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Feds require testing for tax preparers

Gone are the days when some guy might offer to prepare your tax return in the back of a barber shop. He might have promised a big refund, taken cash as a fee and then vaporized the next day, leaving...

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Apple employees to celebrate Jobs, stores to close

Apple retail stores are closed as the company holds a private memorial service for employees to celebrate the life of company co-founder and former chief executive Steve Jobs. The service, announced to...

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FDA cites dirty equipment in cantaloupe outbreak

Pools of water on the floor and old, hard-to-clean equipment at a Colorado farm’s cantaloupe packing facility were probably to blame for the deadliest outbreak of foodborne illness in 25 years, the...

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LI joins call for truth in wine labeling

Long Island has joined with 14 other premier international wine regions to call on policymakers to heed growing consumer demand for wine truth-in-labeling. Americans, in particular, have very strong...

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New York Community Bank earnings slide in 3Q

Days after announcing layoffs across its branch network, Westbury-based New York Community Bancorp reported third quarter earnings fell to $119.8 million from $135.6 million a year ago. But despite a...

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Pat Foye to head Port Authority

Confirming reports LIBN received earlier this month, former Nassau Chief Deputy County Executive Pat Foye has been chosen by Gov. Andrew Cuomo to take over as executive director of the Port Authority...

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Lawsky to speak at LIA event

Benjamin Lawsky has only been in his new job as head of the state’s new Department of Financial Services for a week and a half, but that didn’t stop the Long Island Association from snatching him up as...

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Lesko, Bishop creating business retention group

Last week’s announcement of Arrow Electronics moving its headquarters off Long Island has sent ripples throughout the region’s business community. Many, especially those in government and economic...

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State Bank of Long Island 3Q earnings surge

Boosted by millions of dollars in repaid loans that the bank had written off as losses, State Bancorp, the parent company of State Bank of Long Island, reported net income more than doubled to $7.1...

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Community National Bank expands into NYC

Great Neck-based Community National Bank on Wednesday reported third-quarter net income rose to $611,000 from $404,000 a year ago as the firm took steps to expand into New York City. The firm said net...

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