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Governor Cuomo Announces Major Milestone Reached By NY Green Bank With $2.7 Million In Profits

In Business, Education, Emerging Technology, Energy, Finance, Gaming, Government, Healthcare, Science & Nature by LongIsland.comLeave a Comment

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Clean Energy Initiatives Reduce Greenhouse Gas Emissions – Equivalent of Removing 50,000-70,000 Cars from New York Roads for 20 Years. Albany, NY - June 23, 2017 - Governor Andrew M. Cuomo today announced that during fiscal year 2016-2017, NY Green Bank generated $2.7 million in positive net income as a result of $291.6 million in investments in clean energy transactions across New York. Achieved one year ahead of schedule, this positive net income surpassed expectations and NY Green Bank’s overall portfolio is expected to reduce between 4.3 and 6.4 million metric tons of greenhouse gas emissions, which is the equivalent of taking between 50,000 and 7... Read More
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Netflix’s New Gawker vs. Hulk Hogan Doc Has Us All Conflicted

In Business, Events, Finance, Gaming, Government, Legal by Wired NewsLeave a Comment

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Shortly before Donald Trump was elected president, Hulk Hogan and Gawker Media ended their months-long legal battle over the wrestler's sex tape. The case may seem like a media law footnote, but as director Brian Knappenberger argues in his documentary, the fight over Gawker's decision to publish the footage irrevocably shifted the media landscape. In Nobody Speak, which premieres today on Netflix, Knappenberger draws parallels between Silicon Valley mogul ... Read More
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The surprising logic behind the use of check cashers and payday loans

In Business, Finance, Gaming, Government, Video by PBS NewsHourLeave a Comment

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Often seen as predatory, the check cashing industry has been booming. Lisa Servon wondered why lower-income people who were struggling would cash checks instead of getting a bank account, so she took a job as a cashier to find out. What she learned -- that it’s often cheaper -- is the subject of her new book, "The Unbanking of America." Economics correspondent Paul Solman reports.... Read More
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Yale and Oxford researchers find 50% chance AI will outperform humans by 2062

In Business, Education, Emerging Technology, Finance, Government, Healthcare, Science & Nature by Venture BeatLeave a Comment

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Experts from Yale and Oxford University recently released their research on how AI will transform modern life by reshaping transportation, finance, health, science, and the military. Key findings pointed toward a 50 percent chance that AI will outperform humans in every job in 45 years’ time. How can we anticipate and manage trends in AI, and will creative and analytical skills really be the key to job success in an AI world? Recounting a personal scenario, my boys had a “future day” at school. One dressed up as a chief... Read More
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How strong is the U.S. banking system?

In Business, Finance, Video by Fox Business NewsLeave a Comment

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Rafferty Capital Markets equity research analyst Dick Bove, The Wall Street Journal chief economics correspondent Jon Hilsenrath, and Manhattan Institute senior fellow Diana Furchtgott-Roth, weigh in on the current state of the U.S. banking system.... Read More
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Dealertrack Opens New Long Island Headquarters

In Business, Finance, Government, Healthcare, Science & Nature by LongIsland.comLeave a Comment

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The 230,000-square-foot facility will be home to nearly 600 team members with capacity to continue growing. Lake Success, NY - June 22, 2017 - Dealertrack, one of Long Island's largest companies, will soon open its new headquarters in the Village of North Hills. The 230,000-square-foot facility will be home to nearly 600 team members with capacity to continue growing. Team members will begin occupying the building in early July, located at 3400 New Hyde Park Road. The company is committed to remaining in Long Island with a 17-year lease. ... Read More
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Robot manufacturer unveils international growth plan

In Business, Emerging Technology, Energy, Finance, Government by Innovate LILeave a Comment

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By GREGORY ZELLER // Two key hires will help a leading Long Island robotics manufacturer double down on its commitment to international energy-market innovation. Hauppauge-based ULC Robotics Inc., an energy services and energy research-and-development firm serving global utilities, has recruited two energy-industry veterans – one in the United States, one in the UK – with expertise in innovative technologies and processes. Thomas Barracca – whose extensive résumé includes stints with PSEG-LI, National Grid and the now-defunct Long Island Lighting Co. – has been tapped as business-development manager for ULC Robotics’ Aer... Read More
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Dealertrack Cuts the Ribbon on New Headquarters

In Business, Finance, Healthcare, Science & Nature by Dealer Track HoldingsLeave a Comment

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In a word: Amazing. Awe-inspiring amazement, in fact, from the confident way our new home stands above New Hyde Park Road to how it symbolizes the strength of the brand and our principles of innovation and community.Confidence. Innovation. Community. That's Dealertrack, and amazing is about the only word that describes our new HQ. After years of dogged determination and a relentless focus on fulfilling the dream of this building, Wednesday’s ribbon-cutting ceremony bookmarked a new chapter with the ceremonial snip of a ribbon and the official opening of the building. And once open, boy - did it ever live up to expectations. From the open-air design to the fully-equipped gym, yoga room, basketball court and auditorium, the 233... Read More
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CA shares surge, settle on takeover rumor

In Emerging Technology, Finance by Long Island Business NewsLeave a Comment

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Shares of CA Technologies shot up yesterday to a new 52-week high amid rumors of a deal that would take the company private. CA shares closed at $31.58 on June 20 only to open at $36.54 on June 21, rising to a new 52-week high of $36.54 and closing at $35.80 after a Bloomberg article sent shares skyward. Shares opened at $35.80 on June 22, settling at around $35 after slipping to a low of $34.97 for the day amid continuing speculation of a takeover. Bloomberg reported that sources indicated BMC Software and CA Technologies were in talks to combine – and go private. Sources told Bloomberg that the firms had approached banks regarding the possibility of issuing debt to finance BMC’s acquisition of CA. ... Read More
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Hain Celestrial names new CFO

In Business, Emerging Technology, Finance by Long Island Business NewsLeave a Comment

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The Hain Celestial Group announced it had named a new CFO after concluding an internal accounting review that determined previously issued financial statements were “fairly stated in all material respects,” but reported significant drops in earnings. CEO Irwin Simon said the Lake Success-based firm’s financial results “reflect no material changes to any prior reported periods” and that the firm has “implemented greater and more effective internal controls and enhanced oversight for our financial reporting and business units.” Hain reported $2.1 billion sales for the first nine months of fiscal year 2017, which the firm described as “relatively flat on” compared to the prior year. Net income for the ... Read More
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LG Display’s latest screen is huge, transparent, and flexible

