Hobby Lobby’s founder said that he has relinquished ownership of his multibillion-dollar retail empire because he has “chosen God” — and the move may also help him avoid a hefty tax bill. David Green, the 80-year-old CEO of the arts and crafts chain whose net worth has been valued by Forbes at $13.7 billion, likened … Read more
The Applebee’s Neighborhood Grill & Bar in Times Square plans to appeal a $7 million judgement over unpaid rent to its current landlord — and is meanwhile in talks to move to a another space nearby, The Post has learned. The family friendly eatery at 234 W. 42nd St. hasn’t paid rent since April 2020, … Read more
A pair of California weed companies that sell “the one Joint that will get you to Mars quicker than Elon Musk” are being sued for allegedly not getting customers high enough. Jasper Centeno, of Long Beach, and Blake Wilson, of Fresno, are named in the class-action lawsuit filed Thursday against the makers of Jeeter prerolls, … Read more
Red-hot inflation is crushing retirement savings plans, with many Americans increasingly worried that they’re falling behind on their goals, according to survey results released Monday. A whopping 55% of Americans said they were behind on retirement savings, compared to 35% who said they were on track with or ahead of their goals, the survey conducted … Read more
MSNBC anchor Ali Velshi argued that Republicans have created a “great inflation myth” to falsely paint President Biden and other Democrats as responsible for decades-high inflation ahead of critical midterm elections. Velshi made the point during an interview with Democratic Rep. Brenda Lawrence of Michigan – asserting that while inflation was “real,” it has occurred … Read more
Amazon has frozen hiring in parts of its lucrative web services division — an apparent escalation of the company’s cost-cutting efforts, The Post has learned Amazon Web Services — the highly profitable division that brought in more than $62 billion in revenue in 2021 — has started telling some job candidates that roles they were … Read more
More than two dozen popular dry shampoo aerosol products are being recalled due to “potentially elevated levels of benzene,” federal health officials warned. Unilever issued a recall for certain lot codes of its Dove, Nexxus, Suave, TIGI (Rockaholic and Bed Head) as well as TRESemmé dry shampoo aerosol products after an internal investigation revealed that the “potentially elevated” … Read more
Disney World has been accused of cheating customers who paid hundreds of dollars for yearly passes to gain unlimited access to its Florida parks — by imposing COVID-19 restrictions on their visits even as it sold access to other park goers, according to an explosive lawsuit. Two Florida-based theme park customers — who each paid … Read more
Wall Street is likely rooting for the Houston Astros to beat the Philadelphia Phillies in the upcoming World Series since the markets have historically crashed whenever a baseball team from the City of Brotherly Love has taken the crown. On Sunday, the Phillies — who qualified for the playoffs by clinching a wild card spot … Read more
Malcolm Gladwell is furious at JPMorgan Chase and its CEO Jamie Dimon over their handling of a heated dispute with the famed author’s well-connected wealth manager, according to a report Monday. The financial adviser, Gwen Campbell, has a roster of powerful clients that includes Gladwell and ex-baseball star-turned-entrepreneur Alex Rodriguez, The Financial Times reported. Campbell … Read more