Business | New York Post
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Wall Street bonuses expected to surge this year — these bankers will benefit most Wall Street firms are expected to hand out bigger bonuses this year as investment banking, equity markets and fixed income trading make major rebounds, a survey showed.nypost.com
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Equinox debuts $40,000-a-year membership focused on helping members live longer Luxury fitness chain Equinox is poised to launch one of the most expensive annual gym memberships in the world, with a promise to help members live healthier and longer — for a cool $40,000 a year. Dubbed “Optimize by Equinox,” the program was created in partnership with lab-test startup Function Health to craft personalized health...nypost.com
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Embattled Peloton shares soar as private equity firms reportedly consider buyout Last week, Peloton CEO Barry McCarthy quit and the company announced job cuts to reduce costs after posting weak results.nypost.com
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Theranos fraudster Elizabeth Holmes has prison sentence shortened even further Convicted Theranos CEO Elizabeth Holmes seems to be a model prisoner at the women’s-only Texas lockup as her sentence was slashed for the second time in less than a year, according to updated Bureau of Prisons records. The 40-year-old Holmes, known behind bars as inmate No. 24965-111 at Federal Prison Camp Bryan, was sentenced to...nypost.com
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ABC News boss Kim Godwin ‘badmouthing’ new boss was ‘last straw’: sources Embattled ABC News president Kim Godwin stepped down after she was caught "badmouthing" her new boss -- the "last straw" in a "confluence" of bad decisions that included the bungled firing of weatherman Rob Marciano last week, The Post has learned.nypost.com
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Ad execs tout TikTok’s benefits for businesses in cringeworthy video: ‘So oblivious’ The timing of the video raised some eyebrows given the current bipartisan push on Capitol Hill to crack down on TikTok over national security concerns.nypost.com
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Jewish JetBlue customer’s booking canceled after he complained about flight attendant’s ‘free Palestine’ pin The airline reportedly called the police on Paul Faust, 54, just before his flight was set to take off from South Florida to Las Vegas on April 28.nypost.com
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RFK Jr. running mate Nicole Shanahan rips ‘cowardly’ Mark Zuckerberg for allegedly censoring documentary about him “Mark Zuckerberg, are you kidding me?! No amount of MMA fighting will make you look strong if you continue to behave so cowardly,” Shanahan said on X.nypost.com
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Tyson Foods’ shares tumble more than 9% as inflation crimps demand for meat Shares of meatpacking giant Tyson plunged more than 9% — the stock’s worst day since August — after the company said persistent inflation weakened consumer appetites for beef, pork and chicken purchases, biting into profits in the second quarter. At grocery stores, shoppers are prioritizing essential kitchen staples over discretionary categories thanks to persistent inflation...nypost.com
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Ex-Starbucks CEO Howard Schultz demands coffee chain revamp: ‘The answer does not lie in data’ Schultz wrote on Sunday that Starbucks needs to regain "a maniacal focus on the customer experience, through the eyes of a merchant."nypost.com
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Anna Wintour dodges Met Gala showdown as Condé Nast reaches tentative deal with union The union announced that concessions included a minimum base salary of $61,500, expanded bereavement leave, expanded family leave, and $3.3 million in total wage increases.nypost.com
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Jeff Bezos moved to Fla. and invested $60M into lab-grown meat — then Ron DeSantis banned it New Florida residents Jeff Bezos and his fiancée Lauren Sanchez announced a $60 million initial investment into sustainable protein, including “cultivated meats” — just before Gov. Ron DeSantis barred the sale of lab-grown meat in the Sunshine State. DeSantis signed the legislation, called SB 1084, into effect on May 1, casting it as a bid...nypost.com
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Tesla reportedly laying off staff in software, service teams just 1 month after mass firings Elon Musk's Tesla has been under pressure from dropping sales and an intensifying price war among automakers.nypost.com
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NY Times editor rips former colleague Bari Weiss: ‘She’s got a single note, and keeps playing it up over and over again’ The New York Times’ executive editor bashed former colleague Bari Weiss, who went on to launch independent news outlet “The Free Press,” saying “she’s got a single note, and keeps playing it up over and over again.” Weiss is also “missing a commitment to deeper reporting [at the Times] and a willingness to kind of...nypost.com
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Warren Buffett predicts feds will raise taxes to get massive fiscal deficit under control "I think higher taxes are likely," the billionaire investor said on Saturday at Berkshire Hathaway's annual shareholder meeting in Omaha.nypost.com
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Robinhood warns feds could penalize firm over crypto tokens traded on platform The SEC has adopted a tough stance toward the digital currency industry, arguing most cryptocurrency tokens are securities and subject to its registration rules, while crypto firms have accused it of overreach.nypost.com
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Microsoft readies new AI model to compete with Google, ChatGPT owner OpenAI: report Microsoft has been setting aside large cluster of servers equipped with Nvidia's graphic processing units along with large amounts of data to improve the model, according to the report.nypost.com
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Google bans deepfake-porn ads as ‘egregious’ AI nudes surge Google is sending a stern message to advertisers: Do not affiliate with the dark side of AI.nypost.com
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Jon Stewart says Biden is ‘so f—ing old’ he ‘just shouldn’t be president’ Stewart made the remarks at an appearance at the Netflix Is a Joke Fest, which debuted on the streaming service on Friday.nypost.com
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Ex-Trump aide Brad Parscale, who targeted Facebook ads in 2016 victory, now has his own AI platform Donald Trump’s ex-campaign manager Brad Parscale, who was the operative behind the ex-president’s election-winning Facebook ads in 2016, has debuted his own artificial intelligence platform. In a promotional video for the new platform, which Parscale claims will boost conservative campaigns, he touted “artificial intelligence that’s going to replace polling in the future across the country,”...nypost.com
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NY liquor stores prepare for battle with supermarkets over non-alcoholic booze They keep making a scene about us selling wine, so why would we give them even potato chips?"nypost.com
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Planters nuts recalled after discovery of potentially fatal contamination Healthy individuals who consume the organism could suffer short-term symptoms like high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, according to the voluntarily issued recall.nypost.com
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Embattled ABC News President Kim Godwin steps down: sources “I have decided to retire from broadcast journalism,” Godwin said in a memo to staff and obtained by The Post.nypost.com
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Brooklyn Fare Kitchen & Market opens largest location on Lower East Side It’s been nearly three years since we first reported the lease signing, but Brooklyn Fare Kitchen & Market finally opened last week at Extell’s One Manhattan Square condo tower on the Lower East Side. The 25,500 square-foot market is the largest of three Brooklyn Fares in Manhattan. Brooklyn Fare was founded by Moe Issa in 2009....nypost.com
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Park Avenue vacancy rate lower than before pandemic after recent large deals It’s no secret that some Midtown office corridors are doing better than others. Even so, a new Savills survey contains a remarkable finding: Park Avenue’s current availability rate of 8.9% not only compares favorably to Midtown’s overall 17.6%, but with Park Avenue vacancies in the prehistoric, pre-pandemic fourth quarter of 2019 — when it was...nypost.com
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New York City apartment evictions in 2023 not as bad as media say it is Bleeding-heart real estate myths die hard. Take propaganda that residential evictions are surging in the Big Apple. The false argument was endlessly cited to support so-called “good-cause eviction” (which would have made it near impossible to boot deadbeat tenants) and, later, to whine that the watered-down version passed by the state Legislature didn’t go nearly far...nypost.com