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Probing the mystery why feds have filed just 1 insider trading case in prediction markets after all the headlines
“Stay tuned.” That’s what US regulators are telling On The Money when asked about the notable lack of enforcement cases filed over suspicious trades in the futures and prediction markets surrounding big news events in the Iran war and elsewhere. So far, there...
Lawyers for Elon Musk, Sam Altman wind down OpenAI trial with testy parting shots
Elon Musk’s lead attorney wound down the landmark trial of OpenAI on Thursday with a blistering attack — again questioning the trustworthiness of the tech firm’s CEO Sam Altman — while a lawyer for the company insisted that Musk’s central claims were baseless....
‘CBS Evening News’ cameraman who collapsed on air was deployed from Tokyo on short notice: sources
The cameraman who collapsed during a live “CBS Evening News” broadcast in Taiwan had been deployed from Tokyo on short notice ahead of anchor Tony Dokoupil’s coverage of President Trump’s summit with Chinese President Xi Jinping, sources told The Post. In what...
AI-powered bank founded by Peter Thiel protégé wants to replace humans with code — will it work?
A 25-year-old protégé of billionaire Peter Thiel has built an AI-powered national bank that’s mostly run by code instead of humans – a radical departure from the traditional banking system that has endured for decades. Augustus Bank – named after the Roman...
Beverly Hills Hotel locked in brutal war with Kitson boutique — and no one is backing down
The iconic Beverly Hills Hotel has declared war against the LA boutique Kitson over stylized wording, and the scrappy owner isn’t backing down without a fight. In a legal showdown over a trademark dispute, the legendary pink palace is accusing Kitson of...
Mamdani pressures regulators to block $500M Western Union acquisition as anti-business blitz continues
There he Zos again. Mayor Zohran Mamdani again stoked fears he’s fostering an anti-business blitz in New York City after he tried pressure state regulators to block a $500 million merger deal, according to a new report. Hizzoner urged the New York State...
Cerebras shares skyrocket 89% in debut as AI frenzy sends chipmaker’s market cap above $100B
Shares of chip designer Cerebras Systems soared 89% above the initial public offering price on their Nasdaq debut, extending the market’s unrelenting frenzy for companies seen as the biggest beneficiaries of the artificial intelligence boom. Its shares opened...
Huge fitness facility with affordable apartments to replace Downtown NYC blight
Lower Manhattan’s most closely-watched, once-stalled development site is “fit” to rise. Chelsea Piers Fitness will launch a five-story, 76,000-square-foot health and wellness facility at 250 Water St., the one-acre empty lot that developer Tavros bought from...
Comcast is offering payouts in $117.M settlement over data breach – how to find out if you’re eligible
Millions of Comcast and Xfinity customers could soon be in line for cash payments after the telecom giant agreed to a proposed $117.5 million settlement tied to a massive 2023 data breach that exposed sensitive customer information. The class-action deal, filed...
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