In Business, Finance, Government by Gadget SnowLeave a Comment

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Reliance Industries may declare Jio results separately from Q2 'Going digital can help finance companies earn $3.5 billion extra' Manoj Sinha meets top telcos, says IMG to submit its report soon Reliance Jio pips Huawei to become largest data card vendor in second half: CMR Julia Computing raises $4.6 million in funding Government seeks investment and job creation details from Apple... Read More
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ftcash plans to hire 500 new employees in next 18 months

In Business, Finance, Start Up by Gadget SnowLeave a Comment

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NEW DELHI: Financial technology firm ftcash today announced its plans to hire around 500 people across verticals in the next 18 months."ftcash...plans to hire around 500 new team members over the next 18 months," the company said in a statement.Software engineers for its tech team will comprise 15% of the new recruits, while others will be hired across verticals such as marketing, sales, finance, and operations, it added."Wi... Read More
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Senate health care bill is much better than ObamaCare: Sen. Tim Scott

In Finance, Healthcare, Video by Fox Business NewsLeave a Comment

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Published on Jun 22, 2017Senate Finance Committee Member Sen. Tim Scott (R-S.C.) weighs in on Sen. Rand Paul’s criticism of the GOP health care bill and the South Carolina House race. Category License Standard YouTube License ... Read More
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Kids with smartphones and computers spend up to five hours a day using devices

In Finance, Mobile Technology by Gadget SnowLeave a Comment

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Pinterest updates ‘Lens' feature 'Sega Forever' debuts free console classics on Android, iOS IOC, Intel in VR tie-up Indian IT industry's growth to fall in 2017-18: Nasscom Karbonn launches Aura Note 2 smartphone at Rs 6,490 Not easy to find 'right' talent: IBM LG Display's latest screen is huge, transparent, and flexible... Read More
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Pinterest updates ‘Lens’ feature

In Finance, Mobile Technology by Gadget SnowLeave a Comment

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'Sega Forever' debuts free console classics on Android, iOS IOC, Intel in VR tie-up Indian IT industry's growth to fall in 2017-18: Nasscom Karbonn launches Aura Note 2 smartphone at Rs 6,490 Not easy to find 'right' talent: IBM LG Display's latest screen is huge, transparent, and flexible Reliance Industries may declare Jio results s... Read More
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IOC, Intel in VR tie-up

In Finance by Gadget SnowLeave a Comment

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Indian IT industry's growth to fall in 2017-18: Nasscom Karbonn launches Aura Note 2 smartphone at Rs 6,490 Not easy to find 'right' talent: IBM LG Display's latest screen is huge, transparent, and flexible Reliance Industries may declare Jio results separately from Q2 'Going digital can help finance companies earn $3.5 billion extra' ... Read More
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Karbonn launches Aura Note 2 smartphone at Rs 6,490

In Business, Finance, Government by Gadget SnowLeave a Comment

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Not easy to find 'right' talent: IBM LG Display's latest screen is huge, transparent, and flexible Reliance Industries may declare Jio results separately from Q2 'Going digital can help finance companies earn $3.5 billion extra' Manoj Sinha meets top telcos, says IMG to submit its report soon Reliance Jio pips Huawei to become largest data card vendor in second half: CMR ... Read More
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Not easy to find ‘right’ talent: IBM

In Business, Finance, Government by Gadget SnowLeave a Comment

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LG Display's latest screen is huge, transparent, and flexible Reliance Industries may declare Jio results separately from Q2 'Going digital can help finance companies earn $3.5 billion extra' Manoj Sinha meets top telcos, says IMG to submit its report soon Reliance Jio pips Huawei to become largest data card vendor in second half: CMR Julia Computing raises $4.6 million in funding... Read More
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Hain Celestial says accounting review reveals no changes

In Emerging Technology, Finance by Long Island Business NewsLeave a Comment

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Hain Celestial says a nearly year-long accounting review has concluded the organic food maker doesn’t need to make any major changes to its past financial reports. Shares of the company jumped nearly 6 percent to $35.05 before the stock market opened Thursday. Hain Celestial says it concluded its financial reports were “fairly stated.” It launched the investigation into possible accounting issues last August. Hain hasn’t released quarterly financial results during the review, but resumed reporting them Thursday with the release of earnings for the nine months through the end of March. The Hain Celestial Group Inc., which is based in Lake Success, N.Y., makes Celestial Seasonings tea, Terra vegetable chips and... Read More
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Nuvolo Closes $10 Million Series A Financing

In Business, Finance, Healthcare, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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Funding round to expand global sales and innovation teams and extend company’s leadership position in cloud-based enterprise asset management JERSEY CITY, N.J.–(BUSINESS WIRE)–June 22, 2017– Nuvolo, the world’s fastest growing cloud-based enterprise asset management (EAM) company, today announced $10 million in Series A funding. ... Read More
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26 VR startups debut at HTC’s Vive demo day

In Business, Finance, Gaming, Government, Healthcare, Science & Nature, Start Up by Venture BeatLeave a Comment

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HTC has bet big on virtual reality with its HTC Vive VR headset. It continues to believe in the market, and it showed off technology from 26 new companies today at its Vive X accelerator demo day in San Francisco. HTC has set up a $100 million fund to invest in VR companies, and it has made 60 investments so far across five different accelerator locations in China, the U.S., Taiwan, and Israel. Here’s the enterprise VR companies: ... Read More
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8 ways to make sure your banking bot actually works

In Business, Finance, Science & Nature by Venture BeatLeave a Comment

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It’s become something of a cliché to say that chatbots are the new apps, but the notion is no longer fanciful. Last March, Microsoft released its Bot Framework, and the following month Facebook announced its support for bots in Facebook Messenger. We know there are more than 34,000 chatbots running on Facebook Messenger, with companies as diverse as FedEx, Capital One, and Taco Bell lining up to use voice-activated interfac... Read More
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Why ‘every person on the planet’ will need a digital ID

In Business, Finance, Government, Healthcare, Start Up by Venture BeatLeave a Comment

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Living in the United States, in a land of (generally) functional government services, we take an awful lot for granted. We expect to be able to board a plane, provide a copy of a driver’s license or employee ID to get into a building, and pay with a credit card. All day, every day, we expect people to trust that we are who we say we are. That’s a privilege we shouldn’t take for granted. Because for over 1 billion people, what I just described isn’t a day to day reality. Unlike us, they never had a birth certificate, which means they often couldn’t access basic healthcare or enroll in public education. And unlike us, they were simply unable to get a line of credit or claim their government benefits. These people ... Read More
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After CEO Resignation, Is Uber Kalanick-less Or Kalanick-free?

