News
Crain’s New York Business
- Former city housing liaison charged with taking bribesNew York's former public housing liaison was charged with taking bribes and kickbacks, indicating that federal prosecutors are still pursuing criminal cases against allies of former Mayor Eric Adams.Anthony Herbert, who was responsible for engaging with residents and leadership of the New York City Housing Authority, was arrested Tuesday morning and charged with bribery, fraud […]
- New York, other states sue feds to protect $300B threatened by gender policy rulesNew York and 11 other states filed a lawsuit against the Trump administration on Tuesday for threatening to block billions in health, education and research funding from states that refuse to adhere to executive orders targeting transgender individuals.The lawsuit, filed in a federal court in Rhode Island, challenges a “novel and ambiguous funding condition” that […]
- Proxima raises $80M for AI drug discovery from DCVC, NvidiaProxima, a biotech startup using artificial intelligence to design drugs that control protein interactions, raised $80 million in seed funding, which will help it collect better data and eventually develop potential drug candidates.The financing round was led by DCVC, with additional investors including Nvidia Corp., Roivant Sciences Ltd., and Braidwell LP.The New York-based company, previously […]
- Hochul proposes co-response team expansion in early test of accord with MamdaniGov. Kathy Hochul wants to increase the number of police-backed outreach teams patrolling the subway system to provide mental health services, an early division with Mayor Zohran Mamdani who campaigned on removing police from such interactions.Hochul and Mamdani have enjoyed a relatively strong relationship in the mayor’s first two weeks on the job. They frequently […]
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