NY Post - Business
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Forever 21 goes belly-up and will shutter all US stores, blames Temu and Shein
The retailer's operating company is set to shut down all US operations, with liquidation sales already underway at more than 350 locations. The...
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Intel’s new CEO Lip-Bu Tan wants to revamp chipmaking, cut jobs: report
Lip-Bu Tan, a former member of Intel's board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on Tuesday.
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Egg smuggling from Mexico surges as prices in parts of US hit $10 per dozen
CBP is reporting a 36% nationwide increase in egg interceptions this fiscal year -- with certain border regions in Texas experiencing a 54% spike.
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PepsiCo buying prebiotic soda brand Poppi for nearly $2B as soft drink demand fizzles
Prebiotic sodas have become a top-growing category in the US within the carbonated drinks segment.
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Bank of America tightens oversight of junior bankers’ work hours after death of Leo Lukenas
Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by excessive time demands
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Telegram CEO Pavel Durov back in Dubai after Paris arrest over criminal activity on app
Telegram founder Pavel Durov – who left his native Russia years ago after tangling with the Kremlin over free speech – was arrested last August and...
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Voice of America goes silent as Trump signs executive order gutting network’s parent agency
Over 1,000 full-time employees from Voice of America and the Office for Cuba Broadcasting, which operates Radio and Television Martí, were impacted.
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Congress should ‘drop the hammer’ on Meta over whistleblower claims about China: tech watchdogs
Congress should “drop the hammer” on Meta after a whistleblower detailed the major lengths that Mark Zuckerberg allegedly took to get his apps...
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Boeing lost trust of Americans, needs strict oversight, Transportation Sec. Duffy says
Duffy also said the Federal Aviation Administration is not yet ready to lift a 38-plane per month production cap on the 737 MAX.
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Treasury Sec. Scott Bessent says there are ‘no guarantees’ there won’t be a recession
But Bessent, speaking to NBC's "Meet the Press," ruled out the chance of a financial crisis.
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Park Avenue supertall tower anchored by Ken Griffin’s Citadel begins long road to joining NYC skyline
The clock starts ticking Monday to win city approval for Midtown’s most ambitious development project — a 1.8 million square-foot,1,600-foot tall...
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‘Shark Tank’ star Barbara Corcoran unlocks real estate’s biggest dilemma that is bad for business
“A lot is going wrong” with the housing market right now, but “uncertainty” is the “biggest” problem of all, “Shark Tank” investor Barbara Corcoran...