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Iconic American beer brand fizzling out after nearly 200 years of brews
One of America’s once-dominant beer brands is being discontinued after more than 175 years. Schlitz Premium, a beer brand that traces its roots to Milwaukee in the 1840s and was once among the largest breweries in the country, is being put “on hiatus,” parent...
The economic rollercoaster: Why a gold IRA is your best hedge against inflation
New York Post may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Economic news has been a rollercoaster ride for the better part of the decade. First, the pandemic sent prices...
Amazon’s Jeff Bezos calls for zero income taxes on bottom half of earners: ‘Stop taxing them’
Amazon founder Jeff Bezos said Wednesday the bottom half of earners should pay zero federal income taxes – arguing it’s unnecessary for struggling families to cough up their hard-earned dough in the wealthiest country in the world. Speaking to Andrew Ross...
Sam Altman’s OpenAI reportedly preparing to file for blockbuster IPO soon
OpenAI is preparing to file for an initial public offering in the coming days or weeks, the Wall Street Journal reported Wednesday, citing people familiar with the matter. The ChatGPT maker is working with bankers at firms, including Goldman Sachs and Morgan...
California’s Intuit to slash thousands of jobs, cut workforce by 17%, internal memo shows
Tech giant Intuit is shuttering its Los Angeles-area office and slashing thousands of jobs worldwide in a sweeping shakeup that comes as Silicon Valley races to embrace artificial intelligence. The company behind TurboTax, CreditKarma and QuickBooks is laying...
Paramount reportedly aims to finalize Warner Bros. Discovery deal as soon as July
Paramount Skydance is reportedly aiming to finalize its merger with Warner Bros. Discovery as soon as July. Paramount, home to CBS, Paramount Pictures and Paramount+, is internally eyeing July 15 as its target date to finalize the deal, the Status newsletter...
James Murdoch buys New York magazine, Vox podcast network
James Murdoch’s Lupa Systems said Wednesday it has inked a deal to buy New York magazine, Vox Media’s podcast network and news site Vox.com. Terms of the sale, which covers about half of Vox Media, were not disclosed. People familiar with the deal said it came...
Ex-TV news anchor loses $60K after scammers said she won millions in Publishers Clearing House sweepstakes
A former Hawaii TV news anchor says she was left feeling “ashamed” after scammers conned her out of nearly $60,000 with a fake Publishers Clearing House sweepstakes prize. Linda Coble, 79, who made history as Hawaii’s first female TV anchor in 1971, said she...
Mark Zuckerberg’s Meta kicks off major bloodbath with 8,000 layoffs as AI roils tech giant
Mark Zuckerberg’s Meta on Wednesday kicked off a major bloodbath with 8,000 layoffs – among the largest in the social media giant’s history – as a disruptive shift toward artificial intelligence continues to roil the tech giant. Employees were told in April...
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