Business

• Goldman ‘stealth’ firing workers as firm announces new class of managing directors

  3-11-2023 Business NY Post - Business 48

  So far cuts seem to be concentrated on asset and wealth management and global markets with investment banking escaping largely unscathed, sources...

• Sinclair Broadcasting wants to scoop up bankrupt RSN giant Diamond Sports: sources

  3-11-2023 Business NY Post - Business 43

  Sinclair Broadcasting Group wants to pay pennies on the dollar to regain control of a nationwide chain of regional sports networks — which it had...

• Bill Ackman demands suspension of Harvard Law Review editor who accosted Jewish student

  3-11-2023 Business NY Post - Business 29

  Ackman demanded that Harvard suspend the students seen in the video and obstructing the way of an individual purported to be a supporter of Israel.

• Online maps from Chinese companies omit Israel’s name as war in Gaza rages

  3-11-2023 Business NY Post - Business 50

  The country name "Israel" does not appear on online maps on the Chinese search engine Baidu or the Alibaba-backed maps app Amap, though surrounding...

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• Net-A-Porter and Mytheresa reinstate Israeli fashion label after designer clarifies controversial video post

  3-11-2023 Business NY Post - Business 37

  “Over the weekend we became aware of a video posted by a designer that we felt crossed the line into inflammatory content.”

• Mormon church sued for allegedly using donations to pad its $175B investment fund

  3-11-2023 Business NY Post - Business 33

  The Mormon church is being sued by three of its members for allegedly misusing their combined $348,000 in donations to pad its billion-dollar...

• Amazon made $1B with Project Nessie secret algorithm: FTC lawsuit

  3-11-2023 Business NY Post - Business 26

  The FTC said Project Nessie identified specific products for which it predicted other online stores will follow Amazon’s price increases.

• Uber and Lyft to pay $328M to settle accusations of ‘stealing earnings’ from NY drivers

  3-11-2023 Business NY Post - Business 40

  Uber and Lyft will pay $328 million to settle accusations from New York’s attorney general that the ride-sharing giants were “stealing earnings”...

• White-shoe law firms tell law schools they won’t hire antisemites amid Israel-Hamas war

  3-11-2023 Business NY Post - Business 34

  Wall Street's most powerful law firms are warning university heads that they will not hire graduates who engage in "discrimination or harassment."

• Ford offers $50K buyouts for employees as part of UAW deal

  2-11-2023 Business Washington Times - Business 24

  Ford will provide $50,000 buyouts to eligible employees as part of the landmark agreement between the automaker and the United Auto Workers union.

• Disney to acquire the remainder of Hulu from Comcast for roughly $8.6 billion

  2-11-2023 Business Washington Times - Business 28

  Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney undisputed...

• Cedar Fair and Six Flags will merge to create a playtime powerhouse in North America

  2-11-2023 Business Washington Times - Business 32

  Cedar Fair and Six Flags are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.