Browsing: Business
The “happiest place on earth” is hiking up their food and beverage prices yet again — this time, with the largest hit on the park’s table-service establishments. Thirteen bars restaurants,…
Meta stock tumbled 9.4% Thursday on its disappointing earnings report – extending a record losing streak – even as Microsoft and chipmaker stocks soared. Menlo Park, Calif.-based Meta – which…
A key inflation gauge fell for the first time in six years while the economy grew at a weaker pace than expected, which would give the Fed more room to…
Stocks rebounded Thursday morning after a steep sell-off following the Federal Reserve’s meeting, as investors grew doubtful about Fed Chair Kevin Warsh’s willingness to tackle inflation by raising interest rates.…
UEFA, European soccer’s 55-member governing body, is set to boycott the World Cup and all other FIFA-organized competitions in protest of a $20 billion Wall Street-style takeover of the global…
Italian pastry shop La Guli, a beloved Astoria institution since 1937, has served its last gingerbread house. Third-generation owner and chief baker Maria Notaro posted on Facebook on Sunday that…
New York City business leaders aren’t inclined to go to war with Zohran Mamdani – but his latest stunt surrounding the controversial pied-à-terre tax is forcing them to reconsider, On…
Meta Platforms reported a precipitous 91% drop in second-quarter free cash flow on Wednesday, underscoring the financial strain of the social media giant’s costly AI buildout despite an uncertain payoff. The Facebook…
The U.S. Federal Trade Commission sued Hims & Hers on Wednesday alleging the telehealth platform shared users’ health data with online advertisers, despite promising privacy, and engaged in deceptive billing and cancellation practices.…
Diamonds may be a girl’s best friend, but the business just ain’t what it used to be for De Beers. The onetime diamond monopoly is reportedly looking at a $1…