The shopping center along the NY-347/25A corridor outside Port Jefferson is getting a makeover — including a new Whole Foods — and a new name.
Here's the deal: Regency Centers, a national retail developer, acquired the former Mount Sinai Shopping Center in January and is redeveloping it as Crystal Brook Corner, a cohesive daily-needs destination.
Why it matters: Survival tactics of the past few years — higher prices and delivery expansion — are losing effectiveness, leading operators to reset the math.
The punches keep coming for Novo Nordisk in its bout with Eli Lilly for weight-loss drug supremacy.
Why it matters: Novo was the early GLP-1 leader — so dominant that its diabetes drug Ozempic became shorthand for the class — but Lilly has pulled ahead in what has quickly become one of pharma's richest battlegrounds.
DAVOS, Switzerland — C-suite leaders of multiple American businesses said long-term resilience will require balancing strategic generative AI usage with the needs of American workers.
Why it matters: The geopolitical order is changing, and strategies around supporting employees, improving stateside workflows, and bolstering community relationships can determine whether organizations remain competitive.
Axios' Kate Marino moderated the Jan. 20 Expert Voices roundtable, which was sponsored by Philip Morris International U.S. under Chatham House rules.
Inside the room: Here are five takeaways from the conversation…
1. Relying exclusively on AI has risks. It remains crucial to invest in physical infrastructure, put energy toward the human workforce, and give back to the community.
2. People come first. Offering union roles with health care, benefits, and fair wages while offering growth and mobility opportunities within an organization is a clear motivator and helps build a mutually beneficial future.
3. Consider the world of tomorrow. To compete, the U.S. needs to improve systems from within — infrastructure, the supply chain, and, yes, technology.
4. Acknowledge the tension. There is a strain between wealth creation and broad prosperity, especially as the cost of living rises and wages remain stagnant.
5. Remember American values: Don't steal, don't cheat, and don't lie. Treat those around you with dignity. Think about the company's commitment to those it serves.
A message from the sponsor:
Philip Morris International's U.S. businesses (PMI U.S.) are committed to being invested in America — in its manufacturing, innovation, and communities.
The business noted it is driving public health advances with smoke-free alternatives as well as prioritizing manufacturing, job creation and community impact, having invested, since 2022, more than $1 billion in U.S. manufacturing, operational capabilities and people costs (through September 30, 2025).
Over the three days since the Supreme Court struck down most of President Trump tariffs, there's been plenty of confusion. But here's one certainty amid the noise.
The hill to Shein's IPO is just as steep as it was a year ago.
Threat level: In hard-hit areas, travel will be "extremely treacherous," forecasters say, and some leaders are restricting it. Meanwhile,more than half a million customers in Massachusetts, New Jersey, Delaware and Rhode Island are without power.
A manic new phase of the AI boom is sweeping through Silicon Valley, powered by autonomous "agents" capable of liquefying weeks of manual labor into minutes.
Why it matters: For now, the frenzy is largely confined to software engineering. But inside that bubble, the shift feels seismic — deepening the gulf between AI builders and bystanders.
President Trump lost an economic tool that destroyed the norms of global trade. But the new era that he had launched with it is likely here to stay.
Why it matters: The U.S. can no longer credibly wield a threat of instant, triple-digit tariffs to get the world to do what it wants.
But Trump — and perhaps future administrations — are expected to use trade more as a go-to tool, even if the means to do so are slower and more blunted than before. The rest of the world has already started to adjust accordingly.
Mexican security forces killed Nemesio Rubén Oseguera Cervantes, the country's most-wanted drug lord, following information from the U.S. that assisted in Sunday's operation, the Trump administration and Mexico's defense ministry said.
Why it matters: President Trump has for months pressed Mexican officials to target drug cartels and the U.S. had offered a reward of up to $15 million for information leading to the arrest of Oseguera Cervantes, known as "El Mencho," who led the Jalisco New Generation Cartel (CJNG) — a designated terrorist organization in the United States.
It's a perfect storm: As extreme winter weather triggers thousands of flight cancellations, the federal government created more travel questions.
The Department of Homeland Security announced Sunday it would suspend two popular travel programs, including TSA PreCheck, due to the ongoing partial government shutdown. But hours later, it seemingly reversed course, saying PreCheck remained operational.
Why it matters: Air travel has historically been a major pain point during government shutdowns, which trade association Airlines for America President Chris Sununu says makes the public a "political football."
Taylor Swift's "The Life of a Showgirl" — the biggest album release in music history — sold 1.6 million vinyl copies in the U.S. last year, representing over 3% of all units sold, per industry data firm Luminate.
Why it matters: Swift helped as U.S. vinyl sales rose for the 19th straight year in 2025.