In Business, Education, Finance, Gaming, Government, Legal by National Public RadioLeave a Comment

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Enlarge this image Uber co-founder Travis Kalanick, pictured here at a Vanity Fair summit in October 2016, resigned abruptly this week as the company's CEO after weeks of scandals about workplace culture. Mike Windle/Getty Images for Vanity Fair hide caption toggle capti... Read More
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Dealertrack cuts ribbon on new North Hills headquarters

In Business, Emerging Technology, Finance, Healthcare, Science & Nature by Long Island Business NewsLeave a Comment

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Elected officials joined executives of Dealertrack and other Long Island business leaders to cut the ribbon Wednesday on the company’s new 232,000-square-foot office building in North Hills. The $120 million project is the largest new single-tenanted office complex built here in the last decade and boasts amenities aimed at attracting a talented workforce, including a basketball and volleyball court, game room and fully equipped gym. Built on a 9-acre site on New Hyde Park Road, the Dealertrack headquarters project is a partnership between Tritec Development and Castagna Realty. Dealertrack, which provides data access and inventory management software for automotive dealers, had kicked the tires of sites in five st... Read More
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New Measures of Aging May Show 70 is the New 60

In Business, Education, Finance, Government, Healthcare, Science & Nature by Stonybrook UniversityLeave a Comment

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New Measures of Aging May Show 70 is the New 60Stony Brook-led study predicts an end to population aging in USA, Germany and China before end of the 21st Century Warren Sanderson, PhD, Professor of Economics STONY BROOK, N.Y., June 21, 2017 – Is 70 the new 60? A new Stony Brook University-led study  published in PLOS ONE... Read More
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MIT accelerator Play Labs announces class of 13 AR/VR startups

In Business, Emerging Technology, Finance, Gaming, Government, Science & Nature, Start Up by Venture BeatLeave a Comment

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Play Labs, a summer accelerator at the Massachusetts Institute of Technology (MIT) announced its first batch of 13 startups that are developing augmented reality and virtual reality technology. The focus of the startups will be to develop “playful tech” in a variety of industries. The initial companies are focused on AR and VR, as well as online gaming and esports. The summer class will run from June to August, with a demo day on August 15. The Demo Day will be open to investors, members of the MIT community, and the general public. In addition to the physical event, Play Labs Demo Day will be streamed live on the... Read More
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FloQast Raises $25 Million to Accelerate Company Growth and Expand Adoption of Its Close Management Software

In Business, Finance, Government, Healthcare by Venture BeatLeave a Comment

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Accounting Software Provider Growing 40% Quarter over Quarter LOS ANGELES–(BUSINESS WIRE)–June 21, 2017– FloQast, Inc., a provider of close management software created by accountants for accountants to close the books faster and more accurately, announced today completion of a $25 million Series B round of financing. The funds will be used to accelerate product innovation, expand into overseas markets and scaling of the Company’s go-to-market cap... Read More
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Tax reform hopes no longer the key market driver?

In Finance, Government, Video by Fox Business NewsLeave a Comment

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Published on Jun 21, 2017Federated Investors Chief Equity Strategist Phil Orlando on the potential impact of the Republican agenda and Federal Reserve policy on the markets. Category License Standard YouTube License ... Read More
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Inside Microsoft’s Artificial Intelligence Comeback

In Business, Education, Finance, Government, Mobile Technology, Science & Nature, Security, Start Up by Wired NewsLeave a Comment

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Yoshua Bengio has never been one to take sides. As one of the three intellects who shaped the deep learning that now dominates artificial intelligence, he has been catapulted to stardom. It’s a field so new the people who can advance it fit into one room together, and everyone—from tech startups to multinational conglomerates and the department of defense—wants a share of their minds. But while his peer scientists Yann LeCun and Geoffrey Hinton have signed on to Facebook and Google, respectively, Bengio, 53, has chosen to continue working from his small third-floor office on the hilltop campus of the University of Montreal. “I want to remain a neutral agent,” he says as he sips rust-colored licor... Read More
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Many struggle over China’s extended fishing ban

In Business, Finance, Government, Video by Al Jazeera EnglishLeave a Comment

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Many struggle over China’s extended fishing banBeijing’s annual fishing ban on all Chinese waters has been extended in a bid to revive depleting fish stocks. But one month into the three-and-a-half month ban, Hong Kong fishermen are struggling with the longer blockade and are asking for government help. More than half of all fishing vessels in the world operate in the South China Sea. But some experts say the ban is not enough to revive fish stocks.Al Jazeera’s Divya Gopalan reports from Hong Kong.- Subscribe to our channel: http://aje.io/AJSubscribe... Read More
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Like most of us, Amazon spent too much on Whole Foods

In Business, Finance, Gaming, Government by Venture BeatLeave a Comment

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We are entering an era of seismic change — retailers have started to right-size their physical assets (whether those are stores, transportation assets, or other physical capital investments) enabled by the move to cloud computing and the ability to intelligently connect stores, devices, warehouses, and transportation. Amazon, however, has been moving in the exact opposite direction, albeit cautiously at first: investing in physical distribution and infrastructure, including brick-and-mortar experiments like its consumer electronics pop-ups, baker’s dozen bookstores, and ... Read More
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The Best Canopy Tent for Camping and Picnics

In Business, Events, Finance, Government, Legal, Science & Nature, Security by Wire CutterLeave a Comment

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The REI Co-op Screen House Shelter is easy to set up and pleasant to use, providing good protection from bugs, sun, and gentle rain showers. A high ceiling and light-colored materials make the tent feel brighter and more airy than other camping shelters with a similar footprint. Runner-up L.L.Bean Woodlands Screen House A lower roof makes this shelter feel notably smaller than our top pick, but it’s also durably made and ready to pair wi... Read More
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Shopping center operator goes green

