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Fox News host Bill O'Reilly says he was an "idiot" for not anticipating the recent challenge to his credibility in stories that suggested he had exaggerated his experiences as a reporter. [...]
Thu, Apr 16, 2015
Source Business News
Kansas Governor Sam Brownback is expected to sign legislation Thursday that will make it illegal for welfare recipients to spend public assistance dollars in movie theaters, tattoo parlors, lingerie stores, and dozens of other places deemed inappropriate by the state - like on cruise ships. [...]
Thu, Apr 16, 2015
Source Business News
The IPO market has lots to celebrate today. It's only fitting that Party City is a guest of honor. [...]
Thu, Apr 16, 2015
Source Business News
Netflix stock traded for under $9 when the company went public in 2002. Now it's worth over $500 a share. [...]
Thu, Apr 16, 2015
Source Business News

Two Melville companies on Forbes list

Health care products distributor Henry Schein Inc. and Canon USA Inc., a unit of the Japanese imaging multinational, were the lone Long Island companies named to the Forbes’ inaugural list of America’s Best Employers. The two Melville-based companies were listed at...

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...