Business | New York Post
Business | New York Post
Major Paramount shareholder Mario Gabelli urges FCC to delay key decision on Skydance merger
Gabelli requested the delay so that he could probe for “potential fiduciary and/or federal securities violations” against Paramount's minority shareholders.
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Grubhub reportedly in talks to be acquired by Marc Lore’s Wonder startup
Grubhub is likely to be valued below $1 billion in any deal, The Wall Street Journal reported.
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Apple developing an iPad-like AI device that can be mounted on a wall: report
The product, code-named J490, could be announced as early as March, the report said.
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OpenAI co-founder Greg Brockman returns three months after leaving ChatGPT maker
Brockman, who was president, has been working with CEO Sam Altman on creating a new role for him to focus on significant technical challenges, Bloomberg reported.
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Spirit Airlines preparing bankruptcy filing after talks with Frontier Airlines collapse: report
Shares plummeted 35% in after-hours trading.
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Trump set for big U-turn on TikTok ban after concerted effort to block Chinese app in first term: Kellyanne Conway
President-elect Donald Trump is reportedly “expected” to attempt to block a potential US ban of TikTok ahead of a looming January deadline – according to longtime ally Kellyanne Conway and other unnamed advisers.
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CNN boss Mark Thompson to lay off hundreds after Election Day ratings wipeout: report
The struggling cable news giant will undergo an overhaul that will leave its television division diminished while beefing up its digital business.
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James Dolan abruptly scraps partnership with rival firm over Las Vegas NBA venue plan that could compete with the Sphere: sources
The billionaire Knicks owner has quietly broken off an unusual 14-month-old partnership with Oak View Group -- a rival firm co-founded by Dolan's longtime friend, the legendary concert promoter Irving Azoff -- which had aimed to attract a mega-buck sponsor for the Las Vegas Sphere, sources said.
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Fat cat Wall Street bankers set for bonus bonanza for first time in three years: study
New York bankers are expected to pocket bonuses as high as 35% as Wall Street deal-making roared back to life after the economic malaise after the COVID pandemic.
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Former DOJ antitrust lawyer Makan Delrahim angling for new role under Trump — but sources label him a ‘Google shill’
"Pro-Big Tech forces are clearly trying to push his name to the Transition, and it is a full court press to get him considered," one source with direct knowledge told The Post.
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Federal Reserve official warns Trump’s deportation plan could disrupt labor at some businesses
Minneapolis Federal Reserve President Neel Kashkari outlined his views on the impact of President-elect Trump's campaign pledge to deport illegal immigrants.
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X rivals Bluesky, Threads see influx of users after Trump election victory
As of Tuesday, Threads was the top rated "free" app on Apple's App Store. Bluesky was seventh on the list -- ahead of Instagram, Facebook and X.
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Disney broadens CEO search to external candidates to find Bob Iger’s successor
Embattled media giant Disney is expanding its search for Bob Iger's successor beyond the the walls of the Magic Kingdom, according to a new report.
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Why some Thanksgiving meals will be more expensive this year
Wells Fargo economists analyzed costs for a Thanksgiving meal including enough turkey, stuffing, salad, cranberries, dinner rolls and pumpkin pie to feed 10 guests.
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John Paulson rules out joining Trump administration as treasury secretary
Paulson told The Wall Street Journal on Tuesday that his "complex financial obligations" preclude him from joining the Trump administration.
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Elon Musk doubles down on going after Fauci: ‘My pronouns are still prosecute/Fauci’
“My pronouns are still prosecute/Fauci,” Elon Musk wrote on X on Tuesday.
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NY Times tech workers union ends strike — without new contract
A head of one of guild's units said the strike was a "warning" to management which demonstrated "our strength and our value" to the publication.
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Marc Lore’s food delivery service Wonder is making smart use of NYC’s vacant storefronts
Wonder is revolutionizing more than just cuisine in New York City. Since launching last year, the food delivery and take-out company has repurposed 19 vacant storefronts across Manhattan, Queens and Brooklyn. And Wonder, which also has locations in the ’burbs, as well as New Jersey, Pennsylvania, Rhode Island and Connecticut, plans to have 95 outposts...
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SUNY urged to probe no-bid contract with publishing giant accused of censorship
A trio of state senators called on the SUNY to investigate and consider cancelling its 5-year, $2.7 million contract with a powerhouse academic publishing company, Springer Nature.
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Chipotle shareholders sue after stock hammered by fallout from skimping on portion sizes
Shareholder said the truth came out as customers voiced dismay on TikTok and other social media, prompting Chipotle to reemphasize "generous portions" at its more than 3,600 restaurants.
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Lefties take to Meta’s Threads and post conspiracy theories about Elon Musk rigging election for Trump
One conspiracy theory that has been gaining currency alleges that Elon Musk utilized his Starlink internet satellites to hack into voting machines.
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Hedge funds shorting Tesla lost more than $5B after Trump win: report
Hedge funds that had short positions on Tesla between Election Day and Friday’s close suffered an on-paper hit of at least $5.2 billion, according to Bloomberg calculations based on data compiled by S3 Partners.
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Google News executive Shailesh Prakash resigns as tensions with publishers mount: report
A key executive from Google’s news division has reportedly resigned from his post – a departure that occurred during a period of rising tensions with publishers who have accused the search giant of siphoning critical advertising revenue.
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Blue state drivers brace for higher prices at the pump over tighter climate standards
The board says the updates are aimed at increasing cleaner fuel and transportation options for California drivers, and accelerating zero-emission infrastructure – all of which are part of the state’s broader aims to be carbon-neutral by 2045.
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FTX sues Binance for $1.8B, claims ex-CEO Zhao ‘set out to destroy’ firm
The estate of FTX has filed a lawsuit against rival firm Binance and its former CEO Changpeng Zhao in an effort to claw back nearly $1.8 billion linked to an allegedly “fraudulent” deal orchestrated by Sam Bankman-Fried.
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Feds probing recall of 1.4M Honda, Acura cars after more complaints of engine failure
The National Highway Traffic Safety Administration said it’s opening a recall query to determine the severity of the problem in vehicles not included in the 2023 recall.
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Trump transition boss Howard Lutnick, CEO of Cantor Fitzgerald, in running for Treasury secretary: report
Howard Lutnick, CEO of Cantor Fitzgerald, is a top ally of Trump who is heading transition team that is charged with staffing the next administration.
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Elon Musk backs call to place Federal Reserve under Trump’s control
Musk – the richest person in the world with a net worth of $304 billion, according to Forbes – played a central role in President-elect Donald Trump’s campaign.
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Costco forced to recall 80,000 pounds of butter for the dumbest possible reason
Costco was forced to recall nearly 80,000 pounds of butter because the label failed to mention that the kitchen staple contains milk — and many social media users are rolling their eyes at the diary dilemma. The FDA sent out an initial recall for 79,200 pounds of Kirkland Signature butter due to the undeclared allergen...
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