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Business | New York Post
Business | New York Post
Shares of UK bookmaker William Hill surge on takeover proposals from US suitors
Shares in British bookmaker William Hill soared Friday after the company revealed it received takeover proposals from two American suitors. The London-listed stock ended the day up 43.4 percent at 312.20 pounds, or $396.74, after William Hill said it had been approached by private-equity giant Apollo Global Management and casino operator Caesars Entertainment. William Hill...
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London gaining on New York in global financial centers ranking
Wall Street is barely hanging onto its title as the global financial capital. A new ranking of the world’s top finance centers placed New York City only slightly ahead of London, suggesting the British hub could soon retake the crown. The cities’ rankings on the latest Global Financial Centers Index, released Friday, were unchanged from...
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Mark Cuban adovcates for dramatic increase in Americans’ COVID-19 economic aid
Billionaire sports owner Mark Cuban is advocating for a dramatic increase in the economic aid the federal government is providing to Americans during the coronavirus pandemic. The owner of the NBA’s Dallas Mavericks told CNBC in an interview that every household in the country should receive a $1,000 stimulus check every two weeks until December,...
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Century 21 plans hundreds of layoffs ahead of November store closings
Bankrupt off-price retailer Century 21 plans to lay off hundreds of workers when its 13 stores close for good this fall, records show. The beloved chain, which carried high-ends brands at bargain prices, will shut its New York, Pennsylvania and Florida stores by Nov. 22 after the coronavirus pandemic forced it into bankruptcy earlier this...
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B&G Foods to remove black Cream of Wheat chef from packaging
B&G Foods said Thursday it would drop an image of a black chef from the packaging of its Cream of Wheat cereal mix, the latest company to make changes to branding widely considered as racially insensitive. Companies including Mars and PepsiCo are changing names and branding of some of their products that are rooted in...
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Cambridge Analytica ex-boss banned from running companies
The former boss of Cambridge Analytica, the political consulting firm brought down by a scandal over how it obtained Facebook users’ private data, has been banned from holding company directorships for seven years. Britain’s Insolvency Service said Thursday that Alexander Nix is banned from running companies after he permitted Cambridge Analytica’s parent firm, SCL Elections,...
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Nintendo Switch successor will come ‘at some point’ in the 21st century
The successor to the Nintendo Switch is coming — at some point in the 21st Century. The Japanese gaming giant confirmed in a corporate policy briefing last week that it will release a new model to succeed its wildly popular console, but said only that it would arrive at some point in “20XX.” The slide, which...
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Zoom cancels event featuring Palestinian hijacker Leila Khaled
Zoom canceled an online talk by Palestinian hijacker Leila Khaled after Jewish groups pressed the videoconferencing giant to scuttle the event. Khaled — a member of the Popular Front for the Liberation of Palestine who helped hijack two airplanes in 1969 and 1970 — was scheduled to speak during a Wednesday virtual event held by...
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