NY Post - Business
-
Big Lots was ‘too expensive’ — the discounter’s new owner says
“The former Big Lots got too expensive and the assortment wasn’t everyday,” said Lisa Seigies, chief executive of Variety Wholesalers, a discount...
-
Crypto firm Coinbase says hackers stole customer info by bribing employees, demanded $20M ransom payment
Coinbase estimated that it would have to spend between $180 million to $400 million “relating to remediation costs and voluntary customer...
-
UnitedHealth stock drops 17% after report it is being probed by DOJ for alleged Medicare fraud
The Wall Street Journal on Wednesday cited people familiar with the matter as saying that the probe has been ongoing since last year.
-
Foot Locker shares surge 85% after Dick’s Sporting Goods agrees to buy rival for $2.4B
It's the second major footwear deal this month after the $9.4 billion buyout of Skechers.
-
Telsa chair, Robyn Denholm, sold stock worth $230 million as company profits plunged
The chair of Tesla sold more than $230 million of company stock since Elon Musk’s endorsement of Donald Trump triggered boycotts and protests...
-
Bridgewater’s billionaire founder Ray Dalio to open office in Saudi Arabia: sources
The top firm will open up a base later this year in the Gulf kingdom, senior sources close to the Saudi government said.
-
Walmart warns ‘unprecedented’ price hikes are coming as tariffed goods start to hit shelves
The world's largest retailer warned it's facing a dynamic environment as it withheld a profit forecast for the current quarter.
-
Trump says he told Apple to stop making iPhones in India: ‘Had a little problem with Tim Cook’
Trump added that, following their discussion, “Apple will be upping their production in the United States.”
-
Ford CEO Jim Farley says tariffs level the playing field: ‘Fairest fight in decades’
“There are thousands of pieces in an F-150… we can’t make it without parts from China,” Ford CEO Jim Farley said. But Trump's recent deal with...
-
Dick’s Sporting Goods closes in on deal to buy rival Foot Locker: report
A deal could be finalized as soon as Thursday, according to The Wall Street Journal.
-
Norah O’Donnell’s strong coverage of Pope Leo XIV’s election could be her ‘resurrection’ at CBS
The fact that O'Donnell was able to steal the limelight last week is a perfect signal of the disarray at CBS News, according to one source close to...
-
Warren Buffett explains his stunning decision to step down from Berkshire Hathaway
Despite hand-picking his successor in 2021, many had suspected Warren Buffett, 94, would continue running the conglomerate for the rest of his life.