NY Post - Business
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Massive craft retailer Joann to shutter last of 500 stores this week after bankruptcy filings, dismal sales
The remaining stores span 47 states, including more than a dozen locations in New York.
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Elon Musk’s brain implant startup Neuralink surges in value to $9B: report
Neuralink raised $600 million in its latest fundraising and was estimated to be valued at $5 billion in 2023.
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US will maintain control of key US Steel decisions even with Nippon takeover: senator
“It’ll be a US CEO, a US majority board," said Republican Sen. David McCormick.
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Temu owner’s shares drop as profits are cut in half by Trump tariffs — CEO blames ‘radical change’
Temu’s business model has been hammered by President Trump’s tariffs, including his end to the de minimis exemption, which allowed overseas...
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Washington Post columnist Jonathan Capeheart quits editorial board over dispute with white colleague: ‘Robbing me of my humanity’
A black Washington Post opinion writer said he quit the newspaper’s editorial board over a dispute with a white colleague about a piece concerning...
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Goldman Sachs CEO David Solomon cracked down on leaks, pushed out critics: report
Solomon reportedly lashed out at critics, confronted departing executives with yelling fits and probed suspected leakers to the press.
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Trump’s spending bill to slash tax breaks for sports team owners
President Trump’s massive tax bill, which the House approved last Thursday, would chop the amount NFL and NBA owners could write off by half.
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Tesla sales plunge 49% in Europe as Elon Musk’s firm faces brand crisis, China rival
Tesla’s sales in Europe plunged in April as the electric car maker faced backlash over Elon Musk’s political work and rising competition from...
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Dow soars more than 400 points after Trump postpones 50% tariff on EU imports
The Dow Jones Industrial Average soared by more than 400 points -- or 1.16% while S&P 500 climbed 1%.
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Apple’s iPhone exports from India to US jumped 76% in push to avoid China tariffs
The move to India is angering both Beijing, which wants the iPhone maker to maintain its manufacturing in China, and President Trump, who has...
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How US stocks have flopped in 2025 — falling out of the Top 40 worldwide — because of Trump’s tariffs
US stocks have fallen out of the Top 40 with investors worldwide this year – and chart watchers can blame President Trump’s flip-flopping song and...
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Volvo Cars to slash 3,000 jobs in white-collar cutback
Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in...