Browsing: Business
Billionaire investor Bill Ackman is once again flexing his political muscle — this time by publicly touting the New York mayoral candidacy of former hedge fund manager Whitney Tilson because…
Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship “high interest” savings account out of…
Landlords in fire-ravaged Los Angeles have jacked up rents — in some cases by more than double the price — in violation of California law against price gouging as thousands…
A town in Poland is encouraging Elon Musk to buy its vast 13th-century castle and turn it into his European headquarters. The mayor of Glogowek, Piotr Bujak, said Tuesday that he recently…
Jack Daniel’s maker Brown-Forman is slashing 12% of its workforce as more consumers cut back on their alcohol consumption, the company said Tuesday. Louisville, Ky.-based Brown-Forman – a 155 year-old…
If you haven’t noticed, BlackRock — yes, that BlackRock — is going unwoke. It’s also going far from broke, On The Money has learned. Wednesday before the bell, the big-money…
Don’t bother bringing a handful of quarters to an arcade in Queens that has become popular with adults looking to score luxury goods – like Hèrmes bags and Chanel wallets.…
Elon Musk was sued on Tuesday by the Securities and Exchange Commission for having failed to timely disclose purchasing more than 5% of Twitter’s common stock in March 2022 —…
ALDI is recalling some frozen taquitos after reports emerged of the product containing “potential foreign material,” the company said this week. The discount supermarket chain announced the recall on Monday. In a statement,…
Several workers at Los Angeles-based asset management firms, which in total oversee more than $4 trillion, are scrambling to find new homes — and some of the businesses are seeking…