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Real-life ‘Succession’ rocks Ray-Ban dynasty as heir launches $11.5 billion bid to buy out siblings
A bitter battle for control of the fortune behind Ray-Ban and some of Italy’s most powerful corporate holdings has exploded into public view after an heir to the Del Vecchio empire accused his family’s holding company of obstructing a multibillion-dollar...
Do you trust AI? Almost every American says no and believes humans are more helpful: survey
Over eight in 10 Americans don’t fully trust what AI tells them — and they opt to still explore original sources by themselves, according to new research.The poll of 1,200 U.S. adults revealed 86% are distrustful of AI results, and for 42%, this comes...
X is down for thousands of users who complain of broken timelines, error messages on platform
X users were left staring at error messages and broken timelines Monday morning after Elon Musk’s social media platform suffered a widespread outage that triggered a flood of complaints across the internet. Problems appeared to begin shortly after 9 a.m....
Influential economist Alan Greenspan who headed Federal Reserve for nearly two decades dead at 100
Alan Greenspan, the influential economist who led the Federal Reserve for nearly two decades and became one of the most powerful figures in global finance, died Monday morning at the age of 100. His wife, veteran NBC News journalist Andrea Mitchell, told CNBC...
Media, tech and advertising elite return to Cannes Lions Festival
The media, tech and advertising elite are steering their mega-yachts toward the French seaside town of Cannes, where the industry’s biggest names are set to wine, dine and hammer out deals worth millions. The rosé and champagne-fueled week-long event, known as...
Chef who fled communist country opens world’s first Michelin-starred Cuban restaurant
A chef who left communist Cuba behind is making culinary history in South Florida. Just four months after opening its doors in West Palm Beach, Emelina recently became the first Cuban restaurant in the world to receive a Michelin star — a distinction many chefs...
Beloved pizza chain turns America’s 250th birthday into summer-long celebration
Happy Joe’s Pizza & Ice Cream is turning America’s 250th birthday into a summer-long celebration. The Davenport, Iowa-based restaurant chain — which has three company-owned restaurants, 35 domestic franchised locations and nine international locations in...
Medallion Financial Corp. moving to 667 Madison Ave.
Taxi industry mogul Andrew Murstein hailed a ride to Leonard Stern’s 667 Madison Ave., joining an array of elite tenants at the boutique office tower. Murstein, whose family was a prime mover behind the city’s yellow cab industry, signed an 11-year lease to...
K-Pop company DearU to open flagship store in Union Square
DearU, a global K-Pop company, will bring its US flagship and its first permanent brick-and-mortar store, to 24 Union Square East. Newmark’s Jeffrey Roseman and Drew Weiss are the exclusive leasing agents for the property’s owners, the S. Klein Family LLC. The...
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