Business

• Chinese developer Evergrande risking liquidation if creditors veto its plan for handling $300B in debts

  4-12-2023 Business NY Post - Business 26

  The company, the world’s most indebted property developer, ran into trouble when Chinese regulators cracked down on excessive borrowing in the real...

• Alaska Air to buy Hawaiian Airlines for $1.9 billion

  4-12-2023 Business NY Post - Business 18

  Alaska Air said on Sunday that it has entered an agreement to acquire Hawaiian Airlines for $1.9 billion, which includes $900 million of Hawaiian...

• Jury orders egg suppliers to pay $17.7 million in damages to Kraft, other suppliers for price gouging

  4-12-2023 Business NY Post - Business 24

  The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during...

• IRS penalty for underpayments soars to 8% — nearly triple what it was 2 years ago

  4-12-2023 Business NY Post - Business 26

  The IRS penalty for estimated tax underpayments has nearly tripled since 2021, which means gig economy workers and consultants could now have to...

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• Wells Fargo expansion at 20 Hudson Yards continues late-year commercial lease boom

  4-12-2023 Business NY Post - Business 22

  We weren’t exaggerating when we recently foresaw a “rolling thunder” cavalcade of large new office deals by year’s end. But the largest was one we...

• SL Green boosts portfolio with key deals at Park Ave. office towers

  4-12-2023 Business NY Post - Business 19

  SL Green CEO Marc Holliday should have plenty to crow about on the leasing front at Monday’s annual investor conference call. In a just-signed,...

• RemArms aims for Georgia after plant's 2 centuries in upstate New York

  3-12-2023 Business Washington Times - Business 22

  An Ilion, New York, gun plant that started in 1828 is set to close. Owner RemArms, the successor to historic gunmaker Remington Arms, is moving...

• Santos threatens slew of ethics complaints against former colleagues

  3-12-2023 Business Washington Times - Business 28

  Former Rep. George Santos, during a Friday night social media tirade, vowed to file a slate of ethics complaints against the lawmakers who were...

• Babylon Bee, Daily Wire fight woke corporate boycott of X by boosting advertising

  3-12-2023 Business Washington Times - Business 26

  Conservative media outlets may not have Disney's marketing budget, but they're increasing their ad buys on X in a show of support for owner Elon...

• Gun factory in upstate New York with roots in 19th century set to close

  3-12-2023 Business Washington Times - Business 24

  A gun factory in upstate New York with a history stretching back to the 19th century is scheduled to close in March, according to a letter from the...

• Elon Musk has a big X on his back as Bob Iger pulls ads from platform

  3-12-2023 Business NY Post - Business 26

  Disney CEO Bob Iger recently went public with his decision to pull ads from Musk’s X social media platform.

• BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

  2-12-2023 Business Washington Times - Business 25

  BMW is recalling a small number of SUVs in the U.S. because the driver's air bag inflators can blow apart in a crash, hurling metal shrapnel and...