Breaking News

NYC Newswire is the only newswire service dedicated to the New York City market. Your news is distributed and shared on NYC hyperlocal websites, reaching your exact target audience.

Targeted Search

Featured News

All News

NY Secures $400M Sandoz Generic Drug Settlement

New York has joined a $400 million settlement with Sandoz Inc. and Fougera Pharmaceuticals stemming from multistate litigation over generic drug pricing. Attorney General Letitia James and a coalition of 47 other attorneys general alleged that pharmaceutical companies coordinated the supply and sale of generic drugs to inflate prices and reduce competition. Sandoz will pay approximately $320.6 million plus interest over seven years, bringing the total to $400 million, with funds designated for impacted consumers across participating states and territories. New Yorkers who purchased certain generic prescription drugs between May 2009 and December 2019 may qualify for compensation. The broader litigation against other generic drug manufacturers remains ongoing.

NYU Launches NYC Center to Study Microplastics and Health

NYU has launched a new research center bringing engineers and medical researchers together to study the health and environmental effects of plastics and develop safer materials. The NYC Center for Healthier Plastic Solutions is a joint initiative of NYU Tandon School of Engineering and NYU Grossman School of Medicine and is described by NYU as the first U.S. research center dedicated to addressing the full range of health and environmental threats posed by plastics. Researchers will develop and test hundreds of new plastic formulations, including non-petroleum materials, while using artificial intelligence to analyze results and identify promising alternatives. The initiative is supported by more than a dozen active NYU Grossman research projects and nearly $20 million in funding underway in 2026.

900,000 NYC Medicaid Enrollees Could Risk Coverage

The New York City Health Department is expanding outreach to help Medicaid recipients prepare for new federal requirements taking effect in 2027. Of nearly 3.6 million Medicaid enrollees in the city, the department estimates that up to 900,000 could be at risk of coverage termination under the new requirements. Certain adults ages 19 to 64 will be required to document at least 80 hours per month of work, school, job training or community service, meet an income threshold, or qualify for an exemption. The requirements begin January 1 for new applicants and apply to existing Medicaid recipients beginning with March 2027 renewals. NYC Health has launched resources to help New Yorkers understand the changes and maintain coverage.

NYC Upgrades Brooklyn Bridge Bike Route in Brooklyn

NYC DOT is beginning work on major bike lane upgrades connecting Brooklyn neighborhoods to the Brooklyn Bridge, where an average of 5,625 cyclists cross each day. The project will redesign Adams Street and Boerum Place between Bergen and Front streets, ultimately creating just over a mile of upgraded cycling infrastructure from Boerum Hill to DUMBO. A two-way protected bike path will replace portions of the existing standard bike lane, which the agency says is frequently blocked by illegally parked vehicles. Work beginning in 2026 will focus on the section between Atlantic Avenue and Tillary Street, with additional improvements planned for 2027. NYC DOT announced the project as part of its annual Biketober cycling initiative.

Cooley Expands NY Securities Litigation With Nicholas Caselli

Cooley has added Nicholas Caselli as a partner in its securities litigation and enforcement practice and global litigation department in New York. Caselli represents clients in securities class actions, shareholder derivative cases and M&A-related disputes, including matters involving technology and life sciences companies. The firm said his recruitment is part of its effort to expand its securities litigation capabilities in New York, building on a practice historically prominent on the West Coast. Caselli joins Cooley from Freshfields, where he practiced in New York. His arrival follows several other additions to Cooley's New York litigation team as the firm's global litigation department continues to expand.

NYC Click-to-Cancel Rule Takes Effect With $525 Fines

New York City's Click-to-Cancel rule is now in effect, giving consumers new protections against businesses that make subscriptions difficult to cancel. The rule requires businesses offering qualifying automatic-renewal or continuous-service subscriptions to provide straightforward cancellation methods and clearly disclose subscription terms and consumer rights. Businesses that violate the requirements can face restitution and civil penalties starting at $525 per violation. The city has also launched an online portal where New Yorkers can report problems including difficult cancellations, undisclosed automatic renewals and subscription terms that were not clearly explained. City officials say New York City is the first municipality in the country to implement a Click-to-Cancel rule.