By James Oliphant(Reuters) -Embattled New York City Mayor Eric Adams, who has faced a federal bribery indictment and stunningly low approval ratings as the leader of the nation’s largest city, dropped his bid on Sunday for a second term. Adams had struggled to raise money and trailed far behind Mamdani and Cuomo, who is running as an independent, in public opinion polls. Mamdani, a self-described democratic socialist, has alarmed much of the New York business community and some within the Democratic Party with his leftist views. The fear among Mamdani’s critics had been that Adams and Cuomo would split the opposition vote, giving Mamdani an easy victory. Mamdani, a previously obscure state legislator, pulled off a surprising victory over Cuomo in the city’s Democratic primary election.