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Business | New York Post
Business | New York Post
Bed Bath & Beyond CEO is pushed out as sales plummet
Struggling home goods chain Bed Bath & Beyond -- which reportedly cut off air-conditioning at its stores to save money -- dumped its chief executive officer Wednesday.
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Delta warns of ‘potentially challenging’ July 4 travel disruptions
“Delta people are working around the clock to rebuild Delta’s operation while making it as resilient as possible to minimize the ripple effect of disruptions,” the airline said.
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Michael Burry: Tesla layoffs an ominous sign for white-collar workers
Recent reports of layoffs at Tesla are an ominous sign for white-collar workers nationwide, “Big Short” investor Michael Burry predicted on Wednesday. Burry argued that blue-collar workers will stay in hot demand in a labor market that has remained tight so far despite a looming recession – while office workers could face job and salary...
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nypost.com
Embattled Disney CEO Bob Chapek gets contract extension
Walt Disney boss Bob Chapek will remain in charge of the beleaguered Mouse House after the board unanimously voted to give him a three-year contract extension Tuesday. Chapek had succeeded Robert Iger in February 2020, just months before the pandemic forced the company to shutter its theme parks. He was quickly embroiled in controversy over...
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NY Fed president urges big interest-rate hike but believes ‘economy is strong’
New York Federal Reserve Bank President John Williams on Tuesday called for further rapid interest-rate hikes to slow the economy and inflation, including a possible second 75-basis point rate hike next month.
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Elon Musk amasses 100M Twitter followers — but hasn’t tweeted in a week
Elon Musk crossed the 100 million follower threshold on Twitter this week – a milestone that coincided with a rare bout of silence on the social network that has sparked speculation on Wall Street. The billionaire Tesla CEO, who also turned 51 on Tuesday, became just the sixth Twitter user to amass 100 million followers...
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Rumors of Cushman-Newmark marriage were always bogus: sources
It was the commercial real estate rumor that wouldn’t die -- until now.
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