A Los Angeles tech investor and motivational speaker is salivating over a chance to get his hands on struggling meal kit company Blue Apron, The Post has learned. Tai Lopez, an investor in meat subscription service Farmers Box and owner of more than 700 acres of farmland in Virginia, says […]
Facebook says it is canceling F8, its annual conference for developers, as spread of the new coronavirus around the world is hitting companies hard, spurring them to suspend production, meetings, events and business travel The annual Facebook show is usually held in late April or early May in the San […]
Starbucks said on Thursday 85 percent of its stores in China were open, weeks after the coffee chain shut nearly half of its more than 4,000 stores in the world’s second-largest economy due to the coronavirus outbreak. “With the number of new cases in China slowing, we are seeing the […]
JetBlue said it plans to suspend change and cancellation fees for new flight bookings between Feb. 27 and March 11 this year, due to the coronavirus outbreak. The cancellation waiver applies to travel completed by June 1, 2020, the company said. US airlines and hotels are extending options for customers […]
Steven Seagal isn’t above the law, after all. The action-movie star agreed to pay more than $330,000 to settle allegations that he hid his hefty compensation package for promoting a fledgling cryptocurrency. Seagal, 67, touted a 2018 initial coin offering for “Bitcoiin2Gen” without revealing that the company behind it promised […]
Saks Fifth Avenue owner Hudson’s Bay Co. said on Thursday it won shareholders’ approval to take the Canadian department store operator private by chairman Richard Baker. Baker and his partners have been in a tussle with the company’s top shareholders and were forced to raise their takeover bid to around […]
Nearly half of the companies in a new survey predict falling revenues if things don’t return to normal by May.
DoorDash is valued at nearly $13 billion but has racked up massive losses.
Facebook honcho Sheryl Sandberg stood by her reputation as a “tough” but fair boss after a new book depicted her as a control freak known to tear into her underlings.
The US stock market plummeted into correction territory Thursday amid persistent fears about the coronavirus even after President Trump announced efforts to fight the outbreak.
The damage to the US economy from the coronavirus outbreak could actually look less severe in the statistics than it really is because of what the illness will do to international trade. The gross domestic product is the common way we measure economic conditions. A lot of things go into that […]
It was the board or his son, and he chose the son. A board director at Long Island-based Hanover Bank was ousted last week after the chief executive confronted him over the fact that his son had recently left to work at a competitor — a hotly contested defection that […]
Cryptocurrencies like bitcoin are crap. I’ve been saying this for a long time, although I have explained it more delicately in the past. Bitcoin and the other cryptocurrencies are nothing more than confidence games. They only have value if someone dumber than you thinks they are worth something and is […]
The latest report from the Atlanta Federal Reserve has the GDP going up by an annual growth rate of 2.6 percent in the first quarter of 2020. That’s better than the previous report of 2.4 percent growth. Strange that the Atlanta Fed is raising GDP estimates at the same time […]
There are now about 245 million pets in the US. The human population of the US was 327 million in 2018. So, if you exclude kids under 6 years old, there are enough pets for almost everyone in the US. And that’s good because a study conducted by SeniorLiving.org says […]