Charles Lane

Senior reporter for Long Island

Charles is a radio reporter, story teller, Excel ninja, database grasshopper and loves to FOIL records. He's worked for NPR, Deutche Welle, Radio Netherlands, Soundprint, Penthouse, the Religion News Service and the Catholic World Report. He's won three SPJ Public Service Awards, a National Murrow and was a finalist for the Livingston Award for Young Journalists. He once did 8Gs in a stunt plane, caught a 10-foot wave (briefly) and dove 40 meters on a single breath. Charles is extraordinarily friendly so don't hesitate to contact.

Spotify, the popular music streaming service, will officially take the company public this spring and is planning a very unconventional IPO — short for "initial public offering" — that has investors talking.

J. Pat Carter / AP

Bacardi is buying Patrón in a liquor deal valued at $5.1 billion. This would give Bacardi one of the top selling premium tequila brands and help the company compete in the fast growing tequila market.

Thomas Ferrigno / AP

Spotify, the popular yet unprofitable music streaming service, is planning a very unconventional IPO. IPO is short for “initial public offering,” a way for companies to raise a bunch of money by selling shares that can then be traded on a stock exchange.                                                                             

John Minchillo / AP

The conglomerate General Electric says it is considering a breakup after taking $6 billion in losses to its insurance division.

For decades, GE gobbled up businesses as diverse as credit cards, jet engines, and TV networks. But last year, the company started losing bets made on coal and oil. Then came losses on power plants. Now it’s insurance. GE’s freshly-minted CEO John Flannery says its long-term care insurance division will lose $6 billion this year and $15 billion in the future.

Courtesy of Make the Road New York / Twitter

Long Island is home to many large Salvadoran communities. Thousands of them now face deportation after President Trump revoked their protected status this week. That's left immigrant families in turmoil, some local officials worried about the economy and others saying it is time for them to go.

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