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Teladoc buys virtual mental health startup for $30M to aid struggling therapy business

Teladoc Health bought the virtual mental health startup UpLift this week in a bid to rescue its struggling direct-to-consumer therapy business. The telemedicine firm acquired Union Square-based UpLift for $30 million, offering an additional $15 million if the company meets certain targets, it announced Wednesday. The deal aims to boost Teladoc’s virtual therapy business run […]

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Deals of the Day: May 2

Leases Pattern-making company signs new lease Address: 209 W. 38th St., ManhattanLandlord: GFP Real EstateTenant: Kittae of NYLease size: 1,900 square feetLease length: Five yearsAsset type: OfficeBrokers: GFP Real Estate’s Matthew Mandell represented the landlord in-house. Resolution Real Estate Partners’ Evan Lieberman represented the tenant. Apparel firm takes space in Garment District Address: 209 W.

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U.S. employers add 177,000 jobs, a solid pace in the face of uncertainty

U.S. job growth was robust in April, and the unemployment rate held steady despite deep uncertainty over President Donald Trump’s trade policies, which economists expect will dent hiring plans over the coming months. Nonfarm payrolls increased 177,000 last month after the prior two months’ advances were revised lower, according to Bureau of Labor Statistics data

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At a Glance: May 2

ENDOMETRIOSIS RESEARCH: Cold Spring Harbor Laboratory opened a research center on Thursday focused on endometriosis, hoping to uncover information about a difficult-to-treat disease that affects more than 250 million women globally. The Seckin Endometriosis Research Center for Women’s Health launched with a $10 million donation from EndoFound, a nonprofit that supports endometriosis research and public

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Northwell Health improves gains amid shaky federal funding landscape

Northwell Health increased its profits from last year, boosting its operating performance as health systems statewide prepare for looming cuts to federal health funding. The New Hyde Park-based health system recorded a $292 million operating surplus and a 1.6% margin last year, increasing gains by nearly $100 million compared to 2023, according to a yearly

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