New York City Mayor Eric Adams plans to work with the incoming Trump administration on the migrant issue while maintaining the city as a sanctuary for illegal immigrants, despite facing criticism for allocating billions of tax dollars to them. Adams aims to keep the city’s large population of illegal migrants and continue its liberal stance on immigration, with the immigrant affairs Commissioner affirming their commitment to sanctuary policies. The city has spent billions on migrants, with increased projected spending, causing backlash from constituents and protests against the mayor’s policies.
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WeightWatchers files for bankruptcy protection to eliminate debt burden
WeightWatchers Files for Chapter 11 BankruptcyWeightWatchers has filed for Chapter 11 bankruptcy protection to eliminate $1.15 billion in debt and pivot towards telehealth services, with support from nearly 75% of its debt holders. The company, which recently ventured into prescription weight-loss drugs through its acquisition of Sequence, reported a 10% revenue decline in Q1 but a 57% increase in clinical subscription revenue. Interim CEO Tara Comonte emphasized the commitment to holistic health solutions as shares...
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