Business | New York Post
Business | New York Post
Goldman Sachs, Bank of America shareholders reject plan to split CEO, chair roles
At Goldman's annual shareholder meeting, the proposal by the conservative-leaning National Legal and Policy Center garnered 33% of shareholder votes, according to a preliminary tally, compared with 16% last year.
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NPR CEO slams Uri Berliner’s ‘bad faith distortion’ of her woke social media posts
Katherine Maher shrugged off criticism of her "woke" social media comments and pushed back on internal turmoil after a veteran staffer called out NPR for its left-leaning bias.
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Surging car insurance rates are squeezing drivers — and fueling inflation
Auto insurance rates rose 2.6% in March and are up 22% from a year ago.
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Boeing in ‘tough moment’ after posting $355M loss, scrutiny over midair blowout
Company executives have been forced to talk more about safety and less about finances since a door plug blew out of a Boeing 737 Max during an Alaska Airlines flight in January.
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Ex-Binance CEO Changpeng Zhao — who called SBF a ‘liar’ — faces 3 years for money laundering
Zhao, commonly known as "CZ" in crypto circles, was a key player in the dramatic collapse of FTX.
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Tesla stock soars 11% in premarket trading after Elon Musk promises affordable EV
Musk's announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company's most recent earnings report.
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Flyers may soon get a break over canceled flights, thanks to new DOT rules
The Biden administration on Wednesday slapped airlines with new rules that trigger instant refunds when flights are canceled and clamp down on “surprise junk fees.” Under the new Department of Transportation mandates, airlines must issue full cash refunds automatically rather in response to customer requests — including when flights are canceled or significantly changed —...
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Oracle founder Larry Ellison announces plans to move world headquarters to Nashville
Back in 2022, Oracle acquired Cerner for $28 billion. The Kansas City, Missouri-based company provides software for managing electronic health records.
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Vince McMahon claims sex-trafficking accuser would sneak into his penthouse to cheat on her fiancé: court docs
Janel Grant "would often visit" McMahon at his Stamford condo "at all hours, including at 2:30 a.m., to pursue their affair, according to Tuesday's court filing.
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Spotify reaches record high earnings — but misses target on monthly active users
Spotify's quarterly gross profit topped $1.1 billion for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.
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Tesla’s Q1 report: Revenue drops, but shares jump on Elon Musk’s plan to launch new models
The Musk-led firm's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition worldwide.
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FTC votes to ban noncompete agreements despite business groups’ vow to sue
According to the FTC, 30 million people — roughly one in five workers — are now subject to such restrictions.
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Adobe Photoshop unveils AI image generator Firefly after backlash over black Nazis
Adobe announced Tuesday it plans to roll out a tool for full artificial intelligence image generation in its Photoshop software later this year — months after being panned for rendering historically inaccurate photos. The company’s Firefly tool — akin to DALL-E and Stable Diffusion — will enable creative professionals to generate images from text, positioning Adobe to...
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Apple’s iPhone sales in China plummet nearly 20% in first quarter — worst since 2020
Apple, once the dominant player in the smartphone market, is now the third most popular brand on the mainland.
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Jamie Dimon says US economy is ‘unbelievable’ and booming
Still, he reiterated caution about the potential economic impact of deficit spending, inflation and geopolitical conflicts.
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FreshDirect’s 25-year delivery run may soon be over as parent company Getir looks to cut costs
Ahold gave Getir $151 million “to take FreshDirect off [its] hands,” and invested an additional $30 million into Getir.
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Megyn Kelly ‘has crocodile tears for’ Ilhan Omar’s daughter Isra Hirsi arrested at anti-Israel protests
"Could you spare me? I've only got crocodile tears for this person," Kelly told her audience during Monday's episode of "The Megyn Kelly Show."
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Google protest group says over 50 staffers were fired after anti-Israel sit-ins
“Google’s aims are clear: the corporation is attempting to quash dissent, silence its workers, and reassert its power over them,” No Tech For Apartheid said.
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Elon Musk blasts Australia’s ‘censorship’ after court orders X to take down terror video
A federal court ordered X to delete the footage of a teenager involved in a knifing attack against an Assyrian priest and others.
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Michelin-starred chef brings dazzling taste of India to East Village at Bungalow — but good luck scoring a reservation
For Khanna, Bungalow is about creating culture and community through the food. Those lucky enough to score a table are treated to a refined take on regional Indian-inspired fare.
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FTC sues to block $8.5B merger that would unite luxury brands Coach and Michael Kors
Tapestry had offered to buy Capri in August, hoping to create a US fashion behemoth that could effectively battle bigger European rivals such as Louis Vuitton parent LVMH.
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Trump set to make $1.25B ‘earnout’ bonus as Trump Media stock hits benchmark
Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the company on Tuesday.
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