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LI Business News articles

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Recent articles from LI Business News

Government whistle blowing pays off.
July 7, 2009... Byline: Claude Solnik Want to make millions? You may want to buy a whistle. As billions in government money flow to hospitals, defense contractors and others, the federal and New York state government are increasing incentives and protections for whistleblowers to come forward...

Courtroom illustrations more fiction than fact.
July 7, 2009... Byline: Claude Solnik When Bernard Madoff was sentenced to 150 years in prison on June 29, the eyes of the world focused on the hearing, but since federal courts ban photography, no cameras were allowed in the courtroom. Instead, a gaggle of courtroom artists filled the jury box, creating...

Melville-based OSI Pharmaceuticals moving to Westchester.
July 7, 2009... Byline: David Reich-Hale In what could only be considered a blow to Long Island's biotech industry, Melville-based OSI Pharmaceuticals has agreed to relocate its headquarters, and high-paying research jobs to Westchester County. Long Island Business News first reported on June 8 that...

New regulations in New York seek to limit debt collection.
July 7, 2009... Byline: Michael H. Samuels Debt collectors could be dealing with stricter regulations on their ability to collect money if bills proposed by the governor and New York state Assembly ever get passed by the state Senate. Before the state Senate went into a terminal impasse, the state...

Commentary: Reform IDAs.
July 7, 2009... Byline: Mike Fishman In the debate over reforming industrial development agencies, most people agree the Legislature should let nonprofits access much-needed capital and get on with their business. But with IDAs ready to channel almost $2 billion in federal stimulus dollars to profitable...

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