Bitcoin surges to all-time high above K on Trump win
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Bitcoin surges to all-time high above $84K on Trump win

Bitcoin soared on Monday to fresh all-time highs on Donald Trump’s White House win after he staked his claim as a pro-crypto presidential candidate during his campaign. The pricey cryptocurrency jumped 5.5% on Monday to $84,788.81. It had spiked about 9% on Wednesday after early morning election results showed Trump…

OpenAI in talks with California to become for-profit company: report
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OpenAI in talks with California to become for-profit company: report

Sam Altman-led OpenAI is in early talks with the California attorney general’s office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on Monday, citing two people familiar with the matter. OpenAI and a representative for the California Attorney General did not immediately respond to Reuters’…

Real estate mogul loses eviction battle at Chrysler Building — and is ordered to pay M in back rent
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Real estate mogul loses eviction battle at Chrysler Building — and is ordered to pay $21M in back rent

A New York judge on Thursday ordered Chrysler Building tenants to pay their rent to Cooper Union instead of the real estate company that owns the leasehold — and ordered the firm’s mogul Aby Rosen to pay $21 million in back rent to the school. The stinging setback comes after…

Ford puts six-week pause on manufacturing electric F-150 pickups
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Ford puts six-week pause on manufacturing electric F-150 pickups

Ford is temporarily halting production of its all-electric F-150 Lightning pickup truck in the face of slowing demand for battery-powered vehicles. The Detroit automaker announced Thursday that it would pause manufacturing of the pickup truck for several weeks beginning in mid-November. Ford employees will resume manufacturing of the F-150 on…

Washington Post hit with over 200K cancellations after move to block Harris endorsement: report
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Washington Post hit with over 200K cancellations after move to block Harris endorsement: report

More than 200,000 people had canceled their digital subscriptions for the Washington Post by midday on Monday, following the newspaper’s decision to block an endorsement of Vice President Kamala Harris for president, National Public Radio reported. Not all cancellations take effect immediately, the NPR report said, adding that still, the figure represents about 8%…

Meatpacking District to lose last beef businesses as trendy nabe eyes new housing deal
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Meatpacking District to lose last beef businesses as trendy nabe eyes new housing deal

The Meatpacking District’s last remaining meatpackers might soon give way to 600 rental apartments, a Whitney Museum expansion and new facilities for Friends of the High Line, Realty Check has learned. The meat merchants, which once numbered in the hundreds, dwindled to a mere few in recent decades as the area drew…

McDonald’s rules out beef patties as source of E. coli outbreak
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McDonald’s rules out beef patties as source of E. coli outbreak

McDonald’s on Sunday ruled out beef patties as a source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 75 others. “We remain very confident that any contaminated product related to this outbreak has been removed from our supply…

Amazon may be primed to add space near its NYC headquarters as more workers return to office
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Amazon may be primed to add space near its NYC headquarters as more workers return to office

Amazon, which recently told 350,000 employees it wants them all back in the office five days a week, apparently needs more room for them. Jeff Bezos’ tech and retailing behemoth is in talks to lease  all of HSBC’s 350,000 square feet at 452 Fifth Ave. when the bank moves to…

McDonald’s boss vows to improve safety after E. coli outbreak
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McDonald’s boss vows to improve safety after E. coli outbreak

McDonald’s scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen states. The outbreak has sickened people across the US West and Midwest,…