New York Post Business - RSS

Keeping interest rates low through ?Quack Economics? has forced investors out of savings accounts

Oct 20, 2019 3:27 am

Dear John: The idea that quantitative easing (QE), along with the Federal Reserve?s zero-interest-rate policy, hasn?t created inflation is false.  While the prices of things like TVs and clot...

Revenue is soaring for Hispanic-owned companies

Oct 20, 2019 3:18 am

Latino-owned small businesses have struck gold ? and are growing faster than the competition, according to a new study.

How millennials are being tricked into crippling credit card debt

Oct 20, 2019 3:17 am

Do you ever feel like you?re in credit card hell and can?t escape? It?s a complaint of many millennials who didn?t learn the lessons of previous generations more likely to shun debt, card pros say. Yo...

Instacart agrees to $11M settlement after drivers said they were skimped on wages

Oct 19, 2019 2:08 am

Grocery delivery company Instacart has agreed to fork over $11 million to settle allegations that it has been nickel and diming its California workers. The San Francisco company?s workers were notifie...

Eddie Lampert helps bankroll Sears as woes persist after bankruptcy

Oct 18, 2019 5:20 pm

Sears has borrowed about $150 million from lenders, including its billionaire owner, Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar ...

Goya Foods in talks to be sold to Carlyle Group for $3.5 billion: sources

Oct 18, 2019 2:14 pm

Goya Foods is in late-stage talks to sell a majority stake to The Carlyle Group in a deal that would value the canned-foods giant at roughly $3.5 billion, The Post has learned. The founding family of ...

Coffee-infused soda drives Coca-Cola revenue beat

Oct 18, 2019 1:13 pm

Coca-Cola reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda and coffee. Faltering ...

Universal Music Group attracting new bidders after $33B valuation

Oct 18, 2019 2:17 am

Two months after Universal Music Group rocked the music world with a $33 billion valuation tied to an impending investment, its parent company revealed that other investors may want in ?at a similar p...

Barneys may double store footprint with $271M investment plan

Oct 18, 2019 1:48 am

Barneys could double its store footprint next year if a $271 million stalking-horse bid to acquire the luxury department store is approved in bankruptcy court next week. Licensing firm Authentic Brand...

UAW extends GM strike, weighs plant closings

Oct 18, 2019 1:40 am

Forty-six thousand General Motors workers will continue to stay off the job as they digest a proposal to raise wages and cap health costs ? while also closing four plants. The United Auto Workers agre...

New York Post - RSS

Pentagon scraps obsolete floppy disk system controlling US nuclear arsenal

Oct 20, 2019 11:03 pm

America’s nuclear arsenal will no longer rely on floppy disks. The Pentagon has finally scrapped a disco-era missile-launch system that relied on ancient IBM Series/1 computers and floppy di...

Brexit will happen on Oct. 31 despite PM?s unsigned delay request, UK says

Oct 20, 2019 10:58 pm

LONDON – The British government insisted on Sunday the country will leave the European Union on Oct. 31 despite a letter that Prime Minister Boris Johnson was forced by parliament to send to...

Ohio mom discovers home-invader about to give her 2-year-old a bath

Oct 20, 2019 10:33 pm

An Ohio mom says she was horrified to discover an intruder inside her home preparing a bath for her 2-year-old son, according to a report. Areica Hill said she woke up to find another woman in her Col...

Video: Unstable Hard Rock cranes demolished in fiery explosion

Oct 20, 2019 9:28 pm

Officials blasted the partially collapsed Hard Rock Hotel in New Orleans with explosives Sunday to take down two dangerously unstable construction cranes, stunning video footage shows. Video posted by...

Gabbard fundraises off Clinton?s comments on Russia grooming her for 2020

Oct 20, 2019 9:24 pm

WASHINGTON – Democratic presidential hopeful Tulsi Gabbard fired another shot in Hillary Clinton?s direction — and chased it with a plea for campaign cash. In a new video, Gabbard ...

Biden butters up educators in Midtown on Teacher Union Day

Oct 20, 2019 8:40 pm

Joe Biden played apple-polisher to more than 1,000 unionized teachers in Midtown on Sunday ? promising them a “generous” raise if he gets elected to the White House. The Democratic...

Soldier amputated his own leg to save the lives of his crewmates

Oct 20, 2019 8:24 pm

A US soldier is being hailed as a hero after he severed his own leg to save his crewmates during a freak accident, officials said. While deployed to Poland last year, Army Spc. Ezra Maes, 21, was slee...

Scammers trying to cash in on notoriety of El Chapo?s son

Oct 20, 2019 7:35 pm

Days after gun-wielding cartel goons turned a Mexican city into a war zone in order to get El Chapo’s son Ovidio Guzman Lopez freed from custody, scammers are trying to capitalize on the inc...

Pompeo refuses to comment on ?hypothetical? quid pro quo to Ukraine

Oct 20, 2019 6:30 pm

WASHINGTON – Secretary of State Mike Pompeo wouldn?t say whether it was appropriate to hold up military aid to Ukraine unless an investigation into the Democrat National Committee’...

3 soldiers killed, 3 injured during Georgia training exercise

Oct 20, 2019 5:59 pm

Three soldiers were killed and three more hospitalized on Sunday after their armored vehicle was involved in an accident during a training exercise in Georgia, the Army revealed. The 1st Armored Briga...