Porsche dealership’s gaffe puts $148K Panamera up for sale for just $18,000
Talk about sticker shock. A Porsche dealership in China was swamped with buyers after it advertised a 2023 Panamera for a jaw-dropping $18,000. The only...
FedEx to cut 10% of senior jobs as part of larger staff reduction
FedEx on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that has reduced staffing at the...
Fed raises key interest rate by 0.25 points, slowing pace of hikes
The Federal Reserve enacted its smallest interest rate hike in nearly a year on Wednesday — but signaled it expects “ongoing increases” in a blow...
Gawker shutting down again, company BDG lays off 8% of staff
Snark is dead — again! Gawker — the irreverent news and gossip website resurrected in 2021 after being forced out of business when it lost...
Peloton shares soar 20% on better-than-expected Q2
Peloton Interactive on Wednesday forecast current-quarter revenue above expectations, in an early sign that its efforts to boost sales, including by selling on third-party platforms, were...
Wall Street rallies after Fed hikes rates by a quarter-point
Wall Street rallies after Fed hikes rates by a quarter-point...
Subway co-founder left half of company to family-run charity
A charity started by the late co-founder of Subway restaurants said that it will inherit a 50% stake in the multibillion-dollar sandwich chain — a...
Megyn Kelly rips TJ Holmes, Amy Robach over ‘GMA3’ affair
Megyn Kelly said ousted “Good Morning America” anchors TJ Holmes and Amy Robach made a “massive PR error” in response to the public revelation of...
Universal Studios’ new Mario Kart ride ripped for rules restricting plus-sized visitors
Super Nintendo World made a splashy debut at Universal Studios Hollywood this month with its soft opening, and gamers and tourists alike raced to see what the...
NYC Holiday Inn could earn $93K daily to house migrants
The world’s tallest Holiday Inn has won a judge’s approval to become a shelter for migrants in downtown Manhattan — clearing the way for a...