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Shall we play a game? [...]
Mon, Jan 26, 2015
Source Business News
Investors were nervous Monday after elections in Greece ignited fears about fresh turmoil in Europe. [...]
Mon, Jan 26, 2015
Source Business News
The euro slid early Monday after the left-wing party Syriza swept to victory in Greek elections, a major rebuke of austerity policies. [...]
Mon, Jan 26, 2015
Source Business News
The Northeast is bracing for a storm that could throw off travel plans not only on the east coast, but around the nation. [...]
Sun, Jan 25, 2015
Source Business News

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...

Quick Chek coming to Long Island

A New Jersey convenience store chain is opening its first location on Long Island in October and envisions expanding that beachhead to as many as 20 or 30 stores in future years, an executive said Monday. QuickChek, based in Whitehouse Station, New Jersey, will stage a...