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…
A Panera Bread restaurant put its “Charged Lemonade” out of the reach of customers after the super-caffeinated drink was blamed for causing a fatal heart attack. An employee of a Panera Bread franchise in Manhattan told The Post that the once-refillable drink was moved behind the counter last October after the family of a 21-year-old…
Sen. Bernie Sanders and a group of Democratic lawmakers are pushing to raise taxes for companies that pay their chief executives at least 50 times more than their typical worker’s salary, saying the bill was needed to limit corporate greed. The union-backed proposal, which could impact some of the nation’s biggest companies and largest employers,…
Southwest Airlines said Monday its pilots approved a new labor agreement, which will offer about a 50% pay raise over a five-year period. About 11,000 pilots affiliated with the Southwest Airlines Pilots Association had been negotiating for better pay, retirement benefits, disability insurance and a revised scheduling process after the contract ended in September 2020. About…
New York is poised to become the seventh-worst state in the US to take up retirement in 2024, according to a recent study from WalletHub. States that fared worse than New York include Oklahoma, Rhode Island, Mississippi, New Jersey and Kentucky, which landed in last place. WalletHub ranked all 50 US states on how retirement-friendly…
Conservative commentator Andrew Sullivan got into a heated debate with MSNBC host Ari Melber on HBO’s “Real TIme with Bill Maher” when the scribe claimed that the left-leaning network pushes “propaganda all the time.” The show’s host Bill Maher played referee between his two guests on Friday night, as Sullivan argued that America’s political divisions…
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