Ramesh ‘Sunny’ Balwani sentenced to 13 years for Theranos fraud
A US judge on Wednesday sentenced former Theranos President Ramesh “Sunny” Balwani to 12 years and 11 months in prison on charges of defrauding investors and patients...
Grubhub lobbies to loosen NYC’s pandemic-era fee cap law — even as it sues the city
Grubhub is quietly lobbying New York City legislators to amend legislation that limits the fees food delivery companies charge restaurants for take-out orders — even...
Iconic NYC wine store Sherry-Lehmann may close after 88-year run: sources
Sherry-Lehmann — the posh wine store that has long cultivated a reputation as New York City’s preeminent booze merchant — is in danger of closing...
Retail theft could lead Walmart to close stores, raise prices
Shoplifting has gotten so bad at Walmart stores that the retail giant may shutter locations in areas where local governments are taking a soft-on-crime approach,...
BlackRock CEO Larry Fink pushed to exit over ESG ‘hypocrisy’
A small activist fund fired a slingshot at goliath investment firm BlackRock, calling for the ouster of CEO Larry Fink for his “hypocrisy” in pushing...
NYC restaurant barons ride Florida pandemic wave to open new spots outside Miami
New York restaurateurs who decamped to Miami during the pandemic are expanding their empires to Florida’s other coastal cities – and some of the biggest...
Megyn Kelly blasts Keith Olbermann over ‘bitter’ rant against ex Katy Tur: ‘Terrible person’
Megyn Kelly blasted media personality Keith Olbermann after he accused his ex-girlfriend, MSNBC’s Katy Tur, of physical abuse and various other misdeeds in a bizarre...
Daniel Boulud to open French steakhouse, market in new Flatiron tower
Michelin-starred chef Daniel Boulud will launch two French-inspired concepts inside a new tower rising in the Flatiron District. The ubiquitous Big Apple restaurateur signed leases...
Apple unveils plan to prevent iCloud, iMessage hacking
Apple plans to allow users to more tightly lock down photos and notes stored on its iCloud service and require a physical security key when logging...
FTX’s Sam Bankman-Fried just hired Ghislaine Maxwell’s defense attorney
Beleaguered FTX founder Sam Bankman-Fried has reportedly tapped a key member of convicted sex offender Ghislaine Maxwell’s legal team to represent him following the collapse...