In Business, Emerging Technology, Energy, Finance, Government by Long Island Business NewsLeave a Comment

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New Hyde Park-based shopping center operator Kimco Realty in a 34-page 2016 corporate responsibility report described how it’s going green by increasing solar energy and reducing energy use. The firm said it was named to the Dow Jones Sustainability North America Index and Newsweek’s Top Green Companies in the U.S. in part as it taps solar energy at shopping centers. Kimco said it reduced energy by 18 percent at existing sites since 2011 by investing in property improvements “delivering significant operational savings.” Through its Property Gateway System, Kimco remotely controls lighting and other building systems, reducing unneeded energy use. The firm, which is also replacing older light fixtures, ... Read More
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PayPal adds instant bank transfers — and not a minute too soon

In Business, Finance, Government, Start Up by Venture BeatLeave a Comment

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PayPal is rolling out a feature that allows users to transfer money instantly to their banks accounts. For now the feature is limited to users who have supported Visa and Mastercard debit cards linked to their PayPal accounts. The feature is aimed at eliminating a point of friction that PayPal needs to address as rivals encroach on the turf that PayPal claimed leadership of when it bought P2P payments pioneer Venmo. PayPal also faces a formidable competitor in Apple Pay, now that... Read More
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Number of Items Identified: 10
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The Race to Solar-Power Africa

In Business, Education, Emerging Technology, Energy, Finance, Government, Healthcare, Legal, Mobile Technology, Science & Nature, Security, Start Up by New YorkerLeave a Comment

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The cacao-farming community of Daban, in Ghana, is seven degrees north of the equator, and it’s always hot. In May, I met with several elders there to talk about the electricity that had come to the town a few months earlier, when an American startup installed a solar microgrid nearby. Daban could now safely store the vaccine for yellow fever; residents could charge their cell phones at home rather than walking to a bigger town to do it. As we talked, one of the old men handed me a small plastic bag of water, the kind street venders sell across West Africa—you just bite off a corner and drink. The water was ice-cold and refreshing, but it took me an embarrassingly long moment to unders... Read More
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China’s Mistress-Dispellers

In Business, Education, Events, Finance, Government, Healthcare, Legal, Security, Start Up by New YorkerLeave a Comment

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Yu Ruojian was pleased to learn that his target ran a sex shop. Someone who worked in retail would be used to talking to strangers, and it would be easy, posing as a customer in such an intimate store, to bring the conversation around to personal matters. In March last year, he visited the store, in Wuxi, a city about seventy miles from Shanghai, where he lives. He told the proprietor, a gregarious woman in her forties whom I’ll call Wang, that he was looking for herbal remedies to help a friend whose marital relations were hampered by shyness. They chatted for half an hour before exchanging contact details. “I’ll be back to pester you soon enough,” Yu said as he left. “You’d b... Read More
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Number of Items Identified: 8
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8steel blue color0.736

US current account deficit expands to $116.8 billion

In Business, Emerging Technology, Events, Finance, Government by Long Island Business NewsLeave a Comment

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The U.S. deficit in the broadest measure of trade rose to the highest level in a year during the first quarter. The Commerce Department said Tuesday the deficit in the U.S. current account rose to $116.8 billion in the January-March period, up 2.4 percent from $114 billion in the last three months of 2016. The deficit was the largest since a $119.2 billion gap a year earlier. The deficit in goods rose to $200.3 billion from $195.1 billion in October-December 2016 as imports grew faster than exports in the first quarter. Leading the increase in imports were industrial supplies, mostly crude oil. The goods gap was partly offset by a slightly higher surplus in trade in services. The current account is the most complete ... Read More
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Trump May Have A Lot Of Money, But Documents Show He Owes A Lot, Too

In Business, Education, Finance, Gaming, Government by National Public RadioLeave a Comment

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Enlarge this image Back when commercial lenders were eager to do business with him, Donald Trump briefly operated an airline. In this 1989 picture, Trump attended a ribbon-cutting for the venture at Boston's Logan Airport. Elise Amendola/AP hide caption... Read More
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If you’re just tuning in to blockchain, here’s a quick catch-up

In Business, Finance, Government, Healthcare, Legal, Start Up by Venture BeatLeave a Comment

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Interest in blockchain technology — and its associated blockbuster fundraises — has really started to take off over the past month or so after a couple of years picking up speed. The first blockchain, the one that powers Bitcoin (now eight years old), primarily just caught the eye of digital currency enthusiasts. But later blockchains, most notably Ethereum, have targeted applications far beyond the finance space. Blockchain-based apps now exist to ... Read More
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Grand Theft Auto Online gives Take-Two breathing room as it awaits Red Dead Redemption 2

In Business, Events, Finance, Gaming, Government, Science & Nature by Venture BeatLeave a Comment

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Take-Two Interactive’s stock price took a short dip in May after its Rockstar Games label delayed its much-awaited Western video game Red Dead Redemption 2 until the spring of 2018. But it bounced back as the company reassured investors that it could still have a pretty good year. That’s because revenues are still pouring in from Grand Theft Auto Online, which was launched in 2013. And Grand Theft Auto V also launched that year and continues to sell as well, with more than 80 million units sold to date. On top of that, the company will make money from expansion packs launched for Mafia III and XCOM 2 this year.... Read More
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Buying a house vs. retirement savings

In Business, Finance, Mobile Technology, Video by CBS NewsLeave a Comment

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Many people wonder what's more important to prioritize in personal finance: saving to buy a house or saving for retirement? Yahoo Finance's Jeanie Ahn joins CBSN with helpful tips for smarter saving.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: http://bit.ly/1PO0dkxLike "CBSN" on Fac... Read More
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Home cooking for RXR

In Business, Emerging Technology, Finance, Government, Legal by Long Island Business NewsLeave a Comment

