorial: Paterson wrong on education cuts

Nov 25, 2009
Things are so bad that we’re starting to miss Albany’s good old days, when the governor, state Senate majority leader and Assembly leader hid from public view and concocted a budget deal. Now, with a $3.2 billion deficit looming over elected...


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