Bloomberg:
Sources: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal  —  Stack Infrastructure Inc., a data center company owned by Blue Owl Capital, is considering options including a sale of its Asia operations …

When the Independent Budget Office and the city comptroller released their annual economic and budget review late last year, they projected that New York City would add about 40,000 jobs in 2025, mostly home health care jobs. But when the final numbers came out in the spring, the state labor department said the city had […]

The post How Many NYC Jobs? State SNAFU Brings Confusion appeared first on THE CITY - NYC News.

City lawyers have agreed to pay nearly $5.2 million to settle lawsuits brought by the families of two men who died from methadone overdoses while jail staff ignored them on Rikers Island. The settlements come amid a sharp rise in claims and a dramatic spike in taxpayer-funded payouts by the Department of Correction.  In fiscal […]

The post They Overdosed in Plain View on Rikers Island. NYC Will Pay $5.2 Million appeared first on THE CITY - NYC News.

Disabled New Yorkers and disability advocates spoke out against a City Council bill that would ban 24-hour home care shifts, saying their own care will suffer.  The bill, which was stalled in the Council, would replace the 24-hour shifts with 12-hour shifts performed by two separate workers. But those who rely on the support of […]

The post Disabled New Yorkers Oppose Bill to End 24-Hour Shifts for Home Aides appeared first on THE CITY - NYC News.

Financial Times:
DefiLlama: investors pulled ~$14B from the DeFi sector after North Korea-linked hackers stole $290M from Aave in April, weeks after stealing $280M from Drift  —  DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects