Business | New York Post
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Inside the Daily Beast revamp: an ax-waving boss, dog pee on the carpet and Barry Diller ‘scurrying around’ Adding to the sense of dread, IAC's billionaire chairman Diller made a rare appearance in the newsroom this week — "scurrying around" in black silk pajamas and house slippers, according to a source.nypost.com
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Mark Zuckerberg’s Meta releases early versions of Llama 3 AI model in bid to catch ChatGPT The updated Meta AI assistant will be given more prominent billing within Meta's Facebook, Instagram, WhatsApp and Messenger apps as well as a new standalone website that positions it to compete more directly with ChatGPT.nypost.com
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New CEO of Planet Fitness required ‘unconscious bias training, hiring through DEI lens’ at previous job Colleen Keating, who has served as chief executive at rental service FirstKey Homes since 2020, will assume the CEO title officially on June 10.nypost.com
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Netflix crushes subscriber forecasts again with more than 9M new customers Netflix blew past Wall Street expectations for the second straight quarter on Thursday as ad-supported streaming plans helped bring in 9.3 million new customers as the streaming giant’s decision to crack down on password sharing continue to pay dividends. Earnings per share for January through March came in at $5.28, compared with $2.88 a year earlier....nypost.com
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Disneyland ‘cast members’ file petition to form labor union at California theme parks More than two-thirds of roughly 1,700 eligible workers signed the petition to seek an election through the National Labor Relations Board, and a vote will likely be held in May or June.nypost.com
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BlackRock, Wall Street firms reportedly steered billions to blacklisted Chinese companies The House Select Committee on the Chinese Communist Party concluded that through investments in index funds, American financial institutions funneled $6.5 billion last year to some 63 Chinese companies flagged by the US.nypost.com
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Airlines predict record summer travel — with surging demand for first-class seats Multiple airlines are reportedly anticipating carrying a record number of travelers this summer, including an increased demand in first class tickets.nypost.com
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GOP state AGs sue to block Biden’s crackdown on gas cars: ‘Radical green agenda’ Republican state officials have said the rules amount to an attempt by the administration to transform the American passenger vehicle market improperly through strict rules that make it difficult for manufacturers to not go electric.nypost.com
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Megyn Kelly stunned by Katie Couric comments about ‘jealous’ Trump voters: ‘Talk about not getting it’ Kelly played a clip of a recent interview that Couric gave to Bill Maher on his podcast in which she described political polarization in the country.nypost.com
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Taylor Swift fans in the UK have lost $1.2M from Eras Tour scams: bank Taylor Swift's loyal legion of Swifties in the United Kingdom have reportedly been scammed out of $1.2 million in their quest to see the pop star's coveted "Eras Tour."nypost.com
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NPR boss Katherine Maher opposed ‘free and open’ approach at Wikipedia: ‘White male Westernized construct’ Maher's "woke" social media posts came to light following the damning essay written by ex-NPR journalist Uri Berliner about liberal bias at outlet.nypost.com
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Two female execs leave UK energy giant BP in wake of ex-CEO Bernard Looney scandal Leigh-Ann Russell, BP's chief technology and innovation officer, and Anja-Isabel Dotzenrath, head of gas and low-carbon since 2022, are leaving.nypost.com
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Biden admin gives $6.1B to Micron Technology to help boost chip factories in New York Joe Biden’s administration reached an agreement to dole out a staggering $6.1 billion in government support for semiconductor manufacturer Micron Technology to produce advanced computer memory chips in New York and Idaho. Senate Majority Leader Chuck Schumer (D-NY) personally pursued US-based Micron to build what will ultimately be a set of four chip factories near...nypost.com
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Elon Musk admits Tesla sent ‘incorrectly low’ severance packages to some laid-off employees Tesla chief Elon Musk admitted in an internal email sent Wednesday that some of the staffers affected by the electric automaker’s 10% headcount reduction earlier this week had received “incorrectly low” severance packages. “As we reorganize Tesla it has come to my attention that some severance packages are incorrectly low,” Musk wrote in the brief...nypost.com
