News


Doormen pact signals bigger union payouts
Sun, 20 Apr 2014 00:01:00 EST
The economic and political winds have suddenly shifted dramatically in favor of the city’s municipal unions. The beneficiaries will be New York’s workforce, and the costs will be borne by...

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Less is more for VCs investing in biotech
Fri, 18 Apr 2014 15:05:00 EST
Even in an off-quarter, biotech showed itself to be a key driver of New York's growing tech sector, and that momentum will need to continue in the face of stiff market headwinds. Venture-capital...

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Mass layoffs to hit home health care workers
Tue, 15 Apr 2014 11:47:00 EST
The Visiting Nurse Service of New York is eliminating 775 positions, one of the largest health care mass layoffs in New York City that does not involve the closing of a hospital. The organization is...

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J&J profit rises 8% on drug sale growth
Tue, 15 Apr 2014 10:22:00 EST
Johnson & Johnson's first-quarter profit rose 8%, because of restrained costs and a big jump in prescription drug sales. The world's biggest maker of health care products easily beat Wall Street...

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Big benefits on a small dime
Tue, 15 Apr 2014 00:01:00 EST
When Appway decided to open an office in Manhattan in 2011, the Zurich-based firm brought its European benefits sensibility along. Employees get basic health care for $42 a month, and the company...

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Feds finally approve $8B for New York health care
Mon, 14 Apr 2014 14:36:00 EST
The federal government on Monday approved billions of dollars in funding to revamp New York's Medicaid program, ending months of anticipation yet setting up new tensions over who will get the...

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Box populi
Mon, 14 Apr 2014 12:00:00 EST
An appalling fact: Metro New York is home to 30 of the country's 50 lowest-scoring hospitals in such medical metrics as hospital-borne infections, patient-readmission rates and the quality of...

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Obama taps budget chief to succeed Sebelius
Fri, 11 Apr 2014 11:28:00 EST
President Barack Obama praised outgoing Health and Human Secretary Kathleen Sebelius for helping to steer his health care law's comeback after a rocky rollout, even as he nominated a successor aimed...

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24K more NYC seniors could get rent freeze
Fri, 11 Apr 2014 00:01:00 EST
City Councilwoman Margaret Chin, D-Manhattan, introduced a bill Thursday that would greatly increase the number of New York City seniors eligible to have their rent frozen. Since the measure has...

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U.S. health secretary Kathleen Sebelius to resign, sources say
Thu, 10 Apr 2014 18:40:00 EST
Kathleen Sebelius, the U.S. health secretary who steered the troubled rollout of President Barack Obama's signature health-care law, will resign just as the program topped its first-year enrollment...

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