New York Posts – Business

Sharing is caring!

  • How Trump’s tax bill might have caused dip in MLB ticket sales
    by John Crudele on July 17, 2018 at 3:53 am

    Attendance at Major League Baseball games is down this year. And like everything else that happens these days, it could be Donald Trump’s fault. Sure, the awful weather this spring and the fact that there are too many boring strikeouts and the dominance of just a few teams this season could also be reasons that... […]

  • How more Mueller revelations could impact Wall Street
    by John Crudele on July 17, 2018 at 3:39 am

    I believe the big news for Wall Street this fall will be the Washington investigations. Very big! If special counsel Robert Mueller discloses something damaging enough for a possible impeachment of President Trump, the financial markets will be sad. Very sad. But if the investigations of the FBI end up hurting the Democrats before the... […]

  • Weinstein Company officially sold to private equity firm
    by Richard Morgan on July 17, 2018 at 2:28 am

    The Weinstein Company’s tortured path from indie darling to industry pariah ended Monday with the bankrupt studio’s takeover by a private equity firm. Lantern Capital, which surfaced in May as the only qualified bidder for the producer of “The Artist” and “The King’s Speech,” closed on the 270-film studio brought down by sex allegations against... […]

  • Netflix shares dive after disappointing quarterly results
    by Alexandra Steigrad on July 16, 2018 at 9:26 pm

    This miss is leaving a mark. Netflix shares tumbled more than 14 percent in after-hours trading on Monday after the streaming giant missed its second-quarter growth forecast by more than a million subscribers. The Los Gatos, Calif., company added 670,000 subscribers in the US and 4.47 million subscribers internationally — well short of the 6.2... […]

  • Papa John’s founder blames n-word scandal on ‘extortion’ attempt
    by Lisa Fickenscher, Carl Stier on July 16, 2018 at 8:26 pm

    Papa John’s founder John Schnatter is punching back. The pizza mogul who was accused of using a racial slur during an internal conference call in May is claiming the marketing firm that set up the call tried to extort $6 million from the chain to keep quiet about the slur. “They wanted $6 million to... […]

  • Amazon crashes just as Prime Day kicks off, back 40 minutes later
    by Carleton English on July 16, 2018 at 7:40 pm

    Discount-hungry Amazon shoppers found themselves in the doghouse Monday. The website for the e-commerce giant crashed shortly after 3 p.m. in New York on Monday — just moments after millions of shoppers deluged to take advantage of Amazon’s annual Prime Day. “Sorry something went wrong on our end,” the site greeted would-be shoppers. Instead of... […]

  • Three World Trade Center on the verge of losing two big eateries
    by Steve Cuozzo on July 16, 2018 at 6:27 pm

    The cupboard’s going bare at the Westfield-controlled Three World Trade Center mall, where a major, widely reported restaurant deal has been called off and a second eatery mega-lease might also be dead, The Post has learned. Plans for a 7,000-square-foot casual dining spot from Will Guidara and chef Daniel Humm, of Eleven Madison Park and... […]

  • Papa John evicted from office at company’s headquarters
    by Carl Stier on July 16, 2018 at 5:41 pm

    Now Papa John Schnatter is getting evicted. The founder of the Papa John’s pizza chain can no longer occupy an office in the company’s sprawling Louisville, Ky., headquarters, a special committee of the chain’s board of directors said. Schnatter will be forced to vacate the premises after the committee directed the company “to terminate a... […]

  • FCC chairman moves to block Sinclair-Tribune mega deal
    by Josh Kosman on July 16, 2018 at 4:58 pm

    Federal regulators on Monday moved to stop Sinclair Broadcast Group’s $6.6 billion acquisition of Tribune Media. Citing “serious concerns” about Sinclair’s divestiture of certain assets — sales that were proposed in order to gain antitrust approval — FCC Chairman Ajit Pai said he planned to present his objections to the deal to an administrative judge.... […]

  • Trump tax cuts help Bank of America have most profitable start in history
    by Kevin Dugan on July 16, 2018 at 3:19 pm

    Bank of America is off to the most profitable start to a year in its 114-year history. Aided by a tail wind created by the Trump tax cuts, the bank on Monday reported a 33 percent spike in second-quarter profits — exceeding expectations. The increase in profits, to $6.8 billion — more than the $5.9... […]

(Visited 12 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *