James T. Madore
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James T. Madore
@jamestmadore.bsky.social
17 followers 13 following 57 posts
Business reporter at Newsday. I report on the NY-area economy and government/biz issues. Formerly, The Buffalo News & Watertown (NY) Daily Times. Washington University and Columbia J-School. madore@newsday.com, 631-843-2473 or muckrack.com/james-madore.
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James T. Madore @jamestmadore.bsky.social · Mar 23
www.newsday.com/services/new...
Newsday Journalists: James T. Madore
Reporting for Long Islanders and helping small businesses is more than just the numbers for James. He focuses on the people, passion, persistence and resilience of the local working economy. On any gi...
www.newsday.com
jamestmadore.bsky.social
Millions in entrance-fee refunds for LI seniors remain in limbo after retirement community sale
www.newsday.com/business/har...
LI seniors' refunds in limbo after retirement community sale
The Port Washington facility, which went bankrupt three times in 10 years, will only repay about one-third of the $121.4 million owed in entrance-fee refunds.
www.newsday.com
December 4, 2025 at 2:01 PM
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Suffolk DA: 14 charged in 'porch piracy' ring
www.newsday.com/long-island/...
14 charged in 'porch piracy' ring, Suffok DA says
The defendants stole new phones delivered in FedEx boxes and resold them domestically and overseas, the district attorney said.
www.newsday.com
November 25, 2025 at 6:08 PM
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LI financial adviser ordered to pay $7M to clients, suspended from securities industry
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Long Island financial adviser ordered to pay $7M to clients
Clients accused A.G. Morgan Financial Advisors and its key officers, Vincent J. Camarda and James E. McArthur, of steering their savings into risky investments that led to heavy losses.
www.newsday.com
November 25, 2025 at 3:05 PM
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Hauppauge drugmaker embarks on 4th expansion project since 2014
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A&Z Pharmaceutical plans 4th expansion in Hauppauge since 2014
A&Z Pharmaceutical Inc. is adding 26,000 square feet of production space to increase the types of generic prescription drugs it makes, executives said.
www.newsday.com
November 21, 2025 at 5:36 PM
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Senior apartments in Farmingdale to be sold, renovated
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Senior apartments in Farmingdale to be sold, renovated
K&R Preservation is purchasing Hardscrabble Apartments from a nonprofit, but with tax breaks, the units will remain affordable.
www.newsday.com
November 5, 2025 at 9:26 PM
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Wall Street profits climb 31% in the first half of 2025
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Wall Street profits climb 31% in the first half of 2025
Profits for the January-June period totaled $30.4 billion and may end the year above $60 billion, according to a state report.
www.newsday.com
October 23, 2025 at 1:00 PM
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Drugmaker to cut 60 jobs at Westbury factory
www.newsday.com/business/p-a...
Drugmaker to cut 60 jobs at Westbury factory
P&L Development could have to repay some tax breaks awarded by the Nassau County Industrial Development Agency.
www.newsday.com
October 23, 2025 at 12:58 PM
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Developer buys office building near Nassau Coliseum for $15.5M
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Office building near Nassau Coliseum sells for $15.5M
Smithtown developer Damianos Realty Group plans to renovate the 240,000-square-foot building and address its 50% vacancy rate.
www.newsday.com
October 21, 2025 at 2:05 PM
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What a government shutdown means for small-businesses loan applicants
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How a shutdown delays government-backed loan approvals
Small-business borrowers in need of financing should work with their lender to identify alternative sources, experts said.
www.newsday.com
October 6, 2025 at 3:28 PM
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sabew.org/event/skill-...
Skill Up 2025 | SABEW
Skill Up in New York CityFriday, Sept. 19, 8:30 a.m. - 12:30 p.m. ETThe Wall Street Journal1211 6th Ave., 9th Floor, New York City Skill Up Schedule SABEW will hold a skill-building workshop including...
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September 10, 2025 at 5:42 PM
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Lawsuits: Ex-CEO says company used affair as pretext for firing him
Ken A. Peterman was fired in 2024 by Comtech Telecommunications Corp. after nearly two years leading the company.
www.newsday.com/business/com...
