Business
Billionaire hedge fund manager John Paulson has ambitious plans to reshape federal spending if tapped to be Trump’s Treasury secretary – and he’s vowing to collaborate with Elon Musk to make it happen. The Trump ally shared how the ambitious spending cuts the duo have floated might look under a…
A prominent economist and educator is warning that Americans squeezed by the highest inflation rates in four decades are unlikely to see prices come down in the future. Allianz chief economic adviser Mohamed El-Erian said Sunday that while inflation is cooling, what that means is the rate of price increases…
Disneyland is getting its own Splash Mountain replacement just ahead of Thanksgiving. Tiana’s Bayou Adventure is opening at the West Coast park in Anaheim, Calif., on Nov. 15, as reported on the Disney Parks Blog.Walt Disney World in Orlando, Florida got its version of the redesigned ride back in June.…
Voters in one New Jersey borough have liquor licenses on the ballot this week, and the decision to potentially overturn a 120-year-old prohibition on alcohol sales. On Tuesday, residents of Haddon Heights, a suburb of Philadelphia in Camden County, will be able to fill in the bubble for a nonbinding…
Starbucks’ new chief executive announced a series of changes this week aimed at drawing back customers as the company navigates unionization pressures, declining foot traffic, and frequent leadership changes. Brian Niccol, who took over as CEO in September, told analysts on an earnings call this week that the company’s financial…
Typically, in the weeks and days prior to a presidential election, real estate sales across America slump while awaiting a victor. But buyers, sellers and developers in the New York metropolitan area have experienced the opposite this year, seeing what they call a “pre-election bump.””The previous election, we’re talking about…
Starbucks has released a sneak preview of its holiday 2024 cup designs, titled “Merrier Together,” ahead of their in-store debut scheduled for Nov. 7. This year will feature four hot cup designs and one cold, which the coffee giant’s creative director Kristy Cameron claims were inspired by “moments of joy.”STARBUCKS…
Rust Belt autoworkers, traditionally a cornerstone of the blue voting base, are not casting their votes for Vice President Kamala Harris this time around, the founder of Auto Workers for Trump 2024 insisted. Brian Pannebecker, the group’s founder, spoke to a roaring crowd of supporters of former President Trump at…
PepsiCo beat a lawsuit brought by New York Attorney General Letitia James over the company’s alleged plastics pollution after a judge criticized the case as predatory and dismissed the lawsuit. James failed to show that the beverage and snack-food company created a public nuisance with its single-use plastic packaging, Justice…
Casual dining chain TGI Fridays Inc. filed for Chapter 11 bankruptcy in Texas on Saturday with the company’s executive chairman saying it still has not fully recovered from the COVID-19 pandemic. The bar and grill chain, known for serving up hamburgers, loaded potato skins and $5 happy hour drinks, said…