Business | New York Post
Business | New York Post
FAA reveals flaw in another major Boeing plane that could result in fuel tank exploding
"This condition, if not addressed, could result in an ignition source inside the fuel tank and subsequent fire or explosion."
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Nvidia shares jump after AI chip maker unveils stock split, rosy sales forecast
Alphabet, Microsoft, Amazon and other technology companies have competed for a limited supply of Nvidia's high-end chips as they race to dominate AI computing.
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Ex-Goldman Sachs VP rips bank’s ‘man’s world’ culture: ‘I played golf, talked football, and cried in bathroom’
Lindsay MacMillan wrote that her grueling 7 a.m. to 10 p.m. daily schedule and long hours on weekends was dictated by "the male leadership."
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Goldman’s David Solomon says Fed unlikely to cut rates this year: ‘We’re set up for stickier inflation’
His comments came after Fed policymakers said the central bank should wait several more months to ensure that inflation really is back on track to its 2% target before cutting interest rates.
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Fed officials worried inflation too stubborn to justify rate cut
High interest rates “may be having smaller effects than in the past,” the minutes said.
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Citigroup fined $79M by UK regulators over ‘fat-finger’ failures that caused sudden fall in stocks
The bank's London unit had a series of failings that "crystallized into trading incidents," the most striking of which was a mistaken $444 billion order in May 2022.
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Google testing ads in AI-powered search as news publishers warn of looming disaster
Google derives the vast majority of its annual revenue from digital advertising, which generated $237.86 billion its bottom line in fiscal 2023 alone.
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Sam Bankman-Fried being transferred to new prison in Calif., overriding request to stay in Brooklyn
Sam Bankman-Fried is going to be transferred from a New York lock-up to one in California, against his wishes, according to a report. The convicted crypto-cook – who is appealing his 25-year prison sentence – is in the process of leaving Brooklyn Federal Metropolitan Detention Center for a prison in Mendota, California, sources told the Wall...
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Amazon to launch new AI-powered, conversational Alexa with monthly subscription fee: report
Amazon introduced Alexa in 2014 but has not found a consistent means to make it profitable, instead driving shoppers to the company's website for more purchases.
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Vivek Ramaswamy takes 7.7% stake in Buzzfeed, sending shares soaring
The Former Republican presidential candidate said the stock is undervalued, and heis looking to speak with Buzzfeed’s board and management.
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RFK Jr. says he invested $24K in GameStop after meme stock rally: ‘Apes together strong’
Kennedy, who is running as an independent in the 2024 race, expressed solidarity with retail stock traders – who refer to themselves in internet forums as “Apes” – in an X post on Tuesday announcing the investment.
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McDonald’s franchisees demand help with $5 value meal: ‘Simply not enough profit to discount 30%’
McDonald's franchisees warned their narrow profit margins won't allow them to sustain value deals without financial help from corporate management.
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NYC development near Seaport stuck in legal limbo is finally greenlit in latest blow to Engoron
The victory for Howard Hughes Holdings also marked another stinging slap in the face to Manhattan Supreme Court Justice Arthur Engoron, who presided over Donald Trump’s civil trial earlier this year.
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Survey reveals how female small business owners measure success
One in four female small business owners has taken a pay cut in the past year, according to new research.
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Panera’s super-caffeinated ‘Charged Lemonade’ caused perfectly healthy teen to suffer near-fatal heart attack: suit
Luke Adams, 18, of Monroeville, Penn., used the Panera Bread app to order a large Mango Yuzu Citrus "Charged Lemonade" on March 9, it was alleged.
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Google cuts check for DOJ while trying to dodge jury trial in digital ads lawsuit
“Google continues to dispute liability and welcomes a full resolution by this court of all remaining claims in the complaint,” the company’s filing said.
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Apple slams DOJ antitrust lawsuit alleging smartphone monopoly, urges dismissal
Apple said it "faces fierce competition from well-established rivals, and the complaint fails to allege that Apple has the ability to charge supra-competitive prices or restrict output in the alleged smartphone markets."
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Inflation still causing pain for Americans — with parents hit harder: Fed survey
Inflation remained the top financial concern, the report said. Sixty-five percent of adults said high prices had made their situations worse.
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Google, Meta, OpenAI pledge to develop AI safely at global summit
South Korea's presidential office said nations had agreed to prioritize AI safety, innovation and inclusivity.
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Food fight! Wendy’s takes on McDonald’s with new $3 breakfast value meal
Wendy's declared war on McDonald's discount meals by offering a new breakfast value meal as the fast food giants battle to lure back customers hit hard by inflation.
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Craig Wright forged documents ‘on a grand scale’ in false claim to be bitcoin inventor Satoshi Nakamoto: judge
"Dr. Wright presents himself as an extremely clever person. However, in my judgment, he is not nearly as clever as he thinks he is,” the judge said.
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