Business | New York Post
Business | New York Post
Bill Ackman feels ‘sorry’ for Tim Walz after debate with JD Vance — here’s why
"JD Vance is whip smart, measured, unflappable and fair and respectful to Walz. What’s not to like?" Ackman initially reacted.
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Where’s the beef? Port strike disrupts hamburger supplies, frozen seafood: ‘This is a nightmare’
If the strike stretches out, the result will be either shortages of some food products, price inflation or both, experts said.
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MIT economist says AI can only handle 5% of jobs, fears stock crash
Just 5% of jobs will be replaced or heavily assisted by artificial intelligence within the next decade, according to calculations by Daron Acemoglu, an economist and professor at MIT.
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Union boss Harold Daggett rages against E-ZPass for costing union jobs in video weeks before strike shut down ports
“Someone needs to go to Congress and say, ‘Whoa, time out,’ this world is going too fast for us. Machines have got to stop,” he said.
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More than 20,000 Bank of America customers report outage on mobile banking app
Most customers reported having issues with their mobile banking accounts.
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Chipotle exec blames sales slump in Calif. on inflation — not state’s $20 minimum wage
The California-based company raised its menu prices after the state hiked minimum wage for fast-food restaurant workers to $20 an hour.
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Union boss behind port strikes has sprawling mansion in NJ — complete with Bentley, 5-car garage and guest house
Images taken by drone show the $1.7 million, 10-acre property in Sparta which comes equipped with an in-ground pool, spacious backyard patio.
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Jake Tapper calls ‘slicker’ JD Vance the ‘clearly more experienced’ debater in recap of Tim Walz matchup
CNN host Jake Tapper coughed up a compliment to Sen. JD Vance, calling his oratory skills "slicker" than his Democrat rival Tim Walz.
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ChatGPT owner OpenAI valued at whopping $157B after funding from Microsoft, Nvidia
The closing of the funds coincides with the company's ongoing restructuring efforts and executive changes, including the abrupt departure of its longtime Chief Technology Officer last week.
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Joe Biden backs dockworkers in labor strike, urges ocean carriers to offer ‘fair contract’
“Foreign ocean carriers have made record profits since the pandemic, when Longshoremen put themselves at risk to keep ports open,” Biden said in a post on X.
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Tesla shares sink after deliveries fall short — and here’s why Wall Street is alarmed
Tesla said deliveries rose 6.4% in the July-September period to 462,890 vehicles, marking its first quarter of growth this year. But the figure fell short of estimates.
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Will the dockworkers’ strike cause higher food prices? Experts weigh in
Unionized dockworkers at East Coast and Gulf Coast ports began a strike Monday that will affect the flow of goods through ports that handle about half of seaborne trade to the U.S.
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CNN’s Abby Phillip blasts Tim Walz’s ‘clear lack of preparation and execution’ during VP debate
CNN anchor Abby Phillip blamed Tim Walz’s disappointing performance on his inability to swiftly fact-check JD Vance.
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NYC ‘memorial’ dinner showcases Oct. 7 victims’ favorite meals to keep memories alive, help families heal
The tribute to the 1,200 people killed by Hamas terrorists is the brainchild of the Culinary Institute of Israel, called ASIF, which is creating an online resource titled "A Place at the Table."
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Telegram CEO Pavel Durov insists ‘little has changed’ in app’s privacy policies since his arrest
The tech mogul faces charges in France of facilitating child pornography and other offenses related to his lax content moderation policy.
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Nike sales slump 10%, shares plunge as new CEO faces massive challenge weeks before taking over
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as Air Max Dn and Pegasus 41 to revive demand.
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Meta rehired ‘disturbing’ former staffer who stalked, sexually harassed co-worker: lawsuit
The lawsuit -- filed in New York Supreme Court on Tuesday -- accused Meta of violating New York City’s human rights law by rehiring the former staffer and subjecting the victim to further harassment.
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Dockworkers strike threatens to reignite food inflation, spark holiday shortages for US consumers
A lengthy labor stoppage threatens to disrupt the holiday shopping season for Americans who could see shortages of car parts, furniture and alcohol.
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BlackRock’s Larry Fink sounds off on investors expecting huge Fed rate cuts
The Fed slashed interest rates by a larger-than-expected half-percentage point just over two weeks ago.
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Who is Harold Daggett, the union boss behind the port strikes who fought Mafia ties?
The longtime blue-collar advocate has fought against alleged ties to the Mafia in the past while he led a luxurious lifestyle.
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Controversial Taylor Lorenz leaves Washington Post weeks after calling Biden ‘war criminal’
Lorenz told The Hollywood Reporter on Tuesday that she is departing The Washington Post in order to launch her own newsletter on Substack.
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Snapchat failed to properly warn against ‘sextortion schemes’ targeting underage users: lawsuit
Snapchat failed to adequately warn its users about the extent of rampant “sextortion schemes” targeting underage users – even as employees debated internally about how to address the crisis without causing panic, according to an unredacted version of a state lawsuit released Tuesday.
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Struggling CVS slashing nearly 3K jobs: ‘Industry faces continued disruption’
The job cuts will not affect front-line jobs in CVS stores, pharmacies or distribution centers, a spokesperson said.
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Gen Z workers training to become plumbers, electricians as they lose faith in college degrees
Though blue-collar work has long harbored a negative reputation, one generation is singing a new tune, according to a new study.
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Fired ‘GMA’ weatherman Rob Marciano set to join CBS News despite alleged ‘anger’ issues
It is unclear when the 56-year-old will begin his new gig. A rep for CBS News did not immediately return requests for comment on why it hired scandal-scarred Marciano.
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Beachbody fitness company lays off a third of its workforce, shifts to affiliate model
Beachbody is shedding a third of its workforce and shifting to an affiliate program as part of an overhaul of its business model.
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7UP confirms limited release of ‘most overdue’ soda flavor: ‘Dream come true’
Talk of a new 7UP taste has been bubbling up — and the rumors are true.
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