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Thursday, November 14, 2024

This is the second in a two-part series regarding allegations of a toxic work culture and other systemic problems at Curaleaf Holdings. It originally appeared in Green Market Report. Many employees who part ways with Midtown-based Curaleaf Holdings wind up taking severance packages, which typically include nondisparagement agreements that require them to remain silent about

RED DYE: The federal Food and Drug Administration is banning the use of a red food coloring after it was found to cause cancer in lab rats. The dye, known as Red. No. 3, was not found to induce cancer in humans but federal law allows the agency to revoke authorization of food additives if

A Midtown-based therapeutics company hopes to tap the growing market of anti-aging drugs with a suite of pharmaceutical research, and investors are taking notice. Cambrian Bio recently raised $23 million to advance its portfolio of drug discovery platforms focused on the biological processes that break down with age. The company is one of a growing

Hospitals in the tri-state region continue to experience more financial struggles than the rest of the country as high expenses and uncompensated care weigh on their bottom lines, new data shows. Hospitals in New York, New Jersey and Connecticut had a median operating margin of 2.7% this year through the month of November, according to

For months, city Comptroller Brad Lander has centered his mayoral campaign on a promise to end street homelessness among severely mentally ill people. This week, he followed up on that campaign pledge by releasing a plan — through his government office, at an event staffed by public employees. Mixing campaign activities with government work is

For months, city Comptroller Brad Lander has centered his mayoral campaign on a promise to end street homelessness among severely mentally ill people. This week, he followed up on that campaign pledge by releasing a plan — through his government office, at an event staffed by public employees. Mixing campaign activities with government work is

As authorities struggle to contain wildfires that have wiped out some of southern California’s most expensive real estate, damage estimates continue to climb, adding new urgency to the debate around the future of private insurance in disaster-prone areas. A new estimate this week from Wells Fargo said losses could climb as high as $30 billion,

Mayor Eric Adams unveiled details of his $650 million investment to tackle homelessness and mental illness in a plan that increases the number of beds for unhoused individuals and leans more heavily on city hospitals. Adams will funnel about $106 million to opening about 900 so-called safe haven beds, which have fewer requirements than a

Citigroup said it will repurchase $20 billion worth of its stock in the coming years — unleashing billions of excess capital the bank had been keeping on hand in order to meet a key ask from shareholders. The announcement was part of the bank’s stronger-than-expected results for the fourth quarter, in which revenue rose across