Iconic NYC wine store Sherry-Lehmann to reopen after abrupt shutdown
Sherry-Lehmann, the iconic wine shop that was shut down by state regulators earlier this month amid escalating business woes, expects ...
Tag: Business
Nikola shares hit record low on plan to raise $100M
Shares of Nikola hit a record low on Friday after the electric truck maker said it plans to sell shares ...
PublicSq. app seeks to connect ‘pro-America’ businesses and shoppers
PublicSq. aims to become the next big online shopping destination — but for businesses to participate, it’s requiring that they ...
Michael Burry ‘wrong to say sell’ as Nasdaq 100 enters bull market
“Big Short” hedge fund boss Michael Burry admitted he was “wrong” after delivering an ominous warning urging investors to dump ...
FDIC may make big banks pay to plug $23 billion hole
The Federal Deposit Insurance Corporation is reportedly mulling a plan to force the nation’s largest banks to foot the $23 ...
Wall Street bonuses fell 26% last year — lowest since 2019
Big Wall Street firms slashed year-end bonuses 26% — a sharp decline from the record payouts handed out during the ...
Cal-Maine Foods’ profits surge 718% amid US egg shortage
Cal-Maine Foods, the nation’s largest producer of eggs, reported this week that its revenues doubled and its profit surged by ...
Ford files patent for drones to assist motorists stranded with dead batteries
Ford Motor Co. has filed a patent for a rescue drone that can jumpstart cars stranded on the side of ...
White House pushes new rules for regional banks without Congress
The Biden administration proposed a limited list of new measures Thursday to strengthen mid-sized banks that it saidcould be pushed through without having to go to Congress. Banks with ...
Bankrupt NYC fashion label’s sales reps ordered to return commissions
A New York bankruptcy trustee has ordered dozens of former sales reps at Worth Collection – an upscale, New York-based ...
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