Governor Hochul Initiates Panel to Secure Future of SUNY Downstate Medical Center as Campus Faces Tensions over Student Group Event
Governor Kathy Hochul forms an advisory panel to devise a financial survival plan for SUNY Downstate Medical Center, with a deadline of April 1 for recommendations.
Mount Sinai South Nassau in Oceanside Invests $17.7M to Expand Cardiac Care and Boosts Clinical Cancer Trials with $1M Donation
Mount Sinai South Nassau is investing $17.7 million to expand cardiac facilities, adding a new cath lab and electrophysiology lab, and is using a $1 million donation to increase access to cancer clinical trials.
NYU Langone Health Boosts Operating Margin to 3%, Yet Faces Scrutiny Over Charity Care Spending
NYU Langone Health improved its fiscal year operating margin to 3% with a revenue increase of 14.2%, despite lower net income and days cash on hand, and questions about its charity care spending.
New York's Economy Shows Sign of Rebound With Private Firms Thriving, While Tourism Sector Awaits Full Recovery
New York City sees mixed economic signals; Crain's reports a 15% revenue increase among large private companies, while tourism recovery is strong but uneven, awaiting international and business travel's full return.
Schrödinger Strikes $150M Deal With Novartis, Potential for $2.3B in Future Payments
Schrödinger entered into a deal with Novartis, receiving an initial $150 million with potential for future payments totaling $2.3 billion. The collaboration involves drug discovery programs and software licensing.
New York City Comes Alive with the Opening of Union Square and Macy’s Holiday Markets, Shop Local Artisans and Delicacies
Union Square Holiday Market in NYC opens today, featuring over 185 vendors, until December 23, excluding Thanksgiving and Christmas Eve. It offers diverse gifts, open until 8 pm on weekdays and weekends.
New York State Cannabis Control Board Boosts Industry with Extended Deadlines and New Licenses
The New York Cannabis Control Board has extended the deadline for social equity cannabis retailers and approved new licenses, including 42 dispensaries and various microbusinesses and cultivators.












