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Top 5 Stories in Long Island Press This Week: Flagstar’s Decline, A Sketchy County Contract And More

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Flagstar Bank is laying off 1,900 people and taking a $20 million hit — a sudden shift from its rapid expansion until 2022.

The top 5 stories in the Long Island Press this week are listed below.

 

Flagstar Laying Off Nearly 2,000, Taking $20M Hit: A Closer Look At The LI Bank’s Decline

top 5 long island press

Flagstar Bank is laying off 1,900 people and taking a $20 million hit — but just two years ago, it was experiencing more financial success than ever. Here’s a closer look at what exactly happened to the Long Island bank.

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It’s Fall Ya’ll! Long Island Fall Festivals and Fairs for 2024

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Get ready to turn up the volume, Long Island! Nassau County is celebrating its 125th anniversary this month with an epic, free party in Eisenhower Park, honoring over a century of history, culture and community.

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Nassau Pols Urge Feds to Probe Baymen Industries Contract Flagged by IG

top 5 long island press

A Nassau County contract with Baymen Industries has been flagged for potential corruption after an Inspector General investigation and report revealed a strong connection between Baymen and bribery-tied company Carlo Lizza & Sons Paving.

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Cop, Teacher Accused of Running Suffolk Sex Trafficking Ring

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After a three-year long undercover investigation by the Suffolk County DA, a police officer and an Islip teacher were indicted for allegedly managing a sex trafficking ring.

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Long Island Manufacturers Struggle to Fill Positions

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Robert C. Kufner, chief executive of Hicksville-based manufacturing company Designatronics Inc., had a problem: He had 10 positions to fill and difficulty finding qualified candidates.

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