NY Post - Business
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Izzy Englander tops Bloomberg 2024 chart of biggest-earning hedge funders
Englander settled his divorce from ex-wife Caryl for $1 billion in 2023 after she left him for another woman.
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Family that owns Hermès to reap $5.5B in dividends as French handbag maker outpaces rivals
In 2024, the personal luxury market contracted by 2%, and only a third of luxury brands managed to grow. Yet, Hermès defied the trend
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Trump Media, Rumble sue controversial Brazil judge who feuded with Elon Musk
Moraes has issued many rulings blocking social media accounts as he spearheaded a crusade against perceived attacks on democracy and the political...
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Scandal-ridden Nikola — known for its electric semi-trucks — files for bankruptcy
On Wednesday, the electric vehicle maker -- which paid $125 million to settle claims it misled investors -- said it is seeking an auction and sale...
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Trump cancels State Department subscriptions to NY Times, AP, Reuters
US embassy staffers in Europe will no longer have subscriptions to The Economist, the Times, Politico, Bloomberg News, AP and Reuters.
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TikTok receives $50 billion offer from US entrepreneur Reid Rasner to buy app
A wealthy Wyoming entrepreneur has made an offer to buy TikTok for nearly $50 billion, The Post can reveal. Reid Rasner, who owns both media and...
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Southwest to lay off 15% of corporate staff amid rising Wall Street pressure to slash costs
In total, 1,750 jobs will be affected, including 11 senior leadership positions, as the carrier strives to build a "leaner and more agile...
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Apple to launch new lower-price iPhone as it faces stiff Chinese competition
The tech giant is expected to introduce a new version of its iPhone SE, a somewhat more outdated smartphone that starts at just $429 on its website.
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CBS News exec Adrienne Roark, who reprimanded anchor over Israel interview, plans to exit network
Roark’s departure comes as CBS grapples with legal and political battles involving Trump and its controlling stakeholder, Shari Redstone.
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Trader Joe’s recalls frozen fruit product over ‘foreign material’ concerns: ‘Please discard’
Trader Joe's is asking its customers to throw away a certain frozen product over fears that it may contain plastic.
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KFC slammed over leaving Kentucky for Texas: ‘Disappointed by this decision’
Yum Brands said the move is part of its broader plans to designate two brand headquarters in the US — in Plano, Texas, and Irvine, Calif.
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Fed’s shift to ‘inclusive’ employment goal may be to blame for rising inflation: economists
Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering inflation.