Browsing: Business
The House Oversight Committee is calling for Federal Trade Commission Chair Lina Khan to be replaced, accusing her of infusing the powerful agency with “left-wing ideology” and allowing it to…
Two 20-something New Yorkers have added an entirely new dimension to the 2024 presidential election: legal betting. The new platform Kalshi offers the first legal election betting in the US…
David Ellison will fully control Paramount Global when it merges with his company, Skydance Media, according to a new regulatory filing. According to the amended Federal Communications Commission filing Tuesday,…
The maker of a popular baby powder brand expanded a nationwide recall of the product to nearly 42,000 bottles due to the risk they are contaminated with cancer-causing asbestos, according…
New York can support at least 1,000 more licensed marijuana retail stores if the state can crack down on illicit shops and roll out a “measured” approach to legal expansion,…
Former cryptocurrency executive Nishad Singh, who once shared a $35 million Bahamas penthouse with FTX founder Sam Bankman-Fried, was spared prison time by a judge on Wednesday for his role in the theft…
Starbucks CEO Brian Niccol on Wednesday told investors that he plans to overhaul Starbucks’ US locations, adding more comfortable seating, ceramic mugs and a coffee-condiment bar, with customer wait times of…
Facebook owner Meta Platforms beat analysts’ estimates for third-quarter revenue and profit on Wednesday, but warned of “significant acceleration” in artificial intelligence-related infrastructure expenses. The results sent mixed signals to investors about whether…
The US will effectively address its debt crisis by allowing inflation to rise slightly even though it may negatively impact savers and lower- to middle-income households, SkyBridge Capital founder Anthony Scaramucci said Wednesday, taking a contrarian view…
Inflation-battered diners are putting aside less time and money for extravagant chefs’ tasting menus – leading many Big Apple restaurants to ditch the pricey concept in favor of a la…