Business | New York Post
Business | New York Post
Hacker who stole and laundered billions in bitcoin with wife’s help gets 5-year sentence
Ilya Lichtenstein, 35, hacked into Bitfinex's network in 2016, using advanced hacking tools and techniques, and stole about 120,000 bitcoin, the feds said.
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Here’s what the big hedge funds were betting on before Trump’s election win
Many of the bets have become known as so-called Trump trades, corners of the market that at times were swayed by the Republican candidate's fortunes before the election and notched gains after his win.
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Citigroup probed by feds over ties to sanctioned Russian billionaire Suleiman Kerimov: report
Kerimov was sanctioned by the US in 2014 and 2018 in response to Russia's actions in Syria and Ukraine.
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Warren Buffett reveals craving for Domino’s, while cutting back on Apple — on Berkshire’s investment portfolio
Berkshire Hathaway also owned 404,000 shares of Pool, a distributor of swimming pool supplies.
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Trump’s transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation.
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Fed Chair Jerome Powell says no need to rush rate cuts, cites strong economy
Powell said the central bank still has faith in a continued disinflation process.
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I’ve known Polymarket’s CEO for years — here’s why the FBI raid is a scandal
The FBI’s raid on the founder of the online betting site Polymarket shows that the Lawfare Era under the Biden-Harris administration didn’t die after Donald Trump’s decisive victory on Election Day.
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FTC to investigate Microsoft’s cloud unit on antitrust concerns in last hurrah under Biden
The agency, led by anti-Amazon FTC Chair Lina Khan, is looking into claims that the company is abusing its large market share, according to a report.
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NYC’s Four Seasons poised to reopen this week — and restore claim as city’s priciest hotel
The Four Seasons was the first hotel to charge $1,000 per night, earning it the reputation as the most expensive in the city. Now, its least expensive room is more than double that amount.
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Why Matt Gaetz’s AG nomination could be ‘bad news’ for Google, other Big Tech monopolies
President-elect Donald Trump’s nomination of Republican Rep. Matt Gaetz to serve as attorney general could spell trouble for Google and other Big Tech giant accused of maintaining monopolies.
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Trump slams door on Jamie Dimon joining administration: ‘Will not be invited’
The JPMorgan CEO had been the subject of speculation as a Treasury secretary candidate in the build up to the Nov. 5 election.
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NYC office buildings brimming with workers at nearly pre-pandemic levels: ‘Work from home is dying’
It isn’t only a craving for comradery, but employer muscle that’s driven many back.
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Kraft Heinz ordered to face Mac & Cheese lawsuit over ‘no preservatives’ label
A federal judge said Kraft Heinz must face a proposed nationwide class action lawsuit over claims that its Kraft macaroni and cheese contains no artificial preservatives.
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Ben & Jerry’s sues Unilever for ‘silencing’ their pro-Palestinian support
The lawsuit is the latest sign of the long-simmering tensions between Ben & Jerry's and consumer products maker Unilever, which rejected the claims.
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X rival Bluesky gains 1.25M users in week after Trump’s victory
Some of the new users switched to Bluesky to boycott X over billionaire owner Elon Musk’s allegiance to President-elect Donald Trump.
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FBI raided home of Polymarket CEO over alleged illegal bets by US users: sources
The United States Department of Justice ordered a raid on Polymarket CEO Shayne Coplan’s home on Wednesday for allegedly accepting illegal bets from US users, sources told The Post.
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Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt to repair cars
The company warned it could incur up to $750 million of total costs related to the restructuring.
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Inflation remains stubborn as wholesale prices accelerate after Fed rate cuts
The October report on producer prices comes a day after the Labor Department reported that consumer prices rose 2.6% last month from a year earlier.
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Gary Vaynerchuk has some tough love for those who don’t embrace AI: Ride this wave or put your head in the sand and let it kill you
"The answer is to weaponize the opportunity instead of crying about it," the entrepreneur and media personality told The Post.
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‘Deadpool & Wolverine’ helps push Disney past Wall Street estimates: ‘Well positioned for growth’
"We've emerged from a period of considerable challenges and disruption," Iger told investors. "We're well positioned for growth."
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Boar’s Head listeria outbreak tanks sales at rival deli meat brands: ‘This one killed too many’
“We wanted to get the message out that we are a brand you can trust even Boar’s Head has squandered that to some degree,” said Robert Burke, CEO of Thumann's.
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Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The cuts, which come after a labor union strike, equate to 10% of its workforce.
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The Onion buys Alex Jones’ Infowars at auction — with help from Sandy Hook victims’ families
The satirical news publication The Onion won the bidding for Alex Jones’ Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims.
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How to get a free reusable red cup at Starbucks today
On Red Cup Day, Starbucks hands out free reusable red cups to customers who buy select drinks.
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Just Eat Takeaway sells Grubhub for $650 million, just 3 years after buying the app for $7.3 billion
European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the US platform just three years ago.
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E. coli cases climb to 104 in McDonald’s outbreak tied to slivered onions
Cases have been detected in 14 states, according to an update from the US Centers for Disease Control and Prevention.
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ABC brass scramble to bring in pro-Trump voices to ‘The View’ and other shows: ‘Panic mode’
ABC News brass are in "panic mode" as they hunt for conservative voices to balance the rabid anti-Trump rhetoric spewed by the hosts on “The View,” as well as those on other shows, The Post has learned.
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Polymarket ‘whale’ raked in $85M on Trump win — millions more than previously reported
The French Polymarket 'whale' raked in more than $50 million more than previously reported on President-elect Donald Trump's win.
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FBI seizes Polymarket CEO’s phone, electronics after betting platform predicts Trump win: source
The incident occured just a week after Polymarket successfully predicted President-elect Donald Trump's win.
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LA Times owner vows ‘very left’ overhaul, gives paradoxical reason for not endorsing Kamala Harris
Dr. Patrick Soon-Shiong blocked his editorial board from publishing its endorsement of Harris last month -- sparking subscription cancellations.
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