Biggest winemaker in America launches Hail Mary attempt to salvage crumbling empire after mass layoffs
Major California wine manufacturer E. & J. Gallo Winery acquired a bourbon brand based in Kentucky in a deal reportedly worth up to $775 million.
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OPEC+ agrees to boost oil output when Strait of Hormuz reopens
The war has effectively shut the Strait of Hormuz since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq.
Global financial platform Marex moving to Lexington Ave
Global financial platform Marex is on the move. The firm will leave 2 Grand Central Tower for Rudin’s 560 Lexington Ave., where it will have 39,552 square feet. The asking rent was $84 per square foot. Marex will move to nearly 40,000 square feet of space at 560 Lexington Ave.
Michelin-honored chef Cyril Lignac opening first Bar des Pres in Manhattan
Michelin-honored Cyril Lignac signed with Rudin for his first Bar des Pres in New York at 345 Park Ave. at East 52nd Street.
Automakers trade group urges government to scrap gas tax, replace it with vehicle weight fee
The Highway Trust Fund is projected to reach insolvency in 2028, facing a potential 46% spending cut.
Pepsi withdraws as UK festival sponsor after Kanye West backlash
Sir Keir Starmer says it is "deeply concerning" the rapper is set to headline a festival after recent antisemitic comments.
Why McDonald’s and KFC are growing like wildfire in China
Western fast-food brands are expanding into the countryside
'Elderly couple had to find £1k for home heating oil'
One elderly couple had to find £1,000 for an oil delivery and suppliers are not giving quotes, a councillor says.
Steve Kroft rips ‘60 Minutes’ as cutthroat, toxic workplace: ‘I hated it’
“You’re dodging the shivs every time you go in… somebody wants to kill you,” Steve Kroft said of working at "60 Minutes."
Kevin Warsh needs to be confirmed as Fed Chair in order to avoid an economic shutdown
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank remains in limbo.
