Listen to this article In an effort to build New York State as a leader in artificial intelligence, Gov. Kathy Hochul said she is fostering initiatives that would advance “responsible research” for the public good at state universities, including the State University of New York at Stony Brook. Through the state’s Empire AI initiative, a…
Listen to this article James Simons, the mathematician, hedge fund founder and philanthropist, died at 86, on Friday, May 10. The former chair of the Department of Mathematics at Stony Brook University, Simons went on to launch Renaissance Technologies in East Setauket, and was considered to be one of the most highly compensated hedge fund…
Listen to this article A Hofstra University alumnus has left $35 million to fund undergraduate scholarships for students attending the Frank G. Zarb School of Business, the university announced Friday. The gift is from Charles Frei, from the university’s class of 1955, who died in October of 2022. It marks the largest gift towards undergraduate…
Listen to this article At a sentencing in federal court in Central Islip Thursday, a Chinese business owner who had residences in Old Westbury and Manhattan, was ordered removed from the United States, having already pled guilty in connection to illegal straw donations and other fraud schemes, officials said. Hui Qin, who had pleaded guilty…
Listen to this article Canon U.S.A., headquartered in Melville, has announced a new partnership with the Ryan Seacrest Foundation. In this partnership, Canon is delivering digital equipment such as lenses, cameras and printers to Seacrest Studios, which are located at 14 pediatric hospitals, including one on Long Island. The foundation, a non-profit 501(c)(3) organization, aims…
Listen to this article Technology has revolutionized our lives, offering unprecedented levels of connection, convenience and security. From social media and GPS tracking to shared calendars and home surveillance systems, these advancements streamline communication, monitor loved ones and provide peace of mind. However, in some relationships, instead of offering convenience and security, technology becomes a…
Listen to this article In Lake Success, Northwell Health’s Cancer InstituteCe’s nter for Genomic Medicine has opened a $3.2 million Molecular Diagnostics Laboratory, or MDL. The 2,800-square-foot facility is designed to identify targeted cancer therapies. Northwell said that the lab will enhance the ability to accurately diagnose and provide a prognosis for cancer patients. The…
Listen to this article When New York State passed the Marijuana Regulation and Taxation Act (MRTA) in 2021, entrepreneurs in the cannabis industry seized on the long-awaited opportunity to open retail cannabis shops on Long Island. But even after the approval of hundreds of adult-use cannabis licenses across the state so far, only two dispensaries…
Listen to this article Small business owners expressed optimism for the future of their businesses over the next 12 months, according to a new survey from TD Bank. The TD Bank 2024 Small Business Survey found that 90% of small business owners polled are feeling optimistic for the future of their business in the next…
Listen to this article In his first State of the County address at the Rose Caracappa Auditorium in Hauppauge on Tuesday, Suffolk County Executive Ed Romaine provided his vision for his four-year term. Top priorities include strengthening municipal finances and public safety, improving county facilities and cybersecurity, prioritizing public works projets and enhancing infrastructure and…