Articles Tagged ‘business’

Snack Local: 7 Treats Born & Raised on Long Island

Eating local doesn’t only apply to fruits and vegetables. Buying foods produced close to home reduces shipping pollution and keeps dollars in the local economy….

How Cablevision Is Destroying Newsday

by Christopher Twarowski and Michael Patrick Nelson Visitors to the Melville headquarters of Long Island’s only daily newspaper, Newsday, would have seen something a bit…

Bemis paying $1.2B for Alcan Packaging assets

NEENAH, Wis. (AP) — Bemis Co., which makes plastic packaging that grocers use to wrap steaks and cheeses, said Sunday night it will pay $1.2 billion in cash and stock for the U.S. packaging business of Rio Tinto PLC and become the world’s dominant player in that market

EMC raises bid for Data Domain to $33.50 per share

NEW YORK (AP) — Data storage company EMC boosted its offer to buy Data Domain to $33.50 per share in cash and says it received regulatory approval for the purchase. EMC’s new offer, announced Monday, is $3.50 per share above its previous offer valuing Data Domain Inc. at $2.1 billion

AP analysis: Economic stress up in much of nation

PepsiCo, Pepsi Bottling to invest $1B in Russia

NEW YORK (AP) — Soft drink and snack maker PepsiCo Inc. said Monday it will team up with its largest bottler, Pepsi Bottling Group, to invest $1 billion in Russia over three years. PepsiCo called it part of a long-term strategy to expand in emerging markets.