News Categories
Business
COVID-19
Economy
Legal
Lifestyle
New York City
Politics
Real Estate
Sports
Business News
The IRS’s new CEO just hired one of Jamie Dimon’s most trusted lieutenants
Frank Bisignano wants to run the Internal Revenue Service like an efficient private company – and this week he hired Jamie Dimon’s private banker to help him do just that, On The Money has learned. Vince La Padula has spent the past 23 years at JPMorgan running...
Red Lobster’s disastrous ‘Endless Shrimp’ deal was owner’s scheme to squeeze profits: lawsuit
The $20 “Endless Shrimp” deal that ultimately sent Red Lobster into bankruptcy wasn’t just a failed experiment – but a scheme by its owners to squeeze the company, according to a new lawsuit. Leading up to its 2024 bankruptcy filing, Thai Union – a major...
Ex-Facebook policy chief sues Meta to overturn order barring her from speaking about explosive memoir
A former Facebook policy executive is suing Meta over an arbitration order that has barred her for more than a year from speaking about her explosive memoir detailing her six-year tenure at the tech giant. Sarah Wynn-Williams alleged Meta has used an invalid...
Anthropic accuses Alibaba of campaign to ‘brazenly’ and ‘illicitly’ rip off its AI capabilities
Anthropic accused the Chinese tech giant Alibaba of “brazenly” and “illicitly” trying to extract its artificial intelligence capabilities – carrying out “the largest known distillation attack on Anthropic to date.” Anthropic detailed the alleged violation of...
Apple hikes MacBook, iPad prices due to memory chip shortage – here are the products getting hit
Apple raised prices on a slew of its MacBook and iPad products on Thursday, blaming the hikes on an AI-driven surge in demand for memory chips. The company’s website briefly went down in the morning, then came back online with higher prices hitting its laptops...
Anthropic’s ‘weirdo’ CEO Dario Amodei replaced by co-founder in high-stakes White House meetings: report
Anthropic CEO Dario Amodei has been replaced by his co-founder Tom Brown at high-stakes White House meetings – where the artificial-intelligence giant’s outspoken boss was reportedly “being a weirdo,” according to a report. Amodei and other top Anthropic...
GOP lawmakers urge EU to scrap environmental rules that could cost US companies billions
Key Republicans in Congress are urging the European Union to reverse strict new environmental and human rights requirements that could cost US businesses billions of dollars more annually, The Post has learned. In a letter sent Thursday to the EU’s US...
JPMorgan names co-presidents, setting up new horse race to succeed CEO Jamie Dimon
JPMorgan Chase on Thursday appointed a pair of senior executives to newly created co-president roles — setting up what appears to be a new horse race to succeed chief executive Jamie Dimon. At the same time, the Wall Street giant announced the retirement of...
Californians enraged by massive PG&E price hikes projected by watchdog group
Furious Californians have slammed PG&E after a watchdog warned utility charges from the company could soon increase by hundreds of dollars per person per year. The energy giant’s 16 million customers may see fees spike by as much as $840 by 2030, according...
96°F
