Business | New York Post
Business | New York Post
Boeing faces 10 more whistleblowers after two die: ‘People’s lives are at stake’
Lawyers for the dead men say they're "heroes" and don't want other whistleblowers to be put off. Boeing has lurched from crisis to crisis.
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Hims and Hers loses $210 million in stock value after CEO says he is ‘eager’ to hire anti-Israel protesters
The market cap of the company opened at $2.62 billion and closed at $2.41 billion, and share price continued to slide in after-hours trading on Friday and Saturday.
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Google blasted as ‘negligent’ over evidence destruction as landmark DOJ antitrust case wraps up
A federal judge blasted Friday Google over a “negligent” policy that resulted in the deletion of employee chat records as closing arguments wrapped up in a landmark antitrust case that could result in unprecedented changes to its core business.
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WWE COO Brad Blum resigns in wake of Vince McMahon sex trafficking lawsuit: report
Blum is identified in the lawsuit as having facilitated a no-show job for Grant at WWE during the time she alleged she was trafficked and assaulted.
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Paramount ends exclusive talks with Skydance without a deal: report
Paramount Global will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported Friday, citing people familiar with the matter. Shares of the media giant rose 3% in extended trading. A special committee of Paramount’s board, which was established to evaluate the media company’s options, spent months negotiating with Skydance and its...
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The IRS says audits are about to surge — here’s who’s most at risk
The IRS said in a news release Thursday that it's aiming to nearly triple its audit rate.
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Disney leadership ‘extremely frustrated’ with ABC News boss Kim Godwin, astonished by mismanagement amid Marciano exit: report
Debra OConnell, president of Disney's News Group and Networks, is reportedly dissatisfied with what she perceives as Kim Godwin's leadership style.
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Palantir CEO says Columbia protesters should do ‘exchange program’ in North Korea
Palantir CEO Alex Karp eviscerated anti-Israel protesters who have caused chaos on college campuses, saying they should be shipped off to North Korea as part of an “exchange program” to give them perspective. The software boss took aim at Columbia students who had shut down the Ivy League campus over the past weeks to rail...
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Trump Media auditor BF Borgers charged with ‘massive fraud’ by SEC, hit with ban
BF Borgers agreed to pay a $12 million civil penalty, and Benjamin Borgers agreed to pay $2 million, to settle the SEC's charges.
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Disneyland slashes ticket prices to just $50 a day for the entire summer — but there’s a catch
The discounted tickets go on sale on May 29.
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Layoffs at Byron Allen’s media company will hit 12% of workforce: sources
The comedian-turned media mogul is undergoing a $100 million cost-cutting initiative, sources said.
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Aldi reveals big grocery price change — here’s how it will affect customers
With grocery prices rising, when will customers get some relief?
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US job growth slowed to 175K jobs in April in possible sign of economic slowdown
US employers increased their payrolls by 175,000 in April — a notable slowdown from the average 276,000 new jobs per month created so far this year. Last month’s pace of hiring marked a change of tune from a recent trend in the labor market, where resilience has bolstered the Federal Reserve’s case that interest rates...
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Apple stock rallies after record-setting $110B stock buyback, largest in US history
Shares of Apple climbed 6% Friday after the iPhone maker announced a record-setting buyback program on the heels of second-quarter earnings topped Wall Street’s estimates. Apple announced Thursday that its board authorized $110 billion in share repurchases, a 22% increase over last year’s $90 billion authorization, Bloomberg earlier reported. The move marks the largest buyback...
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CEO of male hair loss and ED treatment brand is ‘eager’ to hire anti-Israel student protesters
"If you’re currently protesting against the genocide of the Palestinian people & for your university’s divestment from Israel, keep going. It’s working," Hims CEO Andrew Dudum tweeted.
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Paramount Global receives $26B offer from Sony, Apollo amid Skydance talks
Sony would be the majority shareholder and Apollo would have a minority stake, a source told the AP.
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Google grilled in closing arguments of landmark DOJ antitrust case: ‘You really think that DuckDuckGo is a competitor?’
Judge Amit Mehta is expected to rule later this year on whether Google has maintained an illegal monopoly.
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Boss of Peloton rival taunts bike maker, says he could do better job than outgoing CEO Barry McCarthy
“Peloton needs someone who knows the industry,” Lou Lentine told The Post. “I’m running the same company but smaller and we are doing the same things every day but better with fewer employees and less debt.”
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Apple unveils record $110B stock buyback as earnings beat low expectations
"We're looking forward to sharing some very exciting things with our customers" at events later this year, Cook said.
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