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Here’s who’s moving from CBS News to MS NOW as cable outlet ramps up election coverage
A former “CBS Mornings” executive producer who was widely viewed as Gayle King’s right hand has landed at MS NOW as the cable outlet ramps up its political coverage ahead of the midterms. The Versant-owned network confirmed that Shawna Thomas will join as head...
Silicon Valley banker wants to swap his $8M estate for Anthropic stock: ‘Not your typical deal’
A Silicon Valley dealmaker is looking to swap his 14-acre estate for shares of the AI giant Anthropic – the latest sign of the lengths investors will go to get a piece of the red-hot artificial intelligence sector, The Post has learned. Storm Duncan, founder of...
Lufthansa slashes 20K flights to save jet fuel as Iran war drives up oil prices
The German company that owns Lufthansa Airlines and other European carriers said Tuesday that it would cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on jet fuel. The...
Elon Musk says Tesla expenses will rise ‘substantially in the future’ as he funds AI and robotic dreams
Tesla CEO Elon Musk said he expected the electric vehicle maker’s capital expenses would rise “substantially in the future” after it surprised investors on Wednesday with positive cash flow in the first quarter. “We’re going to be substantially increasing our...
Lululemon names Nike exec Heidi O’Neill as CEO amid pressure from founder — and shares tank
Lululemon Athletica picked a former top Nike executive as its next chief executive as the athletic apparel retailer known for its stretchy yoga pants faces pressure from its founder and a large activist investor to revive its struggling business, the company...
Swiss regulators demand UBS add $20B in safety reserves to prevent taxpayer-funded bailout
Banking giant UBS was ordered Wednesday to set aside an extra $20 billion in safety reserves in Switzerland as the government there moves to tighten rules aimed at preventing another taxpayer-funded bailout like the 2023 Credit Suisse collapse. Ministers want...
$425M Capital One settlement gets final green light — here’s how to claim your cash
Millions of current and former Capital One customers are in store for payouts after a federal judge gave a $425 million settlement the final green light this week. Judge David Novak of the US Eastern District of Virginia on Monday finalized an agreement with...
Party City plans major comeback, opens 100-plus mini-stores in California
Party City is bringing back the balloons. The once-dominant party supply chain — which filed for bankruptcy five days before Christmas 2024, after forty years in the business — is plotting a comeback in California and beyond through a new partnership with...
Months into ‘CBS Evening News’ gig, struggling Tony Dokoupil lags even further behind rivals in latest ratings
A few months after taking the anchor seat at “CBS Evening News,” Tony Dokoupil still lags far behind his rivals — and is actually losing viewers, the latest Nielsen figures show. The nightly newscast pulled in about 3.8 million viewers and fewer than 500,000...