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Goldman Sachs restates quarterly earnings on 1MDB settlement

Aug 7, 2020 5:41 pm

Goldman Sachs on Friday lowered its previously stated quarterly earnings as the bank set aside more money to pay for its settlement with the Malaysian government over the multi-billion-dollar 1MDB sca...

Coronavirus helps subscription numbers at struggling Dish Network

Aug 7, 2020 3:51 pm

The coronavirus pandemic has helped stanch the bloodletting at Charlie Ergen‘s struggling satellite TV company Dish Network. The Englewood, Colo.-based company on Friday reported fewer than ...

Facebook gives employees $1,000 as it extends remote work to July 2021

Aug 7, 2020 2:29 pm

It’s looking like Big Tech isn’t going back to the office anytime soon. Facebook this week announced it will allow its employees to work from home until next July, following in the...

US economy?s growth slows in July, adding 1.8 million jobs amid COVID-19

Aug 7, 2020 12:49 pm

The US economy's growth slowed in July, adding just 1.8 million jobs following skyrocketing numbers of COVID-19 cases in states like Texas and Florida.

TikTok threatens legal action against Trump?s executive order to ban app

Aug 7, 2020 11:33 am

TikTok has threatened legal action following President Trump's executive order banning transactions beginning in 45 days between American firms and the Chinese parent company of the app.

UrbanSpace to bring fresh business to NYC?s Union Square amid COVID-19

Aug 7, 2020 2:25 am

The fifth UrbanSpace in Manhattan, slated to open in 2021, will offer interactive online ordering with is traditional ?curated? food stands.

AMC revenues plummet in ?most challenging quarter? in 100 years

Aug 6, 2020 9:57 pm

AMC Entertainment, the nation’s largest movie theater chain, said it lost half a billion dollars in the second quarter, making it the company’s worst quarter since it was founded i...

City Council moves to extend food delivery caps on Grubhub, UberEats

Aug 6, 2020 9:40 pm

Food-delivery companies like Grubhub and UberEats can expect their margins to get squeezed in the Big Apple for a while longer, The Post has learned. City Council members are slated to meet Aug. 13 to...

Uber?s food delivery business doubles as ride demand crushed amid COVID-19

Aug 6, 2020 9:16 pm

Uber Technologies Inc said demand for its food delivery service more than doubled in the second quarter as many users remained largely homebound, while demand for ride-hailing trips was only marginall...

Growing number of nations consider TikTok ban over China ties

Aug 6, 2020 6:02 pm

President’s Trump looming TikTok ban may only be the beginning of the popular video app’s headaches, as a growing number of nations are becoming suspicious of its ties to China. US...

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Ghislaine Maxwell reportedly wanted to recruit Paris Hilton for Epstein

Aug 7, 2020 7:36 pm

Ghislaine Maxwell wanted to recruit Paris Hilton for pedophile pal Jeffrey Epstein when she spotted the striking then-teen in New York in the early 2000s, a report said Friday. When Maxwell saw Hilton...

Portland mayor rips into rioters for ?attempting to commit murder?

Aug 7, 2020 7:32 pm

Portland Mayor Ted Wheeler tore into rioters who set a blaze at a police station while blocking exits, calling the violence an act of ?attempted murder” ? but that didn’t stop fire...

Coronavirus is giving plastic surgery a lift in patient demand

Aug 7, 2020 7:22 pm

The plastic surgery business is booming thanks to the coronavirus. In mid-March, non-essential services such as cosmetic surgeons and dermatologists in major hubs like the Big Apple and Los Angeles we...

Fauci says COVID-19 vaccine may only be 50 percent effective

Aug 7, 2020 7:07 pm

The odds of the eventual coronavirus vaccine being highly effective are “not great,” White House infectious disease expert Dr. Anthony Fauci said Friday ? noting that a success rat...

NYC?s Columbus Day Parade canceled due to coronavirus pandemic

Aug 7, 2020 6:43 pm

The Columbus Day Parade has become another casualty of the coronavirus pandemic. Organizers said the Oct. 12 parade celebrating Italian-American heritage will be canceled and replaced with virtual eve...

Video captures Beirut furniture store blown apart after explosion

Aug 7, 2020 5:54 pm

Two cameras inside a Beirut furniture store captured the terrifying moment the city was rocked by a massive explosion, which sent a group of people at the business running for their lives amid the dev...

US to sanction Hong Kong leader Carrie Lam, others amid political upheaval

Aug 7, 2020 4:52 pm

The sanctions come less than a month after President Trump signed the Hong Kong Autonomy Act to penalize authorities responsible for a broad free speech crackdown.