Ken Peterman files whistleblower lawsuits against Comtech board
Former Comtech CEO Ken Peterman claims his firing was due to whistleblowing on financial discrepancies, not his affair with an employee.
www.newsday.com
August 27, 2025 at 6:07 PM
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$11.9M COVID fraud case: Massapequa man gets 18 months in prison
Sandeep Grover had faced more than 12 years in prison for allegedly filing false Paycheck Protection Program loan applications for over 100 businesses.
www.newsday.com/business/lon...
Massapequa man gets 18 months in prison for $11.9M COVID fraud
Sandeep Grover had faced more than 12 years in prison for allegedly filing false Paycheck Protection Program loan applications for over 100 businesses.
www.newsday.com
August 26, 2025 at 1:08 AM
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Lake Success-based financial firm seeks to downsize on LI, applies for tax breaks
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LI financial firm seeks to downsize locally, applies for tax breaks
Broadridge Financial Solutions Inc. is considering closing some of its local offices and moving operations and jobs out of state to reduce costs.
www.newsday.com
August 23, 2025 at 2:09 PM
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LI man gets 4 years in prison for $1.7M COVID relief scam that funded luxury lifestyle
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$1.7M Covid scam gets Long Island man 4 years in prison
Niall Alli used the money to buy fancy watches, stay in luxury hotels and dine at pricey restaurants, federal prosecutors said.
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August 14, 2025 at 2:20 PM
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LI retirees allege financial adviser wiped out millions in savings; federal probe underway
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Long Island retirees say adviser lost millions in savings
At least 20 clients say A.G. Morgan squandered their savings. The FBI is questioning victims and the SEC has filed suit against the Massapequa firm.
www.newsday.com
August 13, 2025 at 3:31 PM
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Looking for a financial adviser? Here's what Long Islanders need to know.
www.newsday.com/business/fin...
How to choose a financial advisor — and spot red flags
Experts suggest getting recommendations from family and friends and then doing research on the candidates before meeting them in person.
www.newsday.com
August 13, 2025 at 3:30 PM
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Port Washington retirement community The Harborside to pay $5 million in entrance-fee refunds Oct. 1
The payment to about 230 seniors and their families is the first of two refunds, which together represent about 30% of what's owed.
www.newsday.com/business/har...
Harborside retirement community in Port Washington to refund $5 million in entrance fees Oct. 1
The payment to about 230 seniors and their families is the first of two refunds, which together represent about 30% of what's owed.
www.newsday.com
August 13, 2025 at 3:28 PM
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Developer of proposed LI extended-stay hotel wins more tax breaks
www.newsday.com/business/hot...
Proposed LI extended-stay hotel wins more tax breaks
The Suffolk County Industrial Development granted $2.5 million more in breaks after the developer said the project's price tag soared.
www.newsday.com
July 25, 2025 at 1:33 PM
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.@EmpireStateDev wants back $4.1M in COVID-19 grants to businesses, arts groups. @newsday.bsky.social
June 12, 2025 at 1:49 PM
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$1.8M LI expansion planned by medical, defense manufacturers in Hauppauge. Eight jobs to be added to 79-person workforce. @newsday.bsky.social
June 4, 2025 at 2:37 PM
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LI electronics maker seeks more tax aid from amid expansion plans. Orbic Electronics Manufacturing plans to have four factories in Suffolk County to make cellphones, laptops & other electronics. The company is shifting work from China; hopes to create 1,000 jobs in five years. @newsday.bsky.social
May 28, 2025 at 2:05 PM
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LI to vie for millions in state aid for job-growth projects. @newsday.bsky.social
May 22, 2025 at 4:56 PM
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www.newsday.com/business/cov...
Can feds recover $100M in COVID-19 aid Long Islanders stole?
A Newsday analysis found 11 defendants were ordered to pay $19 million in restitution, of which $3.6 million has been received so far.
www.newsday.com
May 8, 2025 at 1:13 PM
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$86 million sale of The Harborside in Port Washington could close on Tuesday.
May 7, 2025 at 7:14 PM
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What to know about latest Security overpayment rule change.
May 7, 2025 at 7:13 PM