New York City plans to open its first of five government-run grocery stores in the Bronx at The Peninsula, a mixed-use development with affordable housing, by 2027. The 20,000 square-foot store aims to reduce prices on basic groceries like bread and eggs through city subsidies while being operated by a private company. This initiative is part of a $70 million budget and is described by Mayor Zohran Mamdani as a "grand experiment" to make food more affordable without replacing existing neighborhood grocers. Another flagship store in East Harlem is planned for 2029, costing an estimated $30 million.
Cytokinetics granted stock options for 20,807 shares and 13,793 restricted stock units (RSUs) to eight new employees who started in April and May 2026. The RSUs vest over three years, while the stock options vest over four years with an exercise pric...
Anthropic has acquired Stainless, a startup specializing in developer tools for APIs, for approximately $300 million. Stainless, founded in 2022, has worked with major clients including Google DeepMind, Meta, and OpenAI, and developed software linked...
project44 announced a 34% year-over-year increase in new Annual Recurring Revenue (ARR) for Q1 FY27, fueled by strong adoption of its AI agent portfolio and Intelligent Transportation Management System (TMS). The AI agents automate key logistics task...
Boston Scientific has invested $1.5 billion to acquire about a 34% stake in MiRus, gaining exclusive rights to its investigational transcatheter aortic valve replacement (TAVR) system designed for severe aortic stenosis. The SIEGEL valve features a n...
Activist investor Elliott Investment Management has taken a significant stake in Bio-Rad Laboratories, which develops medical instruments and software. Bio-Rad's founding family retains majority voting control, complicating activist efforts. Elliott ...
