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The Long Island banking industry has enjoyed some heady days in 2002. Thanks to a still-strong home mortgage environment and extraordinarily low interest rates, many publicly traded institutions have watched [...]

The appeal of a liberal arts education may be waning as more and more college students are setting their sights on vocational majors that offer reasonable starting salaries -- and [...]

The past year may not have been the worst-ever for Long Island not-for-profit organizations, but after the feast of contributions from corporations and individuals alike in the late '90s, 2002 [...]

Brad Rock seems to have been destined for success. When he took over Smithtown Bancorp. in 1990 at the age of 38, the former Division-I quarterback and high school All-American [...]

Last year's executive compensation on Long Island went straight to the bank - literally. Ten of 2002's 25 highest paid Long Island public company executives came from area banks, more [...]

RIVERHEAD -- After a slow winter season, Long Island retailers could be in for yet another setback with the reintroduction of sales tax on clothing on June 1, according to [...]

When the manager of an area business stole the majority of the company's assets, the first thing the businesses' foreign owners did was look into recouping their stolen property. They [...]

HAUPPAUGE -- A bill unanimously passed by the state Legislature would have state and local governments about $1.6 billion this year, essentially by deferring annual contributions into the state public [...]

WOODBURY -- Wall Street's landmark $1.4 billion settlement with the Securities and Exchange Commission doesn't go far enough to address conflicts of interest at major investment banking firms, many area [...]

LAKE SUCCESS -- Hundreds of union workers massed outside a Marcus Avenue construction site this week to protest against a contractor who voiced opposition to Nassau County's s pro-union stand [...]

Small businesses may find a greater availability of funding in the future, thanks to current banking trends that could lead to a secondary market for conventional small business loans, according [...]

The last thing Jim Simons wants to do is toot his own horn. That's why you've probably never heard of him unless you love higher math, study hedge fund returns [...]

CCES -- Grassi & Co. said two six members of their support staff any after it decided to end its public editing practice to concentrate on are lucrative consulting work. [...]

ALBANY -- A national association of insurers is opposing an anti-spam bill making its way through both houses of the state Legislature, calling it bad for business. The National Association [...]

PORT JEFFERSON -- As the accounting industry and the state attorney general spar over accounting reform, the likely sponsor of reform legislation declined to commit himself this week on the [...]

SYOSSET - Lois Clinco, a partner with Syosset-based Feldman, Meinberg & Co., said her firm lost a potential client a year ago because it didn't have a certified fraud examiner. [...]

Karen Pearse didn't take a typical route to the top of the business world. After growing up on Long Island. Pearse spent several of her teenage years working in different [...]

Almost $500,000 was donated to the New York Vietnam Veterans Foundation from a statewide telemarketing campaign in 2001, a sizeable amount for a small charitable organization. The group itself received [...]

HOLTSVILLE -- Area accountants seeking to resolve discrepancies in their clients' federal tax returns are increasingly looking to an IRS-affiliated service for relief. The Taxpayer Advocate Service, which grew out [...]

ALBANY -- The state's decision to include an advertisement from a major auto insurer in its registration and license renewal mailings has raised the ire of independent insurance agents. In [...]

JERICHO -- As the war in Iraq creates extraordinary volatility in the markets, investors are turning to their brokers and financial advisors for advice on how to adjust their portfolios. [...]

MELVILLE - Ernst & Young is now seeking nominees for its 17th Annual Entrepreneur of the Year awards, a global awards program designed to applaud the efforts of the business [...]

Bethpage Federal Credit Union opened in 1942 to service Grumman employees, and throughout the Cold War that's mostly what it did. But since 1992, the year Kirk Kordeleski arrived as [...]

WASHINGTON -- A leading trade group for small business is lobbying for a bill that would let it and other trade associations sidestep state insurance regulations to offer discounted health [...]

WASHINGTON -- The Sierra Club doesn't have numbers, or even anecdotes, to back up its call for aggressive IRS audits of small businesses that claim a deduction for buying an [...]

RONKONKOMA -- Delta Express plans to discontinue its service to Islip MacArthur Airport this summer, following a steep decline in passengers carried by the airline. The discount subsidiary of Delta [...]

RIVERHEAD -- Despite a local law banning the addition of new ferry terminals in the Town of East Hampton, a local ferry operator is renewing its 20-year effort to establish [...]

It not for the Vietnam War, Ed Slott might not be 'America's IRA Expert.' It was only after his birth date was selected as the number two pick in the [...]

Since the issue of brownfield remediation emerged at the forefront of regional consciousness in the late 1990s, little has been done to reclaim and redevelop these tarnished lands, environmental lawyers [...]

WASHINGTON -- Small businesses can expect an average annual tax cut of $2,042 and an increase in the tax-deductible business expenses under President George Bush's proposed fiscal 2004 budget. Those [...]

MANHATTAN -- New York State Attorney General Eliot Spitzer has called for reforms within the state's corporate accountability laws, asking the state Legislature to target potential abuse within nonprofit organizations. [...]

RONKONKOMA -- A billing dispute between a prominent Long Island architect and a contractor for Southwest Airlines has stalled construction for months on Southwest's planned new $40 million concourse and [...]

CALVERTON -- In a move that could serve as the first step in a lengthy rezoning process, the Riverhead Development Corp., an advisory group to the town, has voted in [...]

Roslyn Goldmacher never envisioned being a major player in Long Island's financial world after graduating from Cornell University's renowned School of Industrial and Labor Relations. 'I thought I was going [...]

GARDEN CITY -- In the aftermath of one of the more disappointing shopping seasons in recent history, area retailers are trying to understand what went wrong. While the stumbling economy, [...]

EAST ISLIP -- Electronic self-checkout machines are going mainstream on Long Island. Many grocery stores and a handful of big box stores such as Kmart have installed the systems that [...]

HUNTINGTON STATION -- Following a surprising surge in sales over the Thanksgiving weekend, the retail sector remained relatively sluggish across Long Island through the first half of December. That prompted [...]

SELDEN -- After spending 37 years at Suffolk County Community College, President Sal La Lima said he plans to retire by next fall. The college's board of trustees has responded [...]

GARDEN CITY -- Defying a downtrodden economy and poor predictions, retail sales across Long Island got a much needed boost in the official start of the holiday shopping season last [...]

MELVILLE -- Senior executives say that although their companies are taking steps to increase transparency in corporate reporting, the information needs of their most important stakeholders are not being adequately [...]

STONY BROOK -- While a chorus of economists and politicians have raised their voices against New York City Mayor Michael Bloomberg's proposed new commuter tax, several local pundits believe Long [...]

CALVERTON -- Members of Riverhead's Town Board expressed new concerns about plans for a $300-million waste-to-energy incinerator in Calverton after learning that the project's main proponent was indicted in 1996 [...]

Bethpage Federal Credit Union has received the 2003 Nassau County Financial Institutions 'Award of Excellence' from Huntington's Chamber of Commerce Regional Partnership. Bethpage President and CEO Kirk Kordeleski accepted the [...]

Privately held companies continue to plan for mergers and acquisitions as a means to alleviate competitive stresses and build market share, according to one national survey. The survey of business [...]

Banking veteran Janice Ashley has joined Signature Bank as senior vice president and group director at its Garden City office. Ashley, herself a Garden City resident, began her banking career [...]

The New York State Society of Certified Public Accountants has urged Congress to focus on simplifying the country's tax code. A special NYSSPCA task force, led by Melville-based Holtz, Rubenstein [...]

The Securities and Exchange Commission voted to adopt the internal control provisions of the Sarbanes-Oxley Act, requiring the management of each company to state that they've maintained internal control over [...]