Business
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Dockworkers strike may cause food inflation, Christmas holiday shortages for US consumers
A dockworkers strike that has idled more than a dozen of the largest ports across the Eastern US threatens to…
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CVS slashing nearly 3,000 jobs in cost-cutting drive
CVS Health announced that it will cut 2,900 jobs as part of a cost-cutting plan. The layoffs will mostly affect corporate…
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Harvard’s endowment among Ivy League’s worst-performing funds after years of overpaying managers: report
Harvard University’s endowment ranks second-to-last among Ivy League schools in annualized returns over the last 20 years — hurt partially…
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Dockworkers at ports from Maine to Texas go on strike, a standoff risking new shortages
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation…
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NY betting watchdog cites Wynn, Resorts World Vegas scandals as concern for pending casino bids
What happens in Vegas doesn’t always stay in Vegas. Recent betting scandals on The Strip could be potential roadblocks for…
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1290 Sixth Avenue skyscraper adds ‘eagle’ nest with Five Iron Golf
The once-staid office tower at 1290 Sixth Ave. is joining the avenue’s fast-growing fun, food and games parade. Owner Vornado…
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Fed’s Jerome Powell hints at more rate cuts but warns of ‘two-sided’ risks
The US economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest…
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Epic Games accuses Google, Samsung of illegal collusion with ‘auto blocker’ feature in antitrust suit
“Fortnite” maker Epic Games filed its second antitrust lawsuit against Google on Monday, accusing the search giant of illegally colluding…
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Costco members prioritize value with $1.50 hot dog deal on news of fee hike
Costco Wholesale shoppers have turned to the retailer’s deals – like its $1.50 hot dogs and $4.99 roasted chickens –…
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Hedge fund manager giant inks hush-hush lease at revamped NYC office building
The Manhattan office market continues to surprise with unexpected new leases and expansions – and now, a most unlikely relocation…
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