NYC wine store fined $100K for fake bourbon sales — but hasn’t fired anybody over scandal
A posh New York City wine retailer and auction house is paying a $100,000 fine to settle charges that it ...
Tag: Business
Ray Dalio-founded hedge fund Bridgewater to cut 100 jobs, develop AI: report
Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, will slash jobs as part of a firm-wide restructuring to expand ...
Kohl’s swings to surprise Q4 loss, warns on profit for year
Kohl’s plans to cut inventory by roughly 5% this year, be more surgical with discounts and change how it showcases ...
Ben & Jerry’s suppliers using child labor despite ‘progressive’ values
Ben & Jerry’s is among the companies whose supply chains utilize migrant child labor, often in violation of child labor laws, ...
AirPods maker pressured to speed exit from China amid Beijing-US tensions: report
The China-based maker of Apple’s AirPods is reportedly facing pressure from US tech companies to find new manufacturing locations outside ...
Goldman Sachs CEO David Solomon fends off attacks over Marcus flop
Goldman Sachs’ embattled full-time boss — and part-time deejay — David Solomon tried to put a positive spin Tuesday on ...
FTX’s Nishad Singh pleads guilty to fraud, conspiracy charges
Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, pleaded guilty to six criminal fraud charges at a ...
Nissan recalls 800K Rogue SUVs for defect affecting engine
Nissan is recalling more than 809,000 small SUVs in the US and Canada because a key problem can cause the ...
Home price growth slowed in December
US single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, ...
Goldman Sachs bankers bristle at CEO David Solomon’s pay ahead of yearly ‘Investor Day’
As Goldman Sachs prepares to host its second-ever investor day, there’s grumbling over the bank’s struggles under CEO David Solomon ...
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