Listen to this article A new pain-relief drug originally developed at Stony Brook University is one step closer to coming to market. The first compound from this technology has received clearance by the U.S. Food and Drug Administration for human clinical trials. The drug is designed to control pain related to cancer treatment. Stony Brook…

Listen to this article Stony Brook University will have an interim president, beginning Aug. 1. The State University of New York Board of Trustees on Tuesday appointed Richard McCormick to the position. With four decades in higher education, McCormick most recently served as president emeritus and Board of Governors professor of history and education at…

Listen to this article New York Institute of Technology appointed Jaishankar Ganesh as the dean for its School of Management. As dean, Ganesh will provide academic, administrative, strategic and financial leadership for New York Tech’s School of Management. His responsibilities include managing and generating new resources for the school and engaging external constituents to raise…

Listen to this article Lorraine Gregory Communications, an Edgewood-based integrated marketing firm, has acquired Axle Eight, a digital agency that is based in Arizona. Terms of the deal were not disclosed. Effective immediately, the acquisition further expands Lorraine Gregory’s offerings in digital marketing, social media management and data-driven strategies, while broadening marketing services to Axel…

Listen to this article Long Island hospitals are among the nation’s top healthcare facilities, according to U.S. News & World Report, which released its 2024-2025 rankings Tuesday. Northwell Health’s North Shore University Hospital in Manhasset and NYU Langone Hospital—Long Island in Mineola were named to the list’s honor roll of top 20 hospitals in the…

Listen to this article Winters Bros. Waste Systems has been acquired by Houston-based WM, the companies announced Monday.  Terms of the deal, completed July 15, were not disclosed.  The transaction includes all Winters Bros.’ hauling operations, long-haul logistics, 12 transfer stations and recycling operations on Long Island, according to a company statement.  West Babylon-based Winters…

Listen to this article United Way of Long Island raised more than $750,000 at its June “United in Purpose” luncheon, the organization said Monday. More than 600 people – from corporations, labor unions and organizations – attended the annual event, held at the Crest Hollow Country Club in Woodbury. The event had a number of…

Listen to this article The American Red Cross in Greater New York has a new regional chief executive. The organization named Doreen Thomann-Howe as CEO, overseeing services that support 13 million people across Long Island, New York City, Westchester and Rockland counites, Greenwich, Conn., and the U.S. Military Academy at West Point. She succeeds Mary…

Listen to this article New York State is offering an expedited initiative to advance minority and women-owned business enterprise (MWBE) opportunities. Through this initiative, eligible applicants may receive MWBE certification determination in 90 days. The certification provides owners with opportunities to access government contracts and grow their business. The statewide “Sail-Thru Summer” initiative through Empire…

Listen to this article Banking executives are relatively confident in the growth of their industry, despite an evolving business climate.  That’s according to KPMG’s third annual Banking Industry Outlook Survey, which polled 200 bank executives on the sector’s challenges and opportunities amidst economic, regulatory and technological obstacles.  The survey found that most banks are embracing a future-forward…