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Small cities struggle to pay for 9/11 memorials

The memorial started with a steel beam salvaged from the World Trade Center — a small piece of the terrorist attacks that the city of Pembroke Pines, Fla., was determined to honor in its own way....

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Large banks must show how they would wind down

The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing. The Federal Deposit Insurance Corp. voted 3-0 Tuesday to...

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Census: U.S. poverty rate swells to nearly 1 in 6

The ranks of U.S. poor swelled to nearly 1 in 6 people last year, reaching a new high as long-term unemployment woes left millions of Americans struggling and out of work. The number of uninsured edged...

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Facebook to organize friends in ‘smart lists’

Facebook will start organizing users’ friends into smaller groups to make it easier to share photos, posts and links. Facebook has long allowed users to group their friends into categories. But most...

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CFOs see LI turnaround at least 18 months away

Long Island CFOs don’t expect the Long Island economy to rebound from the recession for at least 18 months, according to a recent survey. Garden City-based accounting firm Margolin, Winer & Evens...

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Auto financing firm expands to Massachusetts

A joint venture between a Long Island and a Texas-based firm has expanded its automobile leasing program into Massachusetts by signing one of the largest credit unions in that state. CU Xpress Lease, a...

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Long Island’s largest urology group rebrands

In an effort to create better brand awareness, a group of more than 40 urology offices has rebranded as Advanced Urology Centers of New York. Melville-based Integrated Medical Professionals had...

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Mercedes-Benz debuts SPD-SmartGlass in vans

Woodbury-based Research Frontiers’ SPD-SmartGlass technology made its debut this week at the Frankfurt International Auto Show in Germany. Research Frontiers’ light and heat controlling technology is...

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LI radio stations try out new ad platform

Two local radio broadcast companies have partnered with a Fairfield, Conn.-based company to implement a self-serve radio advertising platform for their clients. Known as The Media Dash, the web-based...

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Suffolk to be sued over water protection money

Environmentalists plan to sue the Suffolk County Legislature and County Executive Steve Levy for raiding funds dedicated by voters to protect drinking water and preserve open space. The county had...

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