Andrew Murstein, a key figure in New York's taxi industry, signed an 11-year lease to move Medallion Financial Corp. to 9,000 sq ft at 667 Madison Ave, joining other prestigious tenants. The building, owned by Leonard Stern's Hartz Group, features rents from $120-$190 per sq ft and houses firms like RedBird Capital and luxury retailers such as Michael Kors. Murstein recently launched "Project Boomerang" to attract businesses and high earners back to New York from states like Florida and Texas, signaling efforts to revitalize the city's business environment.
GXO Logistics has launched a new distribution center in Ferentino, Italy, to support Action's expansion in Central and Southern Italy. The facility, GXO's second for Action in Italy, will grow its workforce from over 200 to 300 employees and features...
CureWise, led by founder Steve Brown, has launched an AI-powered precision oncology platform designed to help cancer patients understand their unique disease and explore personalized treatment options. The platform integrates medical records securely...
Sitryx Therapeutics has completed enrollment ahead of schedule in its Phase 1b trial of SYX-5219, a first-in-class oral PKM2 modulator, targeting moderate to severe atopic dermatitis. The randomized, placebo-controlled study involves 50 adults across...
Brunswick Corporation's Navico Group announced operational changes at its Lowell, Michigan facility aimed at reducing fixed costs and improving efficiency. The update includes expanding insourcing, collaborating with outside partners, and better spac...
WeRide, Geely Farizon, and Kwoon Chung Bus Holdings have jointly developed right-hand-drive Robotaxis tailored for markets like Hong Kong, where such vehicles are currently unavailable. This collaboration leverages each company's strengths in autonom...
