Newsday.com - Business

Fortunoff family looks to relaunch its brand

Tue, 21 Jul 2009 21:43:00 -0400

The families who owned and operated Fortunoff before its sale to private equity firms have purchased all the intellectual property of the now-bankrupt company and are researching ways to relaunch the brand, family members said Tuesday.

Local businesses decry coming minimum wage increase

Wed, 22 Jul 2009 21:33:00 -0400

For the past two weeks, more than 50 companies that use Advantage Payroll Services in Freeport have been calling to "show their displeasure" about the federal minimum wage, which rises 70 cents to $7.25 an hour Friday.

Salvation Army offers aid to LIers who've lost jobs

Wed, 22 Jul 2009 22:33:00 -0400

The Salvation Army is offering emergency financial aid over the next four weeks to Long Islanders who have lost jobs since September. The grants - which are being funded by local Wal-Mart and Target department stores - can reach up to $1,500 per household and must be used toward rent, utilities or mortgage payments.

LI charities struggle to find money to operate

Tue, 21 Jul 2009 22:03:00 -0400

The Long Island Council of Churches has more funds and food than ever to give out and record numbers of clients, but the people who need the help might not get it due to shortages in operational money.

Teachers aim to pass along financial literacy lessons

Tue, 21 Jul 2009 19:43:00 -0400

More than 50 high school educators who teach financial literacy looked to hone their skills Tuesday at the Financial Education for a New Generation workshop co-sponsored in Westbury by the Nassau Educators Federal Credit Union.

Memories of hush-hush work on lunar lander

Mon, 20 Jul 2009 19:53:00 -0400

Retired Edo Corp. foreman recalls putting switches on tubing and then discovering what they were for

Retired Edo Corp. foreman recalls putting switches on tubing and then learning how they would be used

Stocks end mixed

Wed, 22 Jul 2009 18:02:00 -0400

NEW YORK (AP) — Investors aren't giving up on the stock market's rally, but they're not making big bets either.

Just what is a day off?

Tue, 21 Jul 2009 21:13:00 -0400

Dear Carrie: We are at odds with the company over what exactly constitutes a day off. If we work from 4 p.m. on Saturday to 1 a.m. on Sunday, the company considers Sunday our day off. We disagree because we would have worked part of the day. But the company expects employees to report to work on Monday, the day after their so-called day off. Our workweek runs from Saturday to Friday, with no two consecutive days off. If employees were given two back-to-back days off, then we would agree that Sunday should be considered a day off. In essence we are working every day. Who's interpretation is right? -- Days-off Dispute

Legal battle over Madoff funds heats up

Mon, 20 Jul 2009 22:17:00 -0400

With Bernard Madoff packed off to prison in North Carolina, the next big concern for his cheated investors is the outcome of a crucial legal fight that could impact how much money they might recover.

Watergate Hotel is on auction block

Tue, 21 Jul 2009 05:27:00 -0400

The Watergate Hotel, made famous by the scandal that brought down President Richard Nixon, is heads to the auction block Tuesday morning.