The launch of New York’s legal cannabis industry is turning into a bad trip — even before the first official marijuana stores have opened for business, social justice critics claim. A group advocating for the first licensed marijuana storefront sellers with prior weed convictions said Friday they’re being set up for failure. The Cannabis Social Equity … Read more
Since firing 2,700 workers through texts and emails while they slept last week — just before Thanksgiving – the owner of United Furniture Industries, David Belford, has seemingly disappeared. But he could be hiding out in one of his two homes worth an estimated $24 million, The Post can report. Belford, 62, currently owns a … Read more
More than 1,000 union employees at the New York Times have pledged to walk out if the news publisher does not agree to a complete and fair contract by Thursday, according to a tweet by the union on Friday. The NYT NewsGuild has sought wages that “keep up with inflation” as well as to preserve … Read more
“The View” co-host Alyssa Farah Griffin blasted Kanye West on Friday for spewing anti-Semitic remarks – and bluntly warned that the Holocaust “could happen again” if the public doesn’t speak out against such vile commentary. Griffin called West a “moron” following the rapper’s deranged appearance Thursday on conspiracy theorist Alex Jones’ “Infowars” alongside white supremacist … Read more
US home prices will likely have to decline by as much as 20% over the course of a multi-year correction before the housing sector can get back on track with historical trends, a research firm warned this week. The most recent correction cycles that occurred in the US housing market, such as a bubble in … Read more
Big Wall Street firms reportedly are preparing to slash year-end bonuses — a sharp about-face from the lavish payouts handed out during the pandemic — as the industry braces for a major slowdown in dealmaking. Premier banks on Wall Street — JPMorgan, Bank of America and Citi — are planning to cut bonus pools as … Read more
Ousted Disney CEO Bob Chapek tapped consulting firm McKinsey in recent months to centralize control of major spending decisions, angering creative execs, a new report said. Chapek hired the firm in September, just two months before the beleaguered CEO’s shocking dismissal last month. Discussions to implement McKinsey’s plans were underway in the weeks leading up … Read more
Math doesn’t seem to be the MIT graduate’s strength. Disgraced FTX founder Sam Bankman-Fried — an alum of the vaunted university — gave a bizarre explanation for an $8 billion budget shortfall that helped force the doomed cryptocurrency platform into bankruptcy last month — claiming he had simply “misaccounted” the cash. Bankman-Fried scrambled to explain … Read more
Math doesn’t seem to be the MIT graduate’s strength. Disgraced FTX founder Sam Bankman-Fried — an alum of the vaunted university — gave a bizarre explanation for an $8 billion budget shortfall that helped force the doomed cryptocurrency platform into bankruptcy last month — claiming he had simply “misaccounted” the cash. Bankman-Fried scrambled to explain … Read more
The Tyson Foods board has “continued confidence” in John Tyson’s leadership and will keep him as CFO as he awaits trial after being found allegedly drunk and asleep in a stranger’s home last month. John Tyson, the great-grandson of the company’s founder who has served as Tyson Foods’ CFO since September, was caught on video … Read more