Cara Therapeutics Stock Sale

Cara Therapeutics just closed on Monday with a $145.5 million stock offering. This is their third major public offering in the last 2.5 years and they plan to use the proceeds to fund the work they are doing on a new drug they are submitting to the FDA for Korsuva injections. The funding will help […]

Unemployment Levels Keep Dropping

Certainly great news for anyone living in or near New Jersey – the unemployment rate for June indicates a record low of 3.5%. These statistics come from the state Labor and Workplace Development Department, which announced the findings for the month on Thursday. It’s the lowest monthly rate that they’ve seen since they started keeping […]

Flight Centre Buys 25% Share in The Upside Travel Company

Flight Centre, the world’s largest travel agency and ASX-listed company, purchased 25% of The Upside Travel Company. The company did not disclose how much they paid, but Flight Centre is now the largest single shareholder of Upside. Flight Centre anticipates that Upside’s unique tech platform will add value to its Corporate Traveler brand. They look […]

Tech Success in NYC

As Sam Natapoff recently explained in an article in Salon, “Fifteen years ago, New York City was a tech afterthought.” A lot has changed though over the last decade and a half with it being ranked as “the second highest performing startup ecosystem in the world after Silicon Valley.” Statistics show that New York City […]

NY Economic Growth

According to Xinhua News Agency, this month New York encountered a substantial growth in its business activity.  There was an increase to 20.1 points for its main index number, with the general business conditions index surpassed expectations by of 15.5. In terms of people’s level of satisfaction/happiness at the office it was hard to tell […]

New York International Auto Show

With the start of the New York International Auto Show on 1stof this month, attendees were subject to some wonderful new SUVs, trucks and some supercars. With self-driving cars stealing a lot of car-lovers’ attention, one show stopper was the Genesis Essentia. This has actually been in the works since shortly after last year’s Auto […]