Business

New York's $11B Medicaid Contractor Accused of Failures in Other States

Public Partnerships LLC (PPL) has faced 'egregious fiscal and operational failures' in managing home care programs in several states before landing a controversial no-bid contract in New York.

Saks, Neiman Marcus to Close 15 Stores Amid Bankruptcy Restructuring

The luxury retailer will focus on high-performing markets as it emerges from Chapter 11 proceedings.

Maltz Auctions to Sell Over 50,000 Cases of Wine and Liquor

Auction features inventory from Apollo Fine Wine and Spirits, open to licensed New York retailers and wholesalers

New York Entrepreneurs Find Opportunity in Ireland

Ireland's favorable tax regime, skilled workforce, and EU market access draw businesses from the Empire State.

Franchises Can Sue Each Other for Unfair Practices in the U.S.

Lawsuits between franchises are possible, but there are several legal complexities to consider.

Study Finds Corporate Buzzwords Mislead Employees

Research shows workers impressed by vague jargon struggle with practical decision-making.

LifeMD 2025 revenue jumps 25% to $194M, guides 2026

EBITDA surged 309% to $15.3M in 2025 as cash reached $36.8M with no debt; LifeMD now projects up to $230M revenue and >$25M EBITDA run-rate by Q4 2026.

NYSE Celebrates America250 Partnership with Opening Bell

Rosie Rios, Chair of America250, rings the bell to mark the occasion.

Alexander's to Sell Rego Park I Property for $202 Million

Real estate investment trust to sell vacant New York property to Northwell Health

Definium Therapeutics Announces New Employee Inducement Grants

Biopharmaceutical company issues stock options and performance share units to four new hires

Del Frisco's Wins Dismissal of Sous Chef's Discrimination, Wage Claims

Federal court cites jurisdictional issues, lack of injury, and valid arbitration agreement in ruling

Study Finds Workers Impressed by Corporate Jargon May Struggle with Decision-Making

Cornell research reveals a link between susceptibility to 'corporate bullshit' and lower analytic thinking skills.

Upsolve Surpasses $1 Billion in Debt Relief for Low-Income Families

Nonprofit's free, AI-powered bankruptcy tool has helped thousands of families get a fresh financial start.

WeWork Rebounds in NYC After Bankruptcy

The coworking company is growing again with a new 37,000-square-foot lease, years after its high-profile collapse.

BETA Technologies Reports Q4 Earnings, Outlines 2026 Outlook

Company details progress on certification, commercialization, and defense initiatives amid continued operating losses and higher planned capital spending.