Business

• Mormon church sued for allegedly using donations to pad its $175B investment fund

  3-11-2023 Business NY Post - Business 34

  The Mormon church is being sued by three of its members for allegedly misusing their combined $348,000 in donations to pad its billion-dollar...

• Amazon made $1B with Project Nessie secret algorithm: FTC lawsuit

  3-11-2023 Business NY Post - Business 27

  The FTC said Project Nessie identified specific products for which it predicted other online stores will follow Amazon’s price increases.

• Uber and Lyft to pay $328M to settle accusations of ‘stealing earnings’ from NY drivers

  3-11-2023 Business NY Post - Business 40

  Uber and Lyft will pay $328 million to settle accusations from New York’s attorney general that the ride-sharing giants were “stealing earnings”...

• White-shoe law firms tell law schools they won’t hire antisemites amid Israel-Hamas war

  3-11-2023 Business NY Post - Business 35

  Wall Street's most powerful law firms are warning university heads that they will not hire graduates who engage in "discrimination or harassment."

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• Ford offers $50K buyouts for employees as part of UAW deal

  2-11-2023 Business Washington Times - Business 24

  Ford will provide $50,000 buyouts to eligible employees as part of the landmark agreement between the automaker and the United Auto Workers union.

• Disney to acquire the remainder of Hulu from Comcast for roughly $8.6 billion

  2-11-2023 Business Washington Times - Business 29

  Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for approximately $8.6 billion, a deal that will give Disney undisputed...

• Cedar Fair and Six Flags will merge to create a playtime powerhouse in North America

  2-11-2023 Business Washington Times - Business 33

  Cedar Fair and Six Flags are merging, creating an expansive amusement park operator with operations spread across 17 U.S. states and three countries.

• Six Flags, rival theme park brand Cedar Fair to merge in bid to spark post-pandemic recovery

  2-11-2023 Business NY Post - Business 33

  Cedar Fair and Six Flags Entertainment on Thursday agreed to merge to spur a post-pandemic recovery that smaller US amusement park operators have...

• Apple shuts down employee Slack channels after workers ‘posted Koran verses, organized protests’: report

  2-11-2023 Business NY Post - Business 35

  Management at Apple decided to shutter the Slack channels after removing posts related to the war, according to a report.

• How small businesses are expanding their digital footprints

  2-11-2023 Business NY Post - Business 24

  Small businesses are interested in digitizing or further digitizing all aspects of their businesses, including bookkeeping and payments (53%),...

• Ex-Goldman banker gets 3 years in prison after giving his squash partner stock tips

  2-11-2023 Business NY Post - Business 36

  An ex-investment banker at Goldman Sachs was sentenced to three years in prison for illegally tipping off his squash partner about possible mergers...

• New Orleans swears in new police chief, Anne Kirkpatrick, first woman to permanently hold the role

  2-11-2023 Business Washington Times - Business 28

  Anne Kirkpatrick was sworn in Wednesday as the first woman to hold a permanent appointment as the chief of police in New Orleans.