Business | New York Post
Business | New York Post
US may hit new debt limit by Jan. 14, Treasury Secretary Janet Yellen warns Congress
The Treasury Secretary urged lawmakers to act "to protect the full faith and credit of the United States."
nypost.com
Big Lots reaches deal to keep hundreds of stores open, save jobs
The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
nypost.com
Barclays fires over a dozen bankers, traders before Christmas — without giving them bonuses: sources
The scrooges at Barclays canned 15 Wall Street workers out of the roughly 50 it pink-slipped last month, two sources with close knowledge of the situation said.
nypost.com
‘Squid Game’ stocks plunge after mixed reviews for second season of Netflix show
The Korean thriller was a surprise hit in 2021, leading Netflix’s most-watched titles list on every continent and becoming the first foreign-language series ever nominated for best drama at the Emmy Awards.
nypost.com
Starbucks loses appeal of NLRB ruling that found it illegally fired baristas
A federal appeals court largely rejected Starbucks' appeal of a NLRB finding the coffee chain illegally fired two baristas because they wanted to organize a union.
nypost.com
Kalshi shuts down betting on fate of alleged assassin Luigi Mangione
On Dec. 11, just one week after Brian Thompson was fatally shot in midtown Manhattan in what officials believe was a targeted attack, Kalshi listed wagers related to Mangione.
nypost.com
Dow tumbles over 500 points as year-end Santa Claus rally fails to ignite
All three major indexes were down more than 1% on Friday.
nypost.com
Disgraced crypto tycoon Do Kwon will finally be extradited to US from Montenegro
A South Korean national, Kwon is the former CEO of Terraform Labs, the company behind the stablecoin TrraUSD that collapsed in 2022.
nypost.com
OpenAI says it needs ‘more capital than we’d imagined’ as it details for-profit plan
The artificial intelligence firm laid out its plan for a for-profit structure in 2025.
nypost.com
Osamu Suzuki, who led automaker for more than four decades, dead at 94
Osamu Suzuki, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94.
nypost.com
Richard Parsons, former Time Warner CEO, Citigroup chairman dead at 76
The New York Times said the cause of death was cancer, citing Ronald Lauder, a longtime friend of Parsons and chairman of the board of Estee Lauder.
nypost.com
Mortgage rates rise for second straight week, highest since July
Highest rate this year was reached at the beginning of May.
nypost.com
Family-owned restaurant forced to close after ‘frivolous’ gender discrimination ‘Ladies Night’ suit
A popular restaurant in California's Bay Area is shutting its doors after settling a costly discrimination lawsuit -- over its 'Ladies Night' promotion.
nypost.com
Elon Musk’s chief cost-cutter is recruiting DOGE staff: report
Steve Davis has remained loyal to Musk for years, working across his companies and even sleeping overnight in the Twitter offices during Musk's acquisition in 2022.
nypost.com
Holiday sales jump more than expected as retailers slash prices
Heading into the holiday season, many US retailers described their consumers as "selective," "cautious" and "conservative," and making "needs-based" purchases.
nypost.com
Contractor for Chinese electric-car giant BYD denies slavery claims at Brazilian factory construction site
A task force said it had rescued 163 Chinese nationals who were working in “slavery-like” conditions at BYD’s construction site in northeastern Brazil.
nypost.com
Brooklyn startup It’s Electric is changing the way New York City charges EVs
It's Electric pays homeowners to allow a curbside EV charger to be installed in front of their building.
nypost.com