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RXR Realty is bullish on Long Island. Though the home-grown real estate giant has recently sold off a few of its more marginal suburban office holdings, the company just made a huge investment in its core Long Island office assets and has multiple redevelopment irons in the fire here. In a move that reflects the confidence it has in Long Island real estate, RXR just refinanced its portfolio of office buildings in Uniondale and Melville. The 10-year refinancing arranged through Goldman Sachs and Barclays Bank and substantial new investment from Uniondale-based RXR was used to buy out its former portfolio partner TIAA Cref. The pension system giant’s ownership in ... Read More
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Number of Items Identified: 4
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Qatar economy minister: Challenges create opportunities – Counting the Cost (lead)

In Business, Events, Finance, Government, Video by Al Jazeera EnglishLeave a Comment

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On June 5, several countries, including Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic ties and cut off sea and air links with Qatar, accusing it of supporting "extremism" and their regional rival, Iran.Qatar may have been isolated economically by its Gulf neighbours, but its financial markets have stabilised after an initial week of losses.The government says it has the resources to cope with the regional sanctions. And Qatar's finance minister is warning that if Qatar loses money, the countries behind the embargo will lose money, too.Credit rating agency Standard and Poor's says Qatari banks are strong enough to hold on, even if all the Gulf money - and mo... Read More
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How chatbots are killing jobs (and creating new ones)

In Business, Emerging Technology, Finance, Government, Healthcare, Legal, Science & Nature by Venture BeatLeave a Comment

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During the industrial revolution, there was an underlying fear about machines taking jobs away from humans. Today, with the emergence of new technologies such as artificial intelligence (AI) and chatbots, the fear seemed to have increased with people being more afraid that their jobs will soon become obsolete. Sectors such as finance, health, retail, law and more are all slowly adopting AI and chatbots into their everyday jobs. It is thus understandable that employees are starting to wonder whether chatbots will take over their employment, especially in the fields of telemarketing, retai... Read More
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Why banks need to start offering cryptocurrency wallets

In Business, Finance, Government, Security by Venture BeatLeave a Comment

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With the recent surge in value of cryptocurrencies, ordinary people and traditional investment firms are paying more attention to the space. The market cap of cryptocurrencies has grown from less than $30 billion in March 2017 to over $110 billion in June 2017, and this is just the beginning. Cryptocurrencies are quickly becoming a new global market for assets, similar to stocks, bonds, mutual funds, and government backed-currencies. But the immediate settlement of currency transfer on blockchains (such as Bitcoin and Etherium) is a double-edged sword. On the one hand, it’s incredibly efficient at money movement; on the other, it allows bad players to transfer your cryotcurrency with the same speed. And if the wrong person gets ... Read More
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Silicon Valley is blowing its chance to connect with Middle America

In Business, Finance, Government, Legal, Start Up by Venture BeatLeave a Comment

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I’ve lived in Silicon Valley for the last 20 years, and recent political and economic events have had me thinking about how Silicon Valley relates to the rest of the country — or rather how it doesn’t. With CEOs boldly proclaiming their primary goal is to beat a rival CEO to $10 billion in revenue, leading innovators talking about sending tourists to the moon, and Uber’s “win at all costs” mentality miring them in ... Read More
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Why blockchains fail and decentralization succeeds

In Business, Energy, Events, Finance, Gaming, Government, Start Up by Venture BeatLeave a Comment

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With all of the excitement around blockchain technology, it’s easy to think what we have now is the foundation for the next wave. Yet, it’s worth remembering we are still in the early stages. The blockchains we have today probably won’t be the blockchains of tomorrow. I am still bullish on Bitcoin (for reasons that go beyond this post), and Ethereum looks promising. It also has a lot of technical questions that surround it. As Muneeb Ali of Blockstack said, “At scale, Ethereum is designed to fail.” I am certain he didn’t mean, “it will intentionally fail.” However, if you think... Read More
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Here’s how we start to stabilize Bitcoin, Ethereum

In Business, Finance, Gaming, Government, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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News of Bitcoin and Ethereum is everywhere these days. The two cryptocurrencies have had returns over the past year that make a big-time hedge fund manager look like he’s running a lemonade stand in front of his parents house. Since last year, Bitcoin is up (at the time of this writing) 390.55 percent and Ethereum’s currency, Ether, is up a mind-blowing 1,896.13 percent. New money is pouring into the cryptocurrency space, with one investment fund announcing a raise of $400 million dollars. Though talk of the inevitable Tulip m... Read More
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Amazon is buying Whole Foods

In Business, Finance, Government, Mobile Technology, Video by CBS NewsLeave a Comment

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Amazon announced it is buying Whole Foods for $13.7 billion. Hilary Kramer of GameChanger Stocks joins CBSN with more on what this means for the retail space.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: http://bit.ly/1PO0dkxLike "CBSN" on Facebook HERE: ... Read More
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Germany, Austria warn US against imposing new sanctions on Russia

In Business, Energy, Finance, Government, Video by RTLeave a Comment

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Plans for new US sanctions to be levied against Russia have been met with anger in Germany, as officials say they are intended to hinder a joint Moscow-Europe gas pipeline.RT LIVE http://rt.com/on-airSubscribe to RT! http://www.youtube.com/subscription_c...Like us on Facebook http://www.facebook.com/RTnewsFollow us on Twitter ... Read More
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Bancor’s blockbuster ICO and the risk of blockchain investing

In Business, Finance, Government, Start Up by Venture BeatLeave a Comment

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Blockchain startup Bancor closed a $150 million ICO raise this week — a landmark event, both in the speed and the magnitude of the raise. What is Bancor doing that got investors so excited? It’s trying to hit the blockchain domain at its very heart with the promise that it can enable smart tokens to serve as legitimate currency. Cryptocurrencies, or smart tokens, are new forms of digital currency (akin to bitcoin), that aim to serve as cash equivalents for various online services. Bancor wants to enable these tokens, based on their protocol, to be wi... Read More
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Counting the cost of the Qatar-Gulf crisis- Counting the Cost

In Business, Energy, Events, Finance, Government, Video by Al Jazeera EnglishLeave a Comment

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On June 5, several countries, including Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed diplomatic ties and cut off sea and air links with Qatar, accusing it of supporting "extremism" and their regional rival, Iran.Qatar may have been isolated economically by its Gulf neighbours, but its financial markets have stabilised after an initial week of losses.The government says it has the resources to cope with the regional sanctions. And Qatar's finance minister is warning that if Qatar loses money, the countries behind the embargo will lose money, too.Credit rating agency Standard and Poor's says Qatari banks are strong enough to hold on, even if all the Gulf money - and mo... Read More
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After The Amazon Deal: What Will Shopping At Whole Foods Feel Like?

