Outspoken Applebee’s franchise owner Zane Tankel sold off the majority of his restaurant portfolio to a longtime rival in a $140 million deal. The 83-year-old Tankel, who owned 23 Applebee’s Grill & Bar eateries in the New York City area, agreed to part with 21 of them in the deal with New Jersey-based Doherty Enterprises…
Chinese regulators on Tuesday appeared to backpedal from a plan to reduce how much money people spend on online video games, after the proposal had tanked video gaming companies’ stocks and raised doubts about the government’s commitment to reviving China’s slowing economy. The draft rules disappeared from the website of the National Press and Publication…
The Detroit Lions, whose roots stretch back to 1930, are just one of four N.F.L. teams to have never played in the Super Bowl. (Pop quiz: Can you guess the other three?) Before this season, the team had won only one playoff game since Dwight D. Eisenhower was president. So Lions fans were justifiably delirious…
Since China reopened its borders in 2023 after three years of Covid isolation, domestic travel has thrived and high-speed rail has grown increasingly popular. But international trips in and out of the country are lagging, and flight capacity is still just a third of prepandemic levels. The economic stakes are high. Before the pandemic, Chinese…
Gov. Kathy Hochul appointed the daughter of a veteran gambling lobbyist to the state board that regulates the industry — raising concerns about potential conflicts of interest from government watchdogs, The Post has learned. Marissa Shorenstein — who served as head of Hochul’s transition team when she became governor — was tapped as commissioner on…
The owners of Gucci on Monday bought a prime Fifth Avenue retail property for a whopping $963 million — and it could mean the boot for rival fashion house Armani from its flagship location. Gucci’s parent Kering scooped up the 115,000 square-foot, three-level retail space at 715-717 Fifth Ave., at East 56th Street, which sits…
Paramount Global is sharpening the ax for a massive wave of staff reductions that could whack as many as 800 jobs, according to a new report. The debt-laden entertainment giant, which has been put up for sale, will begin slashing hundreds of jobs in February, Deadline reported late Sunday. The news follows a Wall Street…
At BK, having it you’re way now comes with a crown. Burger King employees have been ordered to tell customers “You rule” and to offer them a cardboard crown as a gesture of thanks for ordering a whopper or anything else on the menu. The Florida-based fast food chain is planning to send monitors to…
Former Harvard President Larry Summers slammed the university over its appointment of a Jewish professor who has called Israel “an apartheid state” to co-chair its antisemitism task force. Summers took issue with the appointment of Prof. Derek Penslar, a scholar of Jewish history, as co-chair of a task force that was named by the school’s…
Around twilight on Thursday, Los Angeles Times journalists gathered at Flora, a rooftop bar not far from the paper’s headquarters, to toast their departing editor, Kevin Merida. As reporters and editors sipped cocktails under a darkening sky, the talk was focused on why Mr. Merida, the paper’s editor for nearly three years, had decided to…
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