The Koch family’s deal for a 15% stake in Brooklyn Nets parent BSE Global values the struggling NBA franchise at $3.8 billion – and puts the valuation for the parent company at $5.8 billion, The Post has learned.
“We want to know how people’s pay is being calculated. The fact that we are fighting these apps on this is insane.”
The Conservative Party says it would review licencing laws in a bid to boost the night-time economy.
Taylor Swift is currently in the U.K. for the latest leg of her record-breaking Eras Tour where she’s no doubt improving the economy, increasing public transport ridership and putting on a stunning show . That’s not why she’s in the news this Friday, though, instead it’s
The illustrious state of California is known the world around for a litany of reasons, but among car enthusiasts California is derided for its strict emissions regulations, and the most triggering acronym of all, CARB. The California Air Resources Board is charged with
Federal regulators found fault in the unwinding plans of several of the largest U.S. banks. Read more...
OpenAI said it has acquired Rockset , a real-time analytics startup, “to power our retrieval infrastructure across products.” Read more...
Apple’s artificial intelligence features may not be available for millions of its European Union customers this year, due to concerns with the bloc’s digital markets rules. Read more...
CFRA Research's chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the economy.
The FDA's authorization comes at a time when the government is reviewing a potential ban on menthol cigarettes.
The Food and Drug Administration announced Friday that it has authorized the marketing of four menthol-flavored e-cigarette products from NJOY. Read more...
Four Hinduja family members were given prison sentences ranging from four to four-and-a-half years.
Boeing will not have to deal with one of the biggest potential consequences of its 737 Max 9 door plug blowout in January. The New York Times reports that the Department of Justice will not pursue charges for a potential violation of a plea agreement, which Boeing had struck in
A software provider to some 15,000 car dealerships said that at least two cyberattacks forced it to shut down its computerized management system.
Starbucks has been increasingly selling its drinks at heavy discounts as part of promotions over the past month, in its continuing effort to counter inflation concerns, the Wall Street Journal reported . Read more...
There are two astronauts stuck on the International Space Station as they await a return trip aboard Boeing’s CST-100 Starliner spacecraft , but one of them is generating an especially international wave of anxiety: Several major Indian newspapers have run stories with
Known internally as “Banyan,” a reference to the sprawling ficus trees, the project would represent the first major overhaul of the voice assistant since it was introduced in 2014.
Paradromics, an Austin-based neurotech startup, said it will start testing its brain-computer interface on humans next year. Read more...
Last month, Stacia Deshishku's boss, ABC News President Kim Godwin, announced her resignation.
The national median sales price rose 5.8% from a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
Monaco could soon be added to an intergovernmental “gray list” of countries pressured to clamp down on money laundering, if regulators determine that the wealthy principality hasn’t made enough progress prosecuting financial crimes. Read more...
Three models of the myCharge POWER HUB All-In-One 10,000mAh portable charger were deemed to pose a risk to the public.
The artificial intelligence boom has companies racing to develop more advanced models, and Softbank’s chief executive reportedly thinks we’ll be seeing AI that is 10,000 times smarter than humans in just a decade. Read more...
A Malaysia Airlines Boeing 737- 8H6 plane had to return to Hyderabad in India early Thursday after a fire in its engine was caught on video midflight, the Straits Times reported . Read more...
Zealand Pharma’s stock initially jumped 23% early Friday, after the company announced topline results of an early stage clinical trial of its Ozempic alternative. The gain has since slid to about 17%. Read more...
China has put a lot of cash into advancing its electric vehicle industry, which is set to account for 10 million sales this year in the world’s largest auto market. That’s a major achievement — but how much did it cost? Read more...
American Express wants to make it easier for its cardholders to nab those tricky reservations. Read more...
One of Apple’s major challengers in the Chinese market is nearing a billion active users amid ongoing U.S. sanctions on its technology. Read more...
Jim Thorne, Chief Market Strategist at Wellington-Altus, spoke with Quartz for the latest installment of our “Smart Investing” video series. Read more...
An American Airlines flight attendants strike could be coming during one of the busiest flying periods of the year. Federally mediated negotiations between the airline and the Association of Professional Flight Attendants failed to result in an agreement Thursday. Under federal