In Business, Finance, Government by National Public RadioLeave a Comment

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Enlarge this image Analysts say that the experience of shopping at Whole Foods might change in the near future now that the retailer is being bought by Amazon. Stephen Hilger/Bloomberg/Getty Images hide caption toggle caption Ste... Read More
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Keiser Report: Generational Gap (E1085)

In Business, Finance, Government, Video by RTLeave a Comment

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Check Keiser Report website for more: http://www.maxkeiser.com/In this episode of the Keiser Report, Max and Stacy discuss the generational gap striking again: this time in the UK and what this gap means for politics and economics going forward. In the second half, Max interviews journalist and businessman, Vito Echevarria of Cuba Ventures Corp, about the latest in the US-Cuba relationship and how much of Obama’s progress is likely or not to be rolled... Read More
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Tech jobs needed: How to bridge ‘skills’ and ‘opportunity’ gaps in the heartland

In Business, Education, Emerging Technology, Finance, Government, Healthcare, Science & Nature, Start Up by Venture BeatLeave a Comment

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Worrying about a dystopian future of massive unemployment ushered in by automation seems like the latest parlor game for Silicon Valley. Meanwhile, small cities across America are already struggling to provide residents access to good-paying jobs, with municipalities often confronting — simultaneously — both a ‘skills gap’ and an ‘opportunity gap’. And this is especially true for tech jobs. Tech companies that are considering expansion to ... Read More
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Amazon, Walmart rivalry heats up with latest acquistions

In Business, Finance, Government, Mobile Technology, Video by CBS NewsLeave a Comment

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Rivals Amazon and Walmart are stepping up the competition as the e-commerce giant buys Whole Foods and the world's largest store buys online clothing company Bonobos. Yahoo finance reporter Myles Udland joins CBSN to discuss.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: http://bit.ly/1PO0dkx... Read More
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Should investors jump into the tech sector?

In Finance, Government, Science & Nature, Video by Fox Business NewsLeave a Comment

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Published on Jun 16, 2017Bank of America Global Wealth and Investment CIO Chris Hyzy on M&A activity, investing in this market environment and Federal Reserve policy. Category License Standard YouTube License ... Read More
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What the Whole Foods acquisition will do for Amazon

In Business, Finance, Government, Healthcare, Start Up by Venture BeatLeave a Comment

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A recent whirlwind of rumors have said Amazon could be launching all kinds of new business lines, including cars and pharmaceuticals and that it’s interested in acquiring corporate messaging platform Slack. But the news today that Amazon is buying Whole Foods is the biggest surp... Read More
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Maragos: Superstorm Sandy Firm Underpaid Employees $17K and Failed to Meet Professional Requirement

In Education, Finance, Government, Healthcare, Legal by Nassau County GovernmentLeave a Comment

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Mineola, NY - Comptroller George Maragos released an audit of Superstorm Sandy debris removal monitoring work performed by Gibbons, Esposito and Boyce, P.C. (“GEB”) under a $385,478 County contract, which found that the vendor may have provided less than professional services and underpaid all of its Field Monitors a total of over $17,000. The majority of the Field Monitors were paid $13.00, when the Law requires at least $15.21 - $15.50 an hour, during the two-year audit period. The auditors were given only two of the eight Field Monitor personnel files to verify that training and qualifications met the minimum contract requirements. The two personnel files provided were college students. The audit covered the period of March 2014 t... Read More
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Subway Sandwich Shop Owner Arrested for Failing to Pay more than $110,000 in Sales Tax

In Business, Finance, Government, Legal by Nassau County GovernmentLeave a Comment

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MINEOLA, N.Y. – Nassau County District Attorney Madeline Singas announced that a Deer Park man has been arrested on tax charges for allegedly failing to pay over $110,000 in sales tax for his Plainview-based Subway shop. Amit Joshi, 50, was arraigned yesterday before District Court Judge Paul Meli on charges of: Grand Larceny in the 2nd Degree (a C Felony) Four counts of Criminal Tax Fraud in the 3rd Degree (a D Felony) Criminal Tax Fraud in the 4th Degree (an E Felony) Bail was set at $1,000 bond or cash and the defendant is due back in court June 20. If convicted, the defendant faces up to five to 15 years in prison. “Sales tax revenue pays ... Read More
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Today’s Amazon discount: Grocery-chain stocks

In Business, Finance, Government, Start Up by Venture BeatLeave a Comment

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Amazon’s proposed $13.7 billion purchase of Whole Foods Market caught stock market investors off guard. Their initial reaction — bidding up share prices of the two companies and selling off those of grocery chains — suggests a bleak future for an industry being reshaped by on-demand delivery. Shares of Walmart were down 4.4 percent in mid-day trading after falling as much as 7 percent. Walmart, which has been trying to compete against Amazon by leveraging its retail stores as mini-distribution centers for deliveries of grocery and other goods, was holding up pretty well compared to its peers, however. ... Read More
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Amazon-Whole Foods deal hammers grocery stocks

In Business, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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U.S. stocks are lower Friday as Amazon’s $13.4 billion deal for Whole Foods Market is sending grocery stores, big retailers, and food makers and distributors sharply lower. Amazon and Whole Foods are both climbing. Energy companies are rising as the price of oil moves higher and smaller companies are down. The Standard & Poor’s 500 index lost 7 points, or 0.3 percent, to 2,424 as of 11:15 a.m. Eastern time. The Dow Jones industrial average edged down 29 points, or 0.1 percent, to 21,330. The Nasdaq composite fell 38 points, or 0.6 percent, to 6,127. The Russell 2000 index of smaller company stocks shed 11 points, or 0.8 percent, to 1,399. Online juggernaut Amazon said it will buy organic grocery company Whole Foods for ... Read More
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Who’s earning what?

