Music streaming giant Spotify said it continued to grow its subscriber base and advertising revenue thanks to podcasts in the third quarter, as the effects of the pandemic waned. Shares of Spotify rose over 5.6 percent in early-morning trading to $266.67. Spotify Chief Executive Daniel Ek told investors Wednesday that subscriber “choppiness in the first … Read more
A federal judge has denied the Southwest Airlines pilots union’s bid to temporarily block the company from imposing a COVID-19 vaccine mandate for employees, saying the mandate is within the airline’s authority. The Southwest Airlines Pilots Association, which represents the company’s nearly 10,000 pilots, sought a temporary restraining order against the mandate, arguing that it … Read more
The price of bitcoin fell Wednesday morning amid a filing for a new exchange traded fund that will bet against the price of the cryptocurrency. Bitcoin was down almost 7 percent at $58,475 per coin Wednesday morning, down more than 12 percent from its all-time high of just over $66,900 reached last week. Ethereum was … Read more
The producers of Alec Baldwin’s Western film “Rust” have reportedly hired powerhouse law firm Jenner & Block to interview cast and crew about the accidental, fatal shooting of cinematographer Halyna Hutchins. In a letter to cast and crew obtained by NBC News, the “Rust” producers said that federal workplace investigators are probing the workplace death … Read more
Walmart insisted “safety is always a top priority” as it scrambled this week to reach thousands of customers who bought a recalled air freshener spray linked to a dangerous bacteria that’s now killed at least two, including a child. “Our sympathies go out to the four families that have been impacted by this situation,” the … Read more
ViacomCBS is nearing a sale of its historic CBS Studio Center lot in Los Angeles — the home of popular TV shows including “Seinfeld,” The Post has learned. Final bids are in for the massive collection of soundstages, which has been home over the years to series like “Gunsmoke,” “Gilligan’s Island” and “Big Brother” — … Read more
CBS earlier this year mulled selling its sprawling New York-based CBS Broadcast Center in Manhattan’s Hell’s Kitchen neighborhood, sources told On The Money. A source told The Post that the company had “looked at” selling the Broadcast Center — located at 524 West 57th St. between 10th and 11th Avenues — in late 2019, when … Read more
Fear-mongering posts discouraging Americans from voting in US elections and participating in the US Census have run rampant on Facebook, according to an internal company study obtained by The Post. A whopping 20 percent of US Facebook users have seen content that discourages or interferes with them participating in elections, according to a 2019 survey … Read more
Private equity shops and hedge funds spent more than $625 million on the 2020 campaign cycle, according to a tally from the liberal advocacy group Americans for Financial Reform. The report comes as the industry faces potential hikes in taxes and other changes to how income is treated that Democrats have proposed as part of … Read more
Digital culinary hub Food52 is moving its headquarters from Chelsea to the Brooklyn Navy Yard — and, dramatically, to Dock 72, the ship-shaped waterfront office tower by Rudin Development and Boston Properties. It’s a momentous move for Food52, the online cooking-and-home brand that reaches 25 million people every month. It was named one of the … Read more