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Bob Rozycki

Managing Editor/Digital Westchester County Business Journal, Fairfield County Business Journal, WAG magazine

Verizon worker buyouts, impairment charge to cost more than $6 billion

A day after announcing that 10,400 management employees have accepted its buyout offer, Verizon said it expects to record a noncash goodwill impairment charge of approximately $4.6 billion.

Soren Schroder to step down as CEO of Bunge Ltd.

According to Bunge, Schroder has “focused on creating a simpler, more efficient organization, establishing a series of global partnerships, building a first-class team and increasing Bunge's focus on customers.”

Green Ossining names 12 businesses to new partnership

Partnership members are committed to reducing energy usage, eliminating or cutting back on single-use materials, and relying on organic or locally sourced ingredients.

Marriott data breach exposes personal info for a half-billion Starwood hotel...

It was during its investigation that the Bethesda-based company found that there had been “unauthorized access to the Starwood network since 2014.”

Amazon posts record-breaking holiday shopping weekend

From Thanksgiving to Monday, Amazon.com customers ordered more than 180 million items.

Oren Cahlon to oversee Memorial Sloan Kettering regional health network

Cahlon, who will retain his role as vice chair of the Department of Radiation Oncology, will help oversee the network’s outpatient clinical programs at sites in New York and New Jersey.

Online grocery shopping? Americans say ‘I’d rather go to the store’

After asking 1,260 American grocery shoppers their preferences, Vixxo found that an overwhelming 87 percent prefer to shop in person.

Tops Markets emerges from bankruptcy protection

Tops Markets said in a statement that it had reduced its debt by about $445 million and had $100 million in liquidity.

David’s Bridal files for Chapter 11 bankruptcy protection

David’s Bridal, which specializes in wedding dresses, prom gowns, and other formal wear, has stores in Yonkers and Middletown, in New York and in Danbury, Connecticut.

Tumi remodels its store at The Westchester

Tumi also has a store in Greenwich and a location at Woodbury Common Premium Outlets.

New York & Company changes name to RTW Retailwinds

The company said in September that the change “will accelerate growth of the New York & Company brand through ongoing celebrity partnerships, including collaborations with Eva Mendes, Gabrielle Union and Kate Hudson."

FDA grants priority review for Regeneron dermatitis drug for adolescents

The announcement this morning came at the same time that Regeneron announced third-quarter net sales for EYLEA (aflibercept) increased 7 percent to $1.02 billion versus third quarter 2017.

LSI Industries closing New Windsor manufacturing facility

The workers at the facility at 500 Hudson Valley Ave. made indoor lighting products. Production would be transferred to facilities in Kentucky and Ohio.

PepsiCo acquires energy-bar maker Health Warrior

Purchase-based PepsiCo said this is its first investment that will join The Hive, which it launched in August and focuses on growing emerging, smaller brands.  

185 Sears, Kmart workers to lose jobs in lower-Hudson region

The last day of work would be Jan. 31, 2019 or over two weeks beginning on that date, according to the Worker Adjustment and Retraining  Notification filings.