Listen to this article Due to an increasingly complex operating landscape ripe with cybercrime, October has been designated as National Cybersecurity Awareness Month. It is a time to raise awareness about the importance of cybersecurity and to learn how to protect yourself, and your organization, from cybercrime. In the spirit of this important moment in…
Listen to this article There are many ways to exit a business, some of which include complete or partial liquidation, or transfers of ownership via mergers and acquisitions, or through business brokers. One approach–establishing an employee stock ownership plan (or ESOP)–gives workers ownership interest in a company by way of stock shares. It is a…
CIBS W to host AI real estate seminar featuring Bob Knakal The event, titled “Navigating the AI Revolution: A Blueprint for Commercial Real Estate Professionals,” wi[…] October 21, 2024 Source link
Listen to this article Long Island leaders gathered in Dix Hills on Wednesday, pushing for improved transportation planning and the ability to access federal dollars that address the region’s needs. Stakeholders are calling for the creation of the Nassau Suffolk Metropolitan Planning Organization (MPO) to help modernize Long Island’s transportation infrastructure. Fostering that initiative is…
Listen to this article Visiting Nassau County on Tuesday, Gov. Kathy Hochul announced plans for the New York BioGenesis Park, a $430 million, 700,000-square-foot cell and gene therapy (CGT) hub in Lake Success. Developed by Garden City-based Albanese Organization, the project is designed to position New York State, which is investing $150 million in the…
Listen to this article Former Abercrombie and Fitch CEO Michael Jeffries and two others were charged in federal court Tuesday with sex trafficking and engaging in interstate prostitution, and are alleged to have sometimes lured in victims with the promise of modeling opportunities for the clothing retailer, federal officials said. The case will be prosecuted…
Listen to this article Strain Stars, Long Island’s first cannabis dispensary, has given Farmingdale State College $100,000 for a new scholarship. The Strain Stars New Hour Endowed Scholarship is designed to provide financial assistance to current and prospective Farmingdale State students of incarcerated parents. Partnering to assist in the administration of the scholarship is Farmingdale-based…
Listen to this article Less than a year after making its return to physical and digital retail, Buybuy Baby is rethinking its approach. The former subsidiary of bankrupt Bed Bath & Beyond plans to close its fleet of 10 brick-and-mortar stores by the end of this year. Instead, it will become a “digital-first brand,” according…
Listen to this article JPMorganChase, with an office in Melville, has named Alan Petrilli as the Long Island region manager for its Middle Market Banking and Specialized Industries (MMBSI) business. Petrilli now leads the team of commercial bankers serving the banking and financial needs of midsize businesses on Long Island. The team focuses on providing…
Struggling New York Community Bancorp said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year.