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Majority of US couples do not have an estate plan, study finds American investors in committed relationships overwhelmingly say they trust their partners and share the same retirement goals, but most have not put an estate plan in place, new data suggests.nypost.com
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I’m a Millennial boss — my Gen Z staff has wild work habits Millennial boss Grace Garrick is young, gorgeous, and trendy, but her Generation Z staff leave her feeling old and confused.nypost.com
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John Catsimatidis’ Red Apple Group taps energy exec to lead rollout of small nuclear reactors New York billionaire John Catsimatidis said his firm Red Apple Group is looking to make “green” energy affordable by developing a new breed of small nuclear reactors — and the company has hired a seasoned energy executive to lead the effort. The $7 billion conglomerate — which owns the Gristedes and D’Agostino’s grocery chains, as...nypost.com
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Boeing’s safety culture, manufacturing quality under fire as whistleblower claims he was told to ‘shut up’ "When you are operating at 35,000 feet," the size of a human hair can be a matter of life and death, Salehpour told the hearing.nypost.com
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Pepsi recalls ‘zero sugar’ Schweppes ginger ale — because it contained sugar The FDA said that PepsiCo launched an internal investigation which found that some of the products labeled "zero sugar" actually contained "full sugar."nypost.com
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Google lays off workers as part of ‘pretty large-scale’ restructuring The unspecified number of layoffs will affect teams in the company’s finance department, including its treasury and business services.nypost.com
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L.L.Bean announces layoffs, reduced call center hours due to online shopping surge The last time L.L.Bean conducted a round of layoffs was in 2020, when it axed 200 staffers.nypost.com
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TGI Fridays to finally go public through merger with UK franchisee owner There are already more than 600 TGI Fridays outposts across 44 countries, including roughly 233 in the US as well as locations across South America, the UK and Asia.nypost.com
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Superyacht sales took a dive in 2023 over surging costs, Russian oligarch sanctions Sales of superyachts — luxury boats more than 100 feet long — fell 17% in 2023, according to a new report that attributed the dip to soaring costs, long waiting lists and sanctions of Russian oligarchs. According to the SuperYacht Times’ latest State of Yachting report, there were only 203 sales of new superyachts last...nypost.com
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Google staffers arrested, placed on leave after 10-hour protest over $1.2B Israel contract The shocking protests included a complete takeover of Google Cloud CEO Thomas Kurian’s office in Sunnyvale by workers wearing traditional Arab headscarves.nypost.com
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Volkswagen’s only US plant faces union vote as UAW aims to expand beyond Detroit Volkswagen’s lone US plant on the southern border of Tennessee has become a battleground over worker representation as the United Auto Workers union seeks to expand its foothold beyond Detroit. Workers at the German carmaker’s Chattanooga, Tenn., plant — where VW assembled its ID.4 electric SUV — are set to vote on whether to join...nypost.com
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United blames $200M earnings hit on fallout from Boeing’s midair door blowout United is so reliant on Boeing that it revealed plans to pause pilot hiring in May and June until aircraft deliveries from Boeing resume.nypost.com
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Tesla asks investors to approve Elon Musk’s $56B pay package — months after it was voided by Delaware court Tesla asked its investors to vote again on chief executive Elon Musk’s $56 billion pay package — a deal approved by shareholders in 2018, but which was voided by a Delaware court earlier this year. In a proxy filing Wednesday, the electric-vehicle giant also said it will have shareholders vote on whether Tesla should move...nypost.com
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Red Lobster reportedly weighs possible Chapter 11 bankruptcy filing as labor costs soar Red Lobster is reportedly weighing a possible Chapter 11 bankruptcy filing in order to restructure its mounting debt. The seafood restaurant chain — which has 649 locations nationwide — has sought advice from law firm King & Spalding on how to shed some long-term contracts and renegotiate a chunk of its leases, people with knowledge...nypost.com