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The Berkshire Hathaway annual letter is out, and Warren Buffett again finds new ways to preach what he's been saying for 50 years. [...]
Sat, Feb 28, 2015
Source Business News
Warren Buffett, the billionaire CEO of Berkshire Hathaway, expects even better times ahead for his company. [...]
Sat, Feb 28, 2015
Source Business News
"Fashion Police" is losing one of its most popular co-hosts. [...]
Sat, Feb 28, 2015
Source Business News
Meet the fastest fans in the land ? at least according to their tweets. Twitter users @challi1337, @TanjaBumbar, @SanjaBumbar, and @MurphyOReilly say they spent the past 12 hours watching the new season of "House of Cards" on Netflix. [...]
Fri, Feb 27, 2015
Source Business News

Stew Leonard’s coming to LI

Farm fresh food retailer Stew Leonard’s, known for operating the world’s largest dairy store, will open its first Long Island grocery store early next year in Farmingdale.   The location in the Airport Plaza shopping center, across from Stew Leonard’s Wines of...

J.C. Penney to close some stores but LI is spared

J.C. Penney Co. will close about 40 stores this year and cut about 2,250 jobs, as it tries to recover from a disastrous attempt to reshape its brand. Most of the stores, located in malls around the country, will close by April 4. The Plano, Texas, company currently runs about...

Bid to add airline at MacArthur is turned down

American Airlines has lost its bid to restore flights between Long Island MacArthur Airport and Reagan Washington National Airport in Washington, D.C. After weighing applications from four airlines, the federal Department of Transportation last month awarded two available Reagan...

Another company leaving Long Island

Olympus America Inc. will be closing the doors on its last remaining Long Island facility this spring, according to a notice filed with the state last week. The notice says, 41 employees will be affected by the Hauppauge facility’s closure, scheduled for April 30, 2015,...

Bridge Bancorp expanding

Bridge Bancorp, parent of Bridgehampton National Bank, said Monday it would acquire the 11-branch Community National Bank, based in Melville, for about $140 million. Bridge, based in Bridgehampton, will have a total of 40 branches and assets of about $3.2 billion when the...

Walmart settles false advertising probe

New York has settled a false advertising probe with Walmart, over an alleged fake “sugar tax.”  State Attorney General Eric Schneiderman yesterday announced that the retail chain has agreed to pay nearly 70-thousand dollars, stemming from a nationwide soda sale in...

End of an era in Babylon

An iconic Suffolk County movie theater has shut its doors after being in business for nearly a century.  “Newsday” reports Babylon Cinemas showed its last film at 7:45 p.m. Sunday.  The theatre’s shiny marquee and fluorescent sign have been staples of the...

Look before you pump

An effort in Suffolk to make sure motorists know what they’re paying at the pump has hit a dead end.  The measure requiring gas stations to post their credit prices on roadside signs, only if the credit price is 5 percent more than the cash price, was voted down Tuesday...