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Business | New York Post
  1. Blackstone CEO to back Trump, cites economic concerns, rise of antisemitism Long viewed as a Trump ally, Schwarzman had said in 2022 he would not back the former president, saying it was time for the Republican party to turn to a new generation of leaders. .
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  3. Your Memorial Day barbecue will be 10% more expensive than it was last year thanks to inflation Americans can expect to pay more for their barbecue this Memorial Day weekend as inflation continues to push prices sky high.
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  4. Shares of company that makes Hoka sneakers, Ugg boots surge past $1,000 Deckers Outdoor's stock has been on a tear since the beginning of last year, and is up about 35% this year, after rising 67% in 2023. In contrast, Nike has dropped 15% this year.
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  5. Charlamagne tha God tells Megyn Kelly his thoughts on Joe Biden: ‘I’m not a fan’ Charlamagne tha God told Megyn Kelly that he’s “not a fan” of President Joe Biden while lamenting the fact that there are no viable third party options for Americans who plan to vote in the upcoming election this fall. Kelly invited the popular host of the nationally syndicated radio show “The Breakfast Club” on to...
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  6. Cancer victims file class action against Johnson & Johnson over ‘fraudulent’ bankruptcies A group of cancer victims sued Johnson & Johnson JNJ.N on Wednesday, accusing the healthcare company of committing fraud through repeated and continued efforts to use a shell company's bankruptcy to resolve tens of thousands of lawsuits alleging its talc products contained asbestos and caused cancer.
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  7. Ether ETF gets surprise approval from regulators in ‘exciting moment’ for crypto industry Nine issuers including VanEck, ARK Investments/21Shares and BlackRock hope to launch ETFs tied to the second-largest cryptocurrency after the SEC in January approved bitcoin ETFs in a watershed moment for the industry.
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  8. NYC startup Gravity plans to line streets with stylish ‘trees’ that can charge an electric car in 5 minutes Gravity Inc, led by CEO Moshe Cohen, collaborated with design firm Rangr Studio to develop the sleek, minimalist devices. The tall “trees” feature a maneuverable hinged arm and mounted cable system designed to be compatible with all major EV manufacturers, including Tesla and Rivian.
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  9. JFK Airport strike by airplane fuel workers during Memorial Day weekend averted after Gov. Hochul’s intervention A planned strike by fuel workers at John F. Kennedy Airport in Queens during Memorial Day weekend was averted after Gov. Kathy Hochul intervened to help settle the labor dispute, The Post has learned.
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  10. We work remotely from Chuck E. Cheese — our 9-to-5s should be fun, too Working remotely really is all fun and games.
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  11. Ex-Google CEO Eric Schmidt predicts AI data centers will be ‘on military bases surrounded by machine guns’ Schmidt said that the proliferation of AI knowledge in the next few years poses challenges to regulators.
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  12. Concertgoers share Ticketmaster horror stories as DOJ files suit: ‘What in the actual f–k?’ Music lovers took to social media to wonder why it took the government so long to act against Live Nation.
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  13. Nvidia’s shares soar after blowout earnings as booming AI demand fuels chip sector rally Expectations were high for Nvidia with its shares trading near record highs in the run-up to earnings.
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  14. Mortgage rates fall below 7% for first time in over a month in boost for homebuyers The rate on a 30-year mortgage fell to 6.94% from 7.02% last week, the third straight weekly decline.
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  15. Cracker Barrel’s stock in freefall after CEO admits chain ‘just not as relevant as we once were’ “They have a lot of senior consumers, so long term they need to migrate away from that consumer,” analyst Jake Bartlett said.
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  16. Nicole Shanahan walked away with more than $1B after divorcing Google co-founder Sergey Brin: report Shanahan, the 38-year-old who worked as a lawyer in Silicon Valley before entering politics, finalized her divorce from Brin last year.
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  17. DOJ sues Live Nation over high prices, seeks to break up Ticketmaster merger The DOJ and a group of 30 states and the District of Columbia argued the big concert promoter and Ticketmaster illegally inflated concert ticket prices and hurt artists.
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  18. Bill Ackman slams Uber for ‘ripping off NYC cab driver’ who said company doesn’t let him keep tips Billionaire hedge fund manager Bill Ackman said he confronted the CEO of Uber after his cab driver accused the ride-sharing app of not allowing him to keep tips. Ackman, the founder and CEO of Pershing Square Capital Management, wrote on his X social media account on Wednesday that he ordered a yellow cab in Manhattan...
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  19. NYC tourism still lags pre-COVID era amid crime concerns: report Big Apple tourism is on the upswing, but still lags behind pre-pandemic levels amid concerns about crime, according to a report released Thursday by state Comptroller Tom DiNapoli.
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