Business
Chief Morgan Stanley strategist predicts 10% market correction is ‘highly likely’ before presidential vote
The analyst warned investors on Monday of a “choppy” third quarter.
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Apple Watch reportedly to have larger screen, other upgrades in Series 10 models
Bloomberg reported the planned upgrades for the two Apple Watch Series 10 models may be linked to the smartwatch celebrating its upcoming 10-year anniversary.
Sun Valley 2024: Paramount, AI, the NBA and Disney -- and why Warren Buffett won't be at 'summer camp for billionaires'
The invite-only events on the lodge’s sprawling grounds are a closely-guarded secret to the public, but the annual conference has traditionally served as a hotbed for dealmaking among moguls like...
Collapse of Archegos hedge fund driven by Bill Hwang's 'lies and manipulation': prosecutor
Assistant US Attorney Andrew Thomas told jurors that Bill Hwang manipulated stocks and worked with co-defendant Patrick Halligan to lie to the banks with which they traded.
China-owned fast-fashion site Shein's US expansion plans pose cybersecurity risk: experts
US security experts warn that Shein's plans to expand its influence across the US supply chain could lead to the abuse of consumer data.
Activist investor threatens Southwest Airlines with board fight: 'Profoundly out of touch'
Elliott, known for pushing changes to boost shareholder returns, has called for a reconstitution of Southwest's board with "new, truly independent" directors possessing expertise in airlines, customer experience and technology.
Skydance CEO David Ellison -- and scandal-scarred media exec Jeff Shell -- signal $2B in cost cuts for Paramount
Ellison -- the son of tech tycoon Larry Ellison whose Hollywood production company is behind “Top Gun: Maverick” and “Mission: Impossible -Dead Reckoning” -- said Monday that he sees over...
COVID pandemic caused whopping $18T in economic damage to US: report
The pandemic was "the most disruptive and costly event of the 21st century" and that the worldwide excess deaths from COVID were estimated to be 28 million.
Social media influencers cool to Biden after backlash from followers: 'People my age do not want to vote for you'
Jae Gurley, a 24-year-old black and transgender fashion creator with 1.7 million followers on TikTok, said young people won't vote for the president.
Fox News host slams 'dozens' of Biden allies who weren't 'able or willing' to defend president on show
The Fox News anchor said her team had been working "around the clock" contacting "dozens" of Biden advocates to no avail.
Goldman Sachs banker fired after pleading guilty to sexually assaulting niece
Ronan O'Grady, 33, who had been working as a private wealth adviser at Goldman's London offices since 2017, was sentenced to two years in prison.
Sphere's the deal in Las Vegas after dizzying, dazzling year — but MSG boss James Dolan aims for even more
It was a very good year for the Sphere.
Wedding planners cry foul as The Knot adds to its powerful nuptials network
The Knot has quietly acquired a startup called Simply Eloped – and the deal is stoking concerns that the controversial firm is seizing too much control over the wedding planning...
Paramount, Skydance merger deal ends Redstone era
The Paramount-Skydance deal came together after months of talks that appeared to have derailed when Redstone abruptly called off negotiations on June 11.
Special committee of Paramount Global endorses plan to merge with Skydance Media, source says
Tech scion David Ellison moved one step closer to gaining control of Paramount Global, with a special committee voting Sunday to support a merger with his Skydance Media, a source...
Big deal to bring Ikea to empty Midtown lot raises bigger questions
It’s major news that Sweden’s Ingka Investments, which owns most Ikea stores, formed a “strategic alliance” in Extell’s planned, one million square-foot mixed-use tower at 570 Fifth Ave.
Park Avenue office tower lures another tenant amid major upgrades
Tradeweb Markets signed for 76,000 square feet on two full floors at SL Green’s 245 Park.
NYC developer Michael Shvo's spat with posh member's-only Core Club takes ugly twist
As we reported on June 27, he faces a $600 million lawsuit by the Core Club for an alleged, "sinister" fraud scheme involving the club’s location at 711 Fifth Ave.
Sam's Club members threaten to jump to Costco after wholesale giant chops key perk
Sam's Club Plus members threaten move to Costco as a result of changes taking place Aug. 19
Thousands of pounds of liquid egg products recalled by manufacturer: 'Should be thrown away'
A food manufacturer is recalling thousands of pounds of liquid egg products due to "misbranding," according to the U.S. Department of Agriculture (USDA).
Here's how much the cost of postage stamps will rise – despite the recent increase
The U.S. Postal Service (USPS) is expected to raise the price of its postage stamps again, which would be the second time in 2024 that the cost of stamps has...