In Business, Education, Emerging Technology, Finance, Government, Healthcare, Security by Long Island Business NewsLeave a Comment

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LIBN TELLS YOU WHICH LI PUBLIC COMPANY EXECS ARE MAKING THE MOST It has been a turbulent year in terms of politics nationwide, but a good year for many Long Island public companies and their executives, with at least a few earning more than $10 million primarily through stocks. The average of the top 100 highest paid executives at Long Island-based public companies for 2016 rose to $2 million, up from about $1.9 million a year ago, despite a drop at the very top, according to research by accounting firm EisnerAmper, which prepared and helped analyze the list for Long Island Business News. The average compensation for the top 10, however, tumbled to $7.2 million from about $12.7 mill... Read More
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The DeanBeat: The memorable and the missing moments of E3 2017

In Business, Events, Finance, Gaming, Government, Start Up by Venture BeatLeave a Comment

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The Electronic Entertainment Expo (E3) can be such a corporate event, with Soviet Union-style press conferences where the press doesn’t get to ask any questions. But there were some memorable moments at E3, particularly where some of the game developers and publishers let some emotion leak into their presentations. Those were the moments we live for. At Electronic Arts’ EA Play event on Saturday, Josef Fares of Hazelight was ebullient as he announced A Way Out, a clever co-op game where one player controls a character on a split screen and the other player controls another character on the other side of ... Read More
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No. 223: Luminati grounded, Port CEO search a bust and Farmingdale has the meats

In Business, Education, Emerging Technology, Events, Finance, Government, Healthcare, Security, Start Up by Innovate LILeave a Comment

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Happy Friday: It’s National Flip-flops Day, on which we honor the rubber version of the traditional Japanese zori sandals lugged home by American GIs after World War II. The Hiroshima Rubber Co. began exporting the popsicle-colored footwear to the United States in 1950. The sandal’s name comes from the sound flip-flops make when walked in. That makes it an onomatopoeia. 101 more of them here, including several that helped make the late, great Adam West a star. (You can rumble through the list in a zip.) Changes: Starting June 19, we’ll be delivering three newsletter... Read More
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Will tech stocks get their mojo back?

In Finance, Government, Video by Fox Business NewsLeave a Comment

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Sandy Spring Bank's Rob Morgan on the Federal Reserve and the outlook for stocks.... Read More
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Intel and Microsoft join $15 million investment into CognitiveScale to give enterprises AI-powered insights from big data

In Business, Emerging Technology, Finance, Healthcare by Venture BeatLeave a Comment

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Machine intelligence software provider CognitiveScale announced a fresh $15 million in funding this week, with notable investors including Microsoft Ventures, Intel Capital, Norwest Venture Partners, USAA, and the Westly Group. Founded out of Austin, Texas, in 2013, CognitiveScale builds what it calls “augmented intelligence software” for industries including healthcare and finance. Its core products, Engage and Amplify, are designed to help large enterprises interpret big data and user behavior. It’s basically all about pulling together structured and unstructured data — be it first- or thir... Read More
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BRICS Sherpas pledge for further cooperation in run-up to summit

In Business, Finance, Government, Video by CCTV AmericaLeave a Comment

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A pledge to usher in a second "golden decade" of cooperation concluded the BRICS Sherpa Meeting in China's Shandong Province.  The gathering paves the way for the BRICS Summit in September and offers a preview of what to expect there. CGTN's Guan Yang has a wrap-up.... Read More
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Kushner family’s real estate dealings land foreign-investor visa back in the spotlight

In Business, Finance, Government, Legal, Video by PBS NewsHourLeave a Comment

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Thousands of investors apply and participate annually in the little-known EB-5 visa program, designed to stimulate the U.S. economy through job creation and capital investment by foreign investors. Economics correspondent Paul Solman reports that recently, one real estate business in particular has put it back in the spotlight: that of the family of Jared Kushner, President Trump’s son-in-law.... Read More
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A super idea, from Impish Lee’s wonder women

In Business, Education, Events, Finance, Government, Start Up by Innovate LILeave a Comment

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By GREGORY ZELLER // The dynamic duo at Impish Lee are looking to produce their own summer blockbuster, with a little help from the world’s most famous Amazonian princess (and Aunt Claudia). Noelle and Kali Ventresca, cofounders of the Sea Cliff-based customized-lingerie manufacturer, have embarked on what the Impish Lee website dubs a “Wonder Woman mission” – encouraging customers to draw inspiration from the heroine of the biggest summer movie so far, or perhaps the cleavage-baring version of the 1970s. Whichever incarnation customers gravitate toward – Lynda Carter’s long-legged pinup or Gal Gadot’s ass-kicking warrior – Diana Prince is “a powe... Read More
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The Big Brother of AI is here. Should you care?

In Business, Finance, Government, Healthcare, Legal, Start Up by Venture BeatLeave a Comment

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AI is constantly touted as the next big thing. But how many of us are aware that AI is already here? While the jury is still out on whether it will be a benevolent force or an existential threat to humankind, AI is active in many facets of our daily lives and will play a larger role in the years to come. AI is here whether we like it or not. Should you care? Let’s take a look at how companies are using AI today, and I’ll let you decide. Why do we need AI? AI is also extremely useful as a way to better analyze and parse big data. While data scientists can pool sources and decide what they want to look for, the actual grunt work is often done by a proprietary AI that sorts through exabytes of data. Credit card ... Read More
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Handling data in the run-up to GDPR

In Business, Events, Finance, Government, Security by The StackLeave a Comment

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The Stack speaks with Martin Hoskins, Associate Director of BRS at Grant Thornton, Darron Gibbard, MD of Northern Europe at Qualys, and Drew Nielsen, Chief Trust Officer at Druva, to discuss the upcoming GDPR legislation and what businesses can do to prepare… We have board support, and we have started our data audit and updating security processes around customer records. But what are we missing when it comes to preparing for GDPR? Darron: The data audit is actually one of the biggest challenges th... Read More
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Claims for US jobless benefits fall by 8,000

In Emerging Technology, Finance, Government, Healthcare by Long Island Business NewsLeave a Comment

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The number of Americans applying for unemployment benefits fell for a second straight week, further evidence of the strength of the labor market. THE NUMBERS: The Labor Department said Thursday that claims for jobless benefits last week dropped by 8,000, to a seasonally adjusted 237,000. The less-volatile four-week average rose by 1,000 to 243,000. THE TAKEAWAY: Applications for unemployment benefits are a proxy for layoffs. They’ve come in below 300,000, a historically low figure, for 119 straight weeks, the longest such stretch since 1970. Overall, 1.94 million people were collecting unemployment checks, down 10.2 percent from a year ago. KEY DRIVERS: Various indicators show the job market is healthy even though ... Read More
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New York factories rebound to highest level since 2014

