Nassau County Welcomes Lesso Home

On Thursday, October 26, Hong Kong-based China Lesso Group Holdings announced plans to transform the former Source Mall in Westbury into an exciting new home furnishing expo center called Lesso Home. Opening its doors summer of 2018, Lesso Home is a home furnishings, décor and design company with a unique industry showroom and retail experience.  This [...]

2017-12-13T13:56:10+00:00 October 31st, 2017|Categories: Business News|Tags: , , |

An Update on Amazon’s Mega-move

In Amazon’s first quarterly report since closing on the acquisition of Whole Foods Market Inc., Amazon reported third-quarter net income of $265 million, on sales of $43.7 billion, up from $32.7 billion a year ago.  In the third quarter report, Amazon’s producing profits and sales far exceeded expectations of Wall Street with a 34% rise in [...]

2017-11-25T14:43:54+00:00 October 30th, 2017|Categories: Business News|Tags: , , |

Creating an Effective Routine

 One of the most important paradoxical truths to learn in adulthood is this: some rules, rather than constraining, can actually be incredibly freeing.  It is a fact that successful people follow a daily routine. Ernest Hemingway had one, so does Bill Gates.  Following a routine takes the guesswork out of what you should be doing and [...]

2017-10-04T16:35:55+00:00 September 1st, 2017|Categories: Business News|

Expand Your Knowledge with edX

There’s no denying that September means back to school, but why should learning be limited to those 21 and under?  Enter edX. With a mission to increase access to high-quality education for everyone, everywhere, enhance teaching and learning on campus and online and advance teaching and learning through research, edX is the new way to expand [...]

2017-10-04T15:42:29+00:00 September 1st, 2017|Categories: Business News|

United States Economic Growth Predictions Slashed

The International Monetary Fund (IMF) has cut its projections for U.S. economic growth for 2017 and 2018.  The IMF now forecasts the U.S. GDP growth to be 2.1% this year, instead of the 2.3% forecast in April.  GDP growth for 2018 has been revised to 2.1% from 2.5%. However, the IMF still forecasts the world economy [...]

2017-10-04T15:42:29+00:00 August 1st, 2017|Categories: Business News|

Amazon’s Biggest Move

On Friday, June 16th Amazon announced that the company had a deal in place to buy Whole Foods Market for $13.7 billion at a price of $42 a share. The Deal The 13.7-billion-dollar deal, easily the largest by Amazon, will pay $42 per share in an all-cash deal.  That’s 27% higher than Whole Foods’ closing stock [...]

2017-10-04T15:42:30+00:00 July 5th, 2017|Categories: Business News|

Fed Raises Rate to 1.25%

After years of crisis-era zero interest rates, the Federal Reserve recently raised its key interest rate by 0.25% for the second time in just three months.  After the quarter point rate hike, the Fed Funds Target Rate now stands at 1.25%, which is still very low by historical standards.  In doing so, the Fed is signaling [...]

2017-10-04T15:42:30+00:00 July 5th, 2017|Categories: Business News|



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