James T. Madore
@jamestmadore
Business Reporter @Newsday. I report on the NY-area economy and government/biz issues. [email protected], 631-843-2473 or muckrack.com/james-madore
ID: 487738026
http://www.newsday.com 09-02-2012 17:50:23
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LI's Cox & Company negotiating sale, promises no layoffs An attorney for the biz said it would maintain its Long Island operations and 200-person workforce despite the impending sale to Hutchinson Corp., a subsidiary of France-based TotalEnergies. newsday.com/business/cox-h…
LI to vie for millions in state aid for job-growth projects A new statewide competition offers three grants of up to $50 million to support one big initiative, officials said. Empire State Development Long Island REDC Governor Kathy Hochul newsday.com/state-regional…
Trump’s “big, beautiful” bill would mean big, nasty tax hikes for WashU and other wealthy universities. See comments in today’s The Wall Street Journal from Andrew D. Martin…
LI sees decline in foreign tourism in response to U.S. tariffs on imported goods, Donald J. Trump’s comments about taking over Canada & Greenland MFA 🇬🇱 and slow economic growth elsewhere. Discover Long Island NYC Tourism + Conventions newsday.com/business/canad…
LI electronics maker seeks more tax aid from Suffolk IDA amid expansion plans Orbic Electronics Manufacturing LLC hopes to open a 135,000-square-foot factory in Hauppauge early next year. newsday.com/business/orbic…
'American nightmare': Latinos in the Hamptons allege investor defrauded them out of homes The allegations span lawsuits filed over the past 10 years. Now, New York AG Letitia James's office is investigating. (By Jonathan LaMantia & Belisa Morillo) newsday.com/business/hampt…
CEO pledges 500+ jobs in Long Island factory expansion Electronics manufacturer Orbic was awarded $5.4 million in tax breaks over 20 years by the Suffolk IDA for a $107 million project. newsday.com/business/orbic…
$1.8M LI expansion planned by medical, defense manufacturers Two firms making MRI and Navy gear will move into the same factory in Hauppauge — with help from Suffolk IDA. Eight people to be added to workforce of 79. newsday.com/business/addis…
Tech company plans $21M expansion in Hauppauge, to add 25 jobs to its workforce of 239 Mason Technologies Inc. supplies low-voltage cable used in audio visual systems, data centers and security systems. Wins tax breaks from Suffolk IDA. newsday.com/business/mason…
Bruce Blakeman: Shifting to 'Plan B' with Coliseum casino now 'very unlikely' The county executive said partner Sands will still pursue a sports-entertainment-hospitality project at the site. (By Yancey Roy) newsday.com/long-island/po…
This is a great piece of journalism from Marie French: politico.com/news/2025/06/0…
Commack firm repays $119G in tax breaks to Suffolk IDA over failed job pledge Radienz Living LLC once had five factories on Long Island with 1,000 employees. It now has one with about 250. newsday.com/business/suffo…
BREAKING: Consumer prices on Long Island, in metro area rose at their slowest rate in more than a year in May, report from BLS-Labor Statistics says - Newsday newsday.com/business/cpi-n…
.Empire State Development wants back $4.1M in COVID grants to bizs, arts groups More than 100 businesses and arts groups — including 17 on Long Island — received COVID relief grants they weren't eligible for, according to a audit by Tom DiNapoli newsday.com/business/new-y…
Minnesota politician shootings raise concerns in NYS, on LI As stunned officials decried the violence, Assembly Speaker Carl Heastie said more security measures are underway in Albany. (By Michael Gormley) newsday.com/long-island/po…
State adds $440M to loan program, 6,000 businesses could get help The recently adopted 2025-26 state budget nearly doubles the funding for the Low Interest Capital program, from $560 million to $1 billion. Empire State Development Governor Kathy Hochul newsday.com/small-business…
LI couple sues financial adviser AG Morgan Financial Advisors with troubled past over $202G in lost retirement savings A Wantagh couple alleges a Massapequa financial adviser pushed them into high-risk funds — one of many complaints he faces. newsday.com/business/long-…
$250M in IDA tax breaks generated nearly 46,000 Long Island jobs, state finds. The data comes from the Tom DiNapoli’s recent statewide review of New York industrial development agencies. Nassau County IDA Suffolk IDA newsday.com/ida-tax-breaks…
Packaging company seeks tax breaks from Suffolk IDA for second factory The family-owned company has 68 employees and expects to hire 10 more within two years. newsday.com/josh-packaging…