Tuesday, October 26th, 2021

Category: Business

In India, Facebook Grapples With an Amplified Version of Its Problems

On Feb. 4, 2019, a Facebook researcher created a new user account to see what it was like to experience the social media site as a person living in Kerala, India. For the next...

Chuck Bundrant, Pacific Fisheries’ ‘Henry Ford,’ Dies at 79

In 1961 he arrived in Seattle with no job, no skills and $80. Over the next 60 years, he built a seafood empire and transformed the industry. Source link

UItra-low interest rates ‘rip off’ middle-class savers, Judy Shelton says

Ultra-low interest rates combined with runaway inflation rip off middle-class savers and retirees, a former top economic advisor to Trump said. “We know that people on pensions and we know that people with deposits...

The Sheikh, the Businessman and a Hacking Mystery on 3 Continents

Though the judge questioned the credibility of that story, his ruling against Mr. Azima should have ended the case. But soon, a reporter with Reuters contacted one of his lawyers and said the news...

The Difference Between an Unpaid and a Paid Student-Athlete? Not Much.

Until now, there was no way to test this thesis. Antitrust economists like Andy Schwarz, who played a key behind-the-scenes role in bringing the lawsuits against the association — may have scoffed at the...

The Amazon of Quinoa Bowls

LaToya Meaders, the president and co-founder of Collective Fare, a cafe and catering company in Brownsville, Brooklyn, says it all comes down to the marketing. In Brownsville, the main thoroughfares are a parade of...

ABC Carpet & Home is being acquired by a Persian rug dealer

After dozens of prospective buyers kicked the tires at bankrupt ABC Carpet & Home, the iconic New York City retailer is being sold to a Persian rug dealer, The Post has learned. A Friday...

It Looks Like Dollar General Will Narrowly Defeat A Union Effort

Retail giant Dollar General may have fought off a small but potentially groundbreaking union effort at one of its stores in Connecticut, after spending thousands of dollars on anti-union consultants. A handful of workers...

Goldman Sachs offers big retention bonuses to top executives, a year after docking their pay.

A year after Goldman Sachs clawed back or cut compensation from its top bosses over a corruption scandal, it’s paying them multimillion-dollar bonuses to stick around. David M. Solomon, the bank’s chief executive, will...

These hedge funds stand to score big on Trump SPAC frenzy

With shares of Trump SPAC Digital World Acquisition Corp. soaring, a slew of hedge funds that previously reported owning shares in the company stand to win big — and at least one has already...