John Schnatter, the founder of Papa John’s Pizza who was forced to step down as CEO after uttering a racial slur during a conference call, was slammed on Tuesday for telling a cable news channel that he had “lost a home” in Florida as a result of Hurricane Ian. Schnatter,…
Stocks rose sharply on Wall Street Tuesday, clawing back more of the ground they lost in a miserable several weeks. The Dow Jones Industrial Average surged 825.43 points, or 2.8%, to 30,316.32 and the Nasdaq jumped more than 350 points, or 3.3%. The S&P 500 rose 3.1%. The benchmark index…
United Airlines said on Friday it will suspend service in late October to New York’s John F. Kennedy Airport. Earlier this month, United had threatened to take the action if the Federal Aviation Administration did not grant the air carrier additional flights. United has been flying just twice daily to…
A key inflation indicator showed higher-than-expected increases in core prices in August, adding more pressure on the Federal Reserve to act despite the risk of a deeper recession. Consumer prices increased by 6.2% in August compared to the same month one year ago, according to the Commerce Department’s Personal Consumption…
New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report. The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of…
The Justice Department’s top antitrust cop said he wants to “unplug” monopolistic Big Tech firms and drove home his support for a stalled congressional bill intended to rein in Google, Amazon, Meta and Apple during a fiery speech on Friday. Jonathan Kanter, the Biden-appointed assistant attorney general who leads the…
Ratings-challenged CNN will reshuffle the deck chairs on the slowly-sinking network, pushing out left-leaning primetime host Don Lemon from his plum solo slot to a newly-created morning team, boss Chris Licht announced Thursday. Lemon will join Kaitlan Collins and Poppy Harlow to replace current “New Day” hosts John Berman and…
One, a fintech company backed by Walmart, will introduce checking accounts to thousands of Walmart employees and a small percentage of its online customers for beta testing in the coming weeks, two people familiar with the matter said. The fintech aims to make the accounts available to Walmart’s 1.6 million employees within a year…
Several major US air carriers caved to public pressure by confirming they will pay for meals and lodging to passengers who endure delays or cancellations ahead of the potentially chaotic Labor Day travel weekend. The move by the carriers comes after Transportation Secretary Pete Buttigieg demanded airline CEOs provide free…
Convicted “Pharma Bro” Martin Shkreli has finally been ousted as boss of the pharmaceutical company he founded, The Post has learned. Activist shareholders booted the group of directors still loyal to Shkreli during the annual general meeting of Turing’s parent company, Vyera, on Thursday. Shkreli rose to notoriety after he…
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