Goldman Sachs cancels ‘Summer Fridays,’ wants staff in office five days a week
Goldman Sachs boss David Solomon, who has drawn derision from the rank-and-file over the company’s back-to-work edict, has pulled the plug on Summer Fridays. The...
JPMorgan’s top gold trader sentenced to 2 years for manipulating gold price
A convicted former JPMorgan Chase executive was sentenced to nearly two years in prison on Tuesday — the stiffest prison term given to an individual...
Pay for new hires is dwindling, pressures workers to take a cut
As the job market cools, salaries for new recruits are dwindling as companies are no longer competing to fill pandemic-induced labor shortages. In a survey...
Creator of Starbucks’ pumpkin spice latte reflects on two decades of autumn bliss
Few can resist the lure of a pumpkin spice latte (PSL) in autumn. This fall, Starbucks is celebrating the 20-year anniversary of the creation of the beverage that changed...
New York loses $1 trillion in Wall Street business as firms flee: report
A giant, sucking sound is coming out of Wall Street — and it’s siphoning staggering sums of money out of the Big Apple while handing...
Formula One slashes Las Vegas Grand Prix fees after backlash: sources
Formula One has pumped the brakes on a controversial plan to force Las Vegas clubs and restaurants to cough up millions of dollars in licensing...
Luxury brands Vera Wang, Frato bring new energy to East Midtown’s 500 Park Ave.
Reflecting the new energy in East Midtown, two major luxury names are coming to 500 Park Ave. at East 59th Street, which consists of the...
Chef Michael White inks latest major restaurant deal in East Midtown with new Italian eatery
Famed chef Michael White, who re-invented classic Italian cuisine at Marea and other Michelin-starred Manhattan eateries, is coming back to town. In a move reflecting...
Chinatown chefs, restaurants demand that NYC scrap plans for world’s tallest jail
Chefs and restaurant owners have joined local Chinatown residents to demand that the city abandon plans to build the world’s tallest jail in the heart...
Don Lemon feels ‘vindicated’ by removal of former CNN boss Chris Licht
Ex-CNN anchor Don Lemon said in an interview he felt “vindicated” by the removal of his former boss Chris Licht, who ousted Lemon from the company...