New York Posts – Business

  • Company scraps site to avoid suits for ADA violations
    by Lisa Fickenscher on December 17, 2017 at 6:56 am

    The Riese Organization owns dozens of restaurants in the Big Apple, but you won’t find a single Web site touting its franchises, including Pizza Hut, Nathan’s Famous and TGI Friday’s. “I took down the Riese Web site after I heard lawyers are suing companies for Americans with Disability Act violations for not providing access for... […]

  • Landline telephones still have their fans
    by John Crudele on December 17, 2017 at 5:42 am

    Dear John: You must live in a studio apartment. Cellphones aren’t carried around like soap on a rope. Many people have a landline in each room so they don’t have to run around the house looking for it when it rings. Now that we are getting so many robocalls, it is also easier to look... […]

  • How do I protect others from car dealership scams?
    by John Crudele on December 17, 2017 at 5:35 am

    Dear John: I recently went with my granddaughter to help her lease an inexpensive car. We looked at ads in newspapers and decided to go to a few dealerships to see what we could lease. All the ads were claiming ridiculously low prices and, although I knew it wouldn’t be that low, I thought we... […]

  • The person who created Bitcoin remains a mystery
    by Michael Kaplan on December 17, 2017 at 4:09 am

    Bitcoin was created by Satoshi Nakamoto from Japan. Or, some say, he or she might be a Finnish sociologist or a mathematician from Israel. Some think Nakamoto is the pseudonym of software developer Gavin Andresen, others believe it’s Tesla creator Elon Musk. (Both have denied the claim.) Whoever it is, the person behind bitcoin has... […]

  • What the reducing the SALT deduction means for your wallet
    by Jonathon Trugman on December 17, 2017 at 4:05 am

    With all the horse trading over the tax plan, the politicians and the president’s advisers are missing a key economic point. Most politicians and economists talk profusely about the so-called “middle-class,” but the fact is, in America, where states are free to tax whatever they can get away with, your ZIP code may be far... […]

  • North Korea’s stolen bitcoins now worth more than $80M
    by Eileen AJ Connelly on December 17, 2017 at 4:02 am

    North Korean hackers stole millions of dollars’ worth of bitcoin and other digital currencies earlier this year — which are now worth more than $80 million, South Korea’s spy agency said. Nearly $7 million of the cryptocurrency that went missing from electronic exchanges over several months was swiped using the same sort of malware used... […]

  • Judge skeptical of partnership claims in Apollo Global suit
    by Josh Kosman on December 16, 2017 at 5:02 am

    A Manhattan Bankruptcy Court judge has taken a skeptical view toward a claim by group of disgruntled executives who sued Leon Black’s Apollo Global over its takeover of a Dutch logistics company. The former Ceva Logistics executives claim Apollo, which owns the company, breached a partnership agreement when it bought debt in the struggling logistics... […]

  • US Postal Service might be your best bet for quick shipping
    by Post Staff Report on December 16, 2017 at 4:44 am

    Holiday shoppers still looking for the best price when shipping their presents to loved ones shouldn’t look past the US Postal Service. The USPS was the best choice for next-day delivery in 73 percent of the cases — and in 87 percent of the cases when needing just three-day delivery, according to a recent survey.... […]

  • Nelson Peltz finally gets his spot on P&G board
    by Carleton English on December 16, 2017 at 4:26 am

    Activist investor Nelson Peltz finally gained a spot on Procter & Gamble’s board — and he didn’t even need to win a majority of the votes. After more than two months of wrangling and vote-counting, the Pampers maker said Friday that although shareholders re-elected all of P&G’s nominees, Peltz will be joining the board in... […]

  • Thousands of Disney workers could be laid off upon merger
    by Alexandra Steigrad on December 16, 2017 at 3:16 am

    For Disney employees, the forecast on Friday was for pain. Lots of it. The expected synergies to come from Disney’s $52.4 billion purchase of most of Twenty-First Century Fox’s assets could mean job cuts of between 5,000 and 10,000 at the Mouse House once the deal closes, one media analyst said. Disney, in announcing the... […]