In Business, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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Manufacturing in New York State rebounded this month to the highest level since 2014, another sign of strength for America’s factories. The Federal Reserve Bank of New York says its Empire State manufacturing index climbed to 19.8 after falling to minus-1 in May. Readings above zero show that factories are expanding. The new orders index rose to 18.1 after registering minus-4.4 in May. But hiring slowed: The employment index came in at 7.7, positive but down from 11.9 in May. The Empire State index only measures sentiment in New York, but economists track it because it provides an early read on factory output nationwide. It has risen seven of the last eight months. A national manufacturing index from the Institute ... Read More
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Travis Kalanick and the Last Gasp of Tech’s Alpha CEO

In Business, Events, Finance, Government, Legal, Science & Nature, Start Up by Wired NewsLeave a Comment

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When Hollywood inevitably makes a biopic about Travis Kalanick, the embattled CEO of Uber—the most valuable private company in the world—screenwriters will have a hard time toning down reality to make it sound halfway believable. In the past few months alone, details have emerged about stolen trade secrets from Google regarding self-driving cars, sneaky tracking techniques for evading authorities, and, most alarmingly, allegations of ignored sexual harassment complaints and t... Read More
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3 Reno startups thriving beyond Silicon Valley

In Business, Education, Emerging Technology, Events, Finance, Government, Legal, Science & Nature, Start Up by Venture BeatLeave a Comment

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Silicon Valley loves to talk about what makes it special: great universities nearby, a networked VC community, quality of life. But rising rents and crowded freeways have strained that, just as other emerging tech hubs are enticing not only startups but the talented workers who want to work for them. After years of drawing in educated tech workers, some areas of the Bay Area faced an emigration of workers in 2016, according to U.S. Census data. That’s not only enticing some startups to set down roots outside major tech centers like Silicon Valley and New York, but to find talent who want to put down thei... Read More
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Federal Reserve raises interest rates

In Business, Finance, Government, Video by NewsyLeave a Comment

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The Federal Reserve has raised a key interest rate, taking it another step toward pre-recession levels.Learn more about this story at www.newsy.com/69877/Find more videos like this at www.newsy.comFollow Newsy on Facebook: www.facebook.com/newsyvideosFollow Newsy on Twitter: www.twitter.com/newsyvideos... Read More
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Lawyers cite Saudi rooms, Chinese trademarks in Trump suit

In Business, Education, Emerging Technology, Finance, Government, Healthcare, Legal by Long Island Business NewsLeave a Comment

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Two attorneys generals have filed a law suit arguing that President Donald Trump is profiting illegally, as his companies receive special treatment and funds from foreign governments. The attorneys general from Maryland and the District of Columbia, both Democrats, on June 12 filed a case against President Donald Trump for violating the U.S. Constitution’s Foreign and Domestic Emoluments Clauses. These rarely, if ever, invoked lines in the Constitution state that presidents cannot accept funds and personally profit from foreign governments, something that those two states argue Donald Trump is doing. Those who say Donald Trump is using his businesses to rake in money from foreign governments cite hundreds of thousa... Read More
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Sara Hsu discusses the Belt and Road Initiative, progress in the 100 day action plan

In Business, Education, Finance, Video by CCTV AmericaLeave a Comment

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CGTN's Rachelle Akuffo spoke with Sara Hsu, an associate professor of Economics at the State University of New York at New Paltz about the U.S. take on the Belt & Road Initiative and progress in the bilateral 100-Day Action Plan.... Read More
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How the Fed’s decision to raise rates impacts investors

In Finance, Government, Video by Fox Business NewsLeave a Comment

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CFRA Chief Investment strategist Sam Stovall, Wells Fargo Economist John Silvia and former Atlanta Fed President Dennis Lockhart on the Federal Reserve’s decision to raise interest rates and whether 3% GDP growth is realistic.... Read More
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Breaking down the Fed’s decision to raise interest rates

In Finance, Government, Video by Fox Business NewsLeave a Comment

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Published on Jun 14, 2017Former Atlanta Fed President Dennis Lockhart and former New York Fed Senior Economist William Lee on Federal Reserve Chair Janet Yellen and the decision to raise interest rates. Category License Standard YouTube License ... Read More
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Fed Raises Key Interest Rate

In Business, Finance, Government, Video by Associated PressLeave a Comment

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The Federal Reserve has raised its key interest rate for the third time in six months to a range of 1 percent to 1.25 percent. The Fed also plans to start gradually paring its bond holdings later this year, which could cause long-term rates to rise. (June 14)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: http://smarturl.it/APBreakingNewsThe Associated Press is the essential global news network, de... Read More
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Who could replace Yellen as Fed chair?

In Finance, Government, Video by Fox Business NewsLeave a Comment

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Fox News contributor Steve Cortes, Bullseye Brief founder and author Adam Johnson, and Kevin Kelly of Recon Capital break down the Federal Reserve’s decision to raise interest rates, and who could potentially replace Janet Yellen as Fed chair.... Read More
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Fed hikes interest rate for third time in six months

In Business, Finance, Government, Mobile Technology, Video by CBS NewsLeave a Comment

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The Federal Reserve has raised the federal funds rate by a quarter of a percentage point. Myles Udland, a Yahoo Finance markets reporter, spoke to CBSN about what this will mean for the stock market and everyday consumers.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: http://bit.ly/1PO0dkx... Read More
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Fed raises key rate, unveils plan to reduce bond holdings

In Business, Education, Emerging Technology, Finance, Government, Healthcare by Long Island Business NewsLeave a Comment

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The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed also announced plans to start gradually paring its bond holdings later this year, which could cause long-term rates to rise. The increase in the short-term rate by a quarter-point to a still-low range of 1 percent to 1.25 percent could lead to higher borrowing costs for consumers and businesses and slightly better returns for savers. The central bank chose to raise rates again despite an economic slowdown at the start of 2017, which it predicts will prove temporary. It foresees one additional rate hike this year, unchanged from its previous foreca... Read More