Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop on Long Island Wednesday night, prompting banking groups to push back against the plan as the Republican version of Democrat Kamala Harris’ widely panned “price controls.” “While working Americans catch up, we’re going to put … Read more
NEW YORK — Former President Donald Trump made history in a New York City bar Wednesday, becoming the first US president to ever use Bitcoin to complete a transaction. Trump, 78, used the cryptocurrency to pay for burgers and beers he bought for patrons of PubKey, a Manhattan bar and restaurant famous for accepting Bitcoin, ahead of … Read more
The jury that convicted Sam Bankman-Fried of stealing billions of dollars from customers of his FTX cryptocurrency exchange only saw “half the picture” because the judge did not allow in critical evidence, his lawyer argued in their appeal on Friday. In a 102-page brief filed with the 2nd US Circuit Court of Appeals, Bankman-Fried’s lawyer wrote that … Read more
Goya Foods CEO Robert Unanue accused the Harris-Biden administration of being “complicit” in child trafficking and human trafficking by failing to control the southern border. Unanue leveled the claim after criticizing Vice President Kamala Harris’ pivot to focus on “price controls” for groceries and other goods. “How about the United States — instead of being … Read more
NEW YORK — Thousands of U.S. hotel workers in several cities are on a multi-day strike after contract talks with hotel operators Marriott International MAR.O, Hilton Worldwide HLT.N, and Hyatt Hotels H.N reached an impasse, the Unite Here union said on Sunday. Unite Here, which represents workers in hotels, casinos, and airports across the United States and Canada, said more than 4,000 workers are on strike in San Francisco and San … Read more
Health inspectors discovered dozens of disturbing violations including the presence of bugs, pools of blood on the floor and growing mold on equipment inside the Boar’s Head plant linked to a deadly nationwide listeria outbreak. Deli meats produced at the Boar’s Head factory in Jarratt, Virginia were recalled last month after officials identified it as … Read more
Stunning new video shows what a proposed glitzy $12 billion casino complex in Hudson Yards will look like while walking the High Line. The animated rendering of the ambitious Manhattan project by Related Companies and Wynn Resorts is partly aimed at countering opposition from advocates of the High Line park and other critics who claim … Read more
A new group of South Asian immigrant hotel owners is fighting a proposed bill they say would “destroy” the Big Apple’s hospitality industry and stomp out their American Dreams. Indian-Americans behind the New York City Minority Hotel Association own some 120 non-union hotels mostly outside of Manhattan and they are pushing back against a controversial … Read more
A federal judge in Texas on Tuesday barred a Federal Trade Commission rule from taking effect that would ban agreements commonly signed by workers not to join their employers’ rivals or launch competing businesses. US District Judge Ada Brown in Dallas said the FTC, which enforces federal antitrust laws, does not have the authority to ban … Read more
A powerful city union that is pushing legislation to ban Big Apple hotels from contracting out certain front-line jobs outsources work all the time to manage its Manhattan headquarters — including to some non-union firms, records show. The Hotel Trades Council spent more than $700,000 in contracts with outside firms over the past 10 years … Read more
