A handful of American finance and tech tycoons are gearing up for multi-billion bids to buy TikTok after President Joe Biden signed an act which will force its Chinese owners to sell the app. The Wall Street and Silicon Valley figures are led by Steven Mnuchin, the former treasury secretary who has openly said he … Read more
Oh, sweet — the ‘nanny state’ is back! Fast-food chains and coffee shops in New York City would have to slap a warning on menu boards and packaging under a new rule from the Adams administration. The city Health Department’s first-in-the-nation edict will mean labels warning on food and drinks with more than 50 grams … Read more
Disgraced WWE mogul Vince McMahon fired back at a former employee who accused him of sex trafficking and sexual harassment, claiming she would sneak into his penthouse apartment to get in his bed before slinking back to her fiancé’s den in the same building, according to a court filing. McMahon alleged that 43-year-old Janel Grant … Read more
Civic leaders say the city is making a losing bet with a planned $12 billion casino for Hudson Yards – sacrificing promised housing for a flashy gaming complex. Manhattan’s Community Board 4 sent a scathing letter to Related Companies/Wynn Resorts over the planned facility, saying the developer hasn’t fulfilled a 2009 pledge to build apartment’s … Read more
It may be a case of lactose intolerance. Individually wrapped cheese would be largely banned under a far-reaching bill getting pushed by New York environmentalists and politicians to reduce the use of plastics, The Post has learned. The state bill — called Packaging Reduction and Recycling Infrastructure Act — would require companies with net incomes over … Read more
The House of Representatives has overwhelmingly passed a bill that will ban TikTok in the United States unless its Chinese owner divests from the company — making final passage into law “inevitable,” insiders say. The ban was tied to the vote on a $95 billion foreign aid package for Ukraine, Israel and Taiwan, and has … Read more
The Biden administration is enlisting the help of officials in 15 states to enforce consumer-protection laws covering airline travelers, a power that by law is limited to the federal government. The US Department of Transportation said Tuesday that the states, which include California, New York and Illinois, will help ensure that government enforcement activities keep up … Read more
A group representing the legal marijuana industry is warning Gov. Hochul’s cannabis regulators that a dramatic increase in the number of pot stores could have “disastrous consequences” for current licensed operators. Cannabis Association of New York president Damien Cornwell noted that state regulators have yet to weed out the hordes of illegal pot operators. “We … Read more
Mayor Eric Adams wants the Big Apple to become the “City of Yes” but he’s facing plenty of No’s. Many left- and right-wing members of the City Council expressed serious concerns this week over Adams’ “City of Yes for Economic Opportunity” proposal aimed at boosting business and job growth by overhauling more than 60-year-old zoning regulations. The sticking points among … Read more
Rite Aid is shuttering 53 additional stores in nine states across the US as part of the company’s bankruptcy proceedings, according to recent court filings. Stores are closing in California, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania and Virginia. According to Reuters, Rite Aid received permission from a bankruptcy judge on March 28 to … Read more
