For many people, Long Island and the American dream of home ownership were synonymous. People felt as though they could purchase a home and live the life they imagined. Things seemed well and good, and money was cheap and free flowing. Since the real estate “bubble” burst, Long Islanders have suffered dramatically. Foreclosure rates are [...]

The state Board of Law Examiners has released the list of successful candidates who took the July bar exam. Of the candidates who took the test for the first time and graduated from American Bar Association-accredited schools, 86.1 percent passed, an increase of 0.5 percent for the same group last year. The passing rate for [...]

U.S. accounting rulemakers are expected to revisit soon a 2008 proposal that would address the knotty issue of “going concern” warnings, seeking to better assure that alarms are sounded before companies fail. At issue are the standard warnings that auditors are required to include in annual reports when they have substantial doubt that a company [...]