New York Posts – Business

  • Finance bigs attend UJA’s annual Wall Street dinner
    by Carleton English on December 17, 2017 at 7:52 pm

    Some of the biggest faces in finance were on full display Monday at the UJA-Federation’s annual Wall Street dinner honoring Cantor Fitzgerald CEO Howard Lutnick and Tiger Global Management partner Lee Fixel. “I thought [the event] was incredible. I thought it was impactful. I’m always happy to brag about my brother,” Lutnick’s sister, Edie, told... […]

  • Dyson employees are in the dark about top-secret electric car
    by Lisa Fickenscher on December 17, 2017 at 4:56 pm

    Working at Dyson is like working in a vacuum. The UK-based luxury appliance maker has been developing an all electric car for the past several years, but even its own employees are in the dark about it, and those that are in the know have to sign non-disclosure agreements. “It’s our biggest secret,” Andrea Lim,... […]

  • Company scraps site to avoid suits for ADA violations
    by Lisa Fickenscher on December 17, 2017 at 6:56 am

    The Riese Organization owns dozens of restaurants in the Big Apple, but you won’t find a single Web site touting its franchises, including Pizza Hut, Nathan’s Famous and TGI Friday’s. “I took down the Riese Web site after I heard lawyers are suing companies for Americans with Disability Act violations for not providing access for... […]

  • Landline telephones still have their fans
    by John Crudele on December 17, 2017 at 5:42 am

    Dear John: You must live in a studio apartment. Cellphones aren’t carried around like soap on a rope. Many people have a landline in each room so they don’t have to run around the house looking for it when it rings. Now that we are getting so many robocalls, it is also easier to look... […]

  • How do I protect others from car dealership scams?
    by John Crudele on December 17, 2017 at 5:35 am

    Dear John: I recently went with my granddaughter to help her lease an inexpensive car. We looked at ads in newspapers and decided to go to a few dealerships to see what we could lease. All the ads were claiming ridiculously low prices and, although I knew it wouldn’t be that low, I thought we... […]

  • The person who created Bitcoin remains a mystery
    by Michael Kaplan on December 17, 2017 at 4:09 am

    Bitcoin was created by Satoshi Nakamoto from Japan. Or, some say, he or she might be a Finnish sociologist or a mathematician from Israel. Some think Nