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Business Insider
a day ago
- Business
- Business Insider
Quant pioneer Renaissance Technologies' painful summer continued in July
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Renaissance Technologies was not immune to the quant market malaise that infected many of its biggest rivals. The Long Island-based money manager lost 5.1% in its largest fund available to investors, the Renaissance Institutional Equities Fund, and 3.9% in its Renaissance Institutional Diversified Alpha strategy, a person familiar with the quant manager told Business Insider. The two funds are still up through 2025's first seven months — gaining 5.6% and 6.5%, respectively — but have lost money in the last two months. The manager declined to comment. The quant pioneer, which was started by the late billionaire Jim Simons and is now run by his one-time lieutenant Peter Brown, is one of many computer-driven hedge funds to get caught up in what one executive called "a long, slow bleed" of systematic losses. The Renaissance Institutional Equities Fund was down close to 6% in June, according to an HSBC report. Managers such as Qube Research & Technologies, Engineers Gate, Man Group, and more have lost money this summer, Business Insider previously reported, despite stock markets ticking up over the same period. Industry experts believed in late July that a turnaround was coming, and data from institutions like Morgan Stanley and Goldman Sachs from the final week of July point to a potential start to a turnaround. Morgan Stanley wrote in a client note that quants made back roughly 30% of their summer losses in the final week of July, for instance. The 43-year-old firm has seen its assets shrink in recent years, but had a strong 2024 with a 22.7% return in RIEF. It was the fund's best year since 2011.
Associated Press
01-08-2025
- Business
- Associated Press
HOZIO, Inc. Declared Leading 'SEO Company NYC' in 2025 with Hyper‑Local, AI‑Driven Strategy
HOZIO, Inc., a small SEO Company NYC and Long Island-based SEO and other digital marketing service provider, has been identified among the topmost SEO companies in NYC in the year 2025. Providing the companies with a mix of local understanding, AI-enhanced content planning, and ROI-oriented campaigns, HOZIO keeps promoting the visibility of clients and facilitating their business development in the territory of NYC and the United States as a whole. HOZIO has developed into an agency with over 550 small businesses in the United States since starting the operation process in 2009, resulting in the revenue generated by the company of about 11.9 million dollars in 2024, supported by 62 full-service specialists. The company is based in the city of New York at 405 Lexington Avenue, in Manhattan, and they also have an office in Holbrook, NY. Tailored SEO and Local Mastery for NYC Businesses Where other firms have strived to compete, HOZIO is the only company in the saturated New York market that provides customized strategies depending on neighborhoods - whether it is Midtown Manhattan, Queens, or Brooklyn. Key services are Google Business Profile optimization, hyper-local targeting in keywords, citation consistency, reputation management, and responsive website performance, all geared to make the NYC businesses appear where they matter most. With new post-pandemic search behavior increasingly mobile and local, two practices that HOZIO is focusing on to make sure web pages are relevant in new search contexts include schema markup and the use of FAQs and AI-friendly content structure. AI‑Enhanced SEO That Delivers ROI, Not Just Rankings Since effective sustainable visibility requires more than keyword stacking, HOZIO is already at the forefront of integrating AI-driven SEO strategies. They do it by creating search-optimized content and content that is accessible to AI assistants and optimized to search algorithms, structured data, conversational formats, and performance tracking that is not limited to ranking, such as calls, leads, and conversion behavior. Compared to the bigger corporations that can provide one-size-fits-all campaigns, HOZIO is still a hands-on boutique that does not have long-term contracts. Clients are charged on a month-to-month basis and are only billed when real results are produced, which is attributed to fully disclosed reporting and committed account managers Compelling Client Success Stories That Prove the Model The focus of HOZIO on measurable results is shown through its client results. Service businesses like plumbing, air duct cleaning, and local healthcare are good examples of the types of businesses that receive a significant jump in phone leads with many ranking numbers of times a multiple keywords in the top position. One of the case studies presented clients who received more than 20 calls daily, maintained an average 50% reduction in advertisement spending, and continued increasing their revenues, permitting the development of fleets and establishing numerous new offices. The chart-topper ranks and lead rush of clients, such as Chimney Restoration and Dragon RTC, are examples of how HOZIO scaled down local businesses in a matter of months. Why HOZIO Is the SEO Company NYC Choice for 2025 HOZIO has gained the reputation of a reliable partner because of the over 300 client reviews on such sites as Yelp and LinkedIn, with a rating of about 4.8-4.9. The origin of the agency in mortgage marketing and websites has developed into extensive knowledge in the regions, knowing how the slightest differences between the neighborhoods and industries in the boroughs. HOZIO reduces the likelihood of guesswork by capitalizing on data-driven decisions fueled by more than 17 different analytics tools to guarantee that campaigns are constantly improving and have a measurable conversion. Next Steps: Building Momentum with HOZIO Companies that want to enhance their search ranks and lead generation can contact them to request a free, no-obligation audit and consultation of their websites. HOZIO provides tailored roadmaps of strategies that entail technical SEO optimization, Google My Business amplification, authoring content, and monitoring performance. The location-based service businesses, i.e., plumbers, law firms, and healthcare providers, can tap into the HOZIO NYC know-how to acquire local presence and elevate their visibility to other locations or counties. About HOZIO, Inc. HOZIO, Inc. is a New York City and Holbrook, NY based full-service digital marketing agency founded by Steven Orandello and John Bosco in 2009. The company has more than 10 years of expertise, a client portfolio of more than 550 businesses, and a record of high revenue, which is why it has specialisations in result-based, ethical SEO, web design, PPC advertising, Google Business Profile optimisation, and others. The company does not engage in any long term contracts instead, it prefers openness, elasticity, and success consistency with its clients. Media Contact Company Name: HOZIO, Inc. Contact Person: Michael Email: Send Email Phone: 631‑750‑6295 Address:405 Lexington Avenue, 26th Floor City: New York State: NY 10174 Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: HOZIO, Inc. Declared Leading 'SEO Company NYC' in 2025 with Hyper‑Local, AI‑Driven Strategy
New York Post
26-07-2025
- New York Post
Border Patrol dog retires after stopping more than 400 pounds of illegal drugs from entering US
He gave drug dealers a ruff time. A Border Patrol dog named Milan is retiring after an impressive career where he stopped more than 400 pounds of illegal drugs from entering the US. The 8-year-old German Shepherd sniffed out more than 122 pounds of marijuana, 253 pounds of cocaine, 45 pounds of ecstasy and 5 pounds of meth at the ports of Miami during his six-year career. 5 Milan worked for six years with US Customs and Border Protection. 'He's a wild dog,' Michael Schwank, his handler with US Customs and Border Protection, told The Post. 'All he wanted to do was work.' Schwank, who called Milan his work partner, said the duo found contraband on a quasi-daily basis, from small amounts of coke and ecstasy to gallons of drugs filled with liquid coke and meth. 'He worked long days in the hot sun and he did his job very well,' Robert Misseri, co-founder of Paws of War, the Long Island-based organization helping to find Milan a new home, told The Post. 'He was a highly respected canine.' 5 Schwank and Milan were partners at USCBP. Milan had to retire from USCBP when he started showing signs of intervertebral disc disease, a common condition in dogs where one or more of the discs between vertebrae in the spine become damaged. Schwank couldn't adopt Milan, he said, because he's got his hands full with two young children at home. 'It was very difficult to say goodbye. if I was in under different circumstances, I would definitely keep him. It choked me up,' he said. 5 Milan routinely sniffed out packages being shipped out of the Miami airport for concealed drugs. Paws of War, who pairs animals with veterans and first responders, is paying for Milan's medical bills, now and in the future. It's trying to find him a home with a current or former canine handler. 'These dogs don't know anything other than work,' said Misseri. 'What he thinks his play is searching for drugs. The person that we want him to wind up with will role play with him. We have a whole kit of what they use when they train, so something will smell like a certain type of drug.' 5 Milan sniffed out more than 400 pounds of illegal drugs at the ports of Miami during his six-year career. Tam Nguyen / NYPost Design Milan's training alone, at the USCBP's Canine Center in El Paso, took two years. 'These dogs sacrifice their entire lives to doing good,' said Misseri. 'I don't think anyone will know the true scale of what he's done in terms of lives saved, by intercepting these dangerous drugs. These dogs can sniff things out that, to this day, we don't have the technology that surpasses their scent.' Customs and Border Protection Officer Program Manager Alexander Hernandez called Schwank and Milan 'an incredible team' and 'laser-focused' on protecting our nation's borders. 5 Milan's foster home recently threw him a birthday party. Border Patrol started using dogs in 1986, amid a surging number of illegal migrants and drugs at the border. Today, the agency has more than 530 enforcement canine teams deployed throughout the country.
New York Post
11-07-2025
- Sport
- New York Post
East Northport's Preston Carey excited to play for Georgia with eyes on NFL future
Ask East Northport's Preston Carey how long he's loved football, and he'll tell you 'since the helmet weighed me down as a 4-year-old.' The no-nonsense, towering defensive lineman — he stands 6-foot-5 and weighs nearly 300 pounds — has been the talk of the sport after recently committing to the University of Georgia inside a wing of the North Shore's lavish Oheka Castle, filled to the brim with a few hundred of his diehard fans. Advertisement 'I had a full scholarship offer from Georgia since eighth grade — and I believe another five other schools at the time. I would go to college football camps at that point, and just dominate ninth- to 12th-grade talent,' the soon-to-be Bulldog told The Post. 'Georgia believed in me since Day 1. … I was looking for the next big step, and Georgia was 100 percent that next big step,' added the 18-year-old, who narrowed his 50-something offers to UGA, Florida, Auburn and Rutgers. The big man, who said his favorite part of football is 'the aggression … and dominating your opponent,' added that his life's M.O. is accomplishing challenge after challenge to reach that next level. Advertisement Carey started on varsity as a freshman for prestigious St. Anthony's High School and led the Friars to a 27-20 state-title win over Buffalo's St. Francis High School in 2022. He credits the strict but caring South Huntington Catholic academy for giving him 'a great base' of discipline and motivation both on and off the field, as St. Anthony's students are held to a higher standard than most. 'A passing grade there is a 75, not 65 — so you have to be locked in for every class,' Carey said. 4 Preston Carey helped lead St. Anthony's to a 27-20 state-title win over Buffalo's St. Francis High School in 2022. Preston Carey Advertisement 'It definitely builds callus.' Stunt on 'em After two years, Carey took his talents to the prestigious IMG Academy in Florida, which has produced NFL talent such as Giants offensive lineman Evan Neal and Jets safety Andre Cisco — a Long Islander who also played at St. Anthony's before transferring to the Sunshine State school. 'It was easy for me. I would pack a bag up and go anywhere if it was beneficial for my career,' said Carey, who considers himself a Friar alumnus after 'a great two years.' 4 Long Island-based high school football standout, Preston Carey, who recently committed to Georgia, works out at Peak Training on July 9, 2025, in Deer Park, NY. Corey Sipkin for New York Post Advertisement 'When that came about, it was just a 'yes' for me, no matter what. Thinking about who I was leaving behind, everything else was an afterthought. … It was a business decision.' Carey soon soared with the IMG national team and developed a strong social media presence with several thousand followers keeping tabs on the young man's belligerent style of play. He has one more fall season at IMG before redshirting for Georgia in December at playoff time. Throughout his recruiting process, Carey said he's been in constant communication with Georgia defensive line coach Tray Scott, who has already been passing on advice to the youngster. 4 Preston Carey Preston Carey 'He keeps it real 100 percent through and through, and tells me what I do best and what I need to do better — and what it takes to get to that level of becoming one of those first-rounders,' Carey said. Got that dawg in him Like other years, Carey is spending his summer mornings — 6 a.m. sharp — at Peak Training System in Deer Park under the tutelage of Golden Ukonu, an offensive lineman who signed as an undrafted free agent with the Tennessee Titans in 2016. Advertisement After five hours in the take-no-prisoners gym he has trained at since middle school, Carey throws on gloves for MMA and boxing training. 4 Preston Carey Corey Sipkin for New York Post 'As a defensive lineman, you're basically boxing. You're using your hands to fight,' he said. 'Lots of hand-eye coordination, lots of quick feet.' Regarding mental preparation, Carey is keeping focused on being the best football player he can be, but is also enthusiastic about NIL opportunities — specifically as a way to give back to his family for its relentless support of his dream. Advertisement Still, the thought of prospectively appearing in the video game 'NCAA Football 27' puts a smile on his face. 'It's gonna be crazy,' Carey said. 'It's all a blessing.' He's looking to use his time in the SEC for an even bigger achievement in hearing his name called at the NFL draft some years from now. 'It's a goal, not a dream,' he said, 'because I'm working toward it every day.'
New York Post
10-07-2025
- Entertainment
- New York Post
Nostalgia Fest kicks off as the ‘90s rule Long Island this weekend
Be kind and rewind — back to the '90s. Nostalgia Fest, an epic two-day party in honor of the generation of 'Power Rangers' and POGs, is landing in Nassau County this weekend as the ultimate throwback to thirty-something years ago. 'Everybody loves the past. Everybody embraces the 1990s,' Long Island-based wrestler Brimstone, a celebrity guest at the upcoming party in Mineola, told The Post. 3 Nostalgia Fest — a free two-day party celebrating all things '90s — is coming to Nassau County this weekend. Nostalgia Fest 'They're going to have out their boom boxes and their bracelets…You don't have anything else like this on the island,' added the retired strongman, now a host on LI's 'The Grindhouse Radio,' who has also scored acting roles in projects like 'And Just Like That.' The free festival, which runs from 4 to 9 p.m. on Friday and 2 to 9 p.m. on Saturday at Wilson Park, will feature numerous nods to the last analog generation, including a special Blockbuster-themed bar where customers select their drinks from '90s VHS tapes displayed on a shelf. Along with that, fireworks Saturday night, and cover bands cranking out the tunes of Weezer, Nirvana, and other core acts of the time, Nostalgia Fest is loaded with buyable nods to millennials' favorite decade. One vendor is No Rhyme or Reason Art, which repurposes '90s treasures by hand. 'They essentially take old collectibles, like McDonald's Happy Meal toys, and they'll repurpose them to make jewelry, keychains, and other fun little trinkets,' festival organizer Grace Kelly said. 3 The festival, kicks off 4 to 9 p.m. on Friday and 2 to 9 p.m. on Saturday at Wilson Park. Nostalgia Fest There is also the Mineola-based Mr. Cheapo CDs, which will 'be selling everything from record players to vinyls, cassettes, CDs, even old movies on VHS,' according to Kelly, who noted the festival's rain date is the following weekend. Garden City-located Andy's Thrift Shop also 'has everything you could imagine from the time' as well. 'His stuff would probably be the best place to find some rare toys that you're looking for to add to a collection.' The last iteration of Nostalgia Fest, held in 2023, became a hit because of thrifters looking to expand their old-school collections alone, she added. 3 Long Island-based skating organization Limitless Culture will host a youth skating competition featuring more than 40 skateboarders. Nostalgia Fest As if that wasn't enough of a buzz, Nostalgia Fest is also giving Gen Z and Gen Alpha a look at what it was like to be alive during the heyday of Tony Hawk. There will be a special skateboarding competition for youth done by LI-based skating organization Limitless Culture. 'We've built a mobile skateboarding competition. So one area of the competition zone will be a street course, with grind rails and box jumps and all of that, and then we've also brought in a mini, mobile half pipe as well,' said Kelly. 'Kids will enter the competition to compete, and they will be giving out prizes based on the best tricks. We already have close to 40 skaters and are expecting more.' For Brimstone, who had a blast at the last event, his advice is to seize the day on two days of cost-free fun. 'Usually there's a hefty price tag to get in things like this,' he said. 'So the fact it's free, the fact there are so many different things going on, I mean, there's a firework show for God's sake. Take advantage of it.'
