Browsing: Business
Fifth Avenue’s prime Midtown shopping stretch between East 40th and East 61st streets is the city’s no. 1 generator of office and retail property taxes compared to any similar set…
Netflix is reportedly interested in buying Lionsgate, the movie studio behind the “John Wick” and “Hunger Games” franchises, after it lost to out on acquiring streaming giant Roku to Fox…
The Palisades Village looks set to make a stunning comeback as Erewhon has revealed bougie groceries will return to Rick Caruso‘s mall in January. The Village will reopen in full…
Billionaire investor John Paulson won a major victory in his bitter fight with a former business partner after an arbitrator ordered about $48 million paid back to him and concluded…
Snap Inc. unveiled the company’s new “Specs” augmented-reality glasses on Tuesday with an eye-watering $2,195 price tag – and CEO Evan Spiegel is touting the devices as a potential replacement…
Someone “outpizzaed” the hut. Yum! Brands said Tuesday it is selling Pizza Hut for $2.7 billion, after years of lagging sales at the pizza chain. Private-equity firm LongRange Capital has…
Last-minute travelers might be in luck as international airfares have plunged below $1,000 for the first time since mid-March – but experts are warning it will likely be just a…
SpaceX shares jumped about 10% Tuesday morning for the third straight day of gains, surpassing Amazon’s market capitalization and briefly exceeding even mighty Microsoft. Following a record-breaking Friday IPO that…
New York’s newly enacted pied-à-terre tax could leave entire co-op buildings on the hook for hefty tax bills if a wealthy second-home owner refuses to pay — sparking alarm among…
Divergent Technologies, the company best known for 3D-printing parts for everything from Bugatti supercars to Tomahawk missiles, is opening a massive factory in Long Beach, Calif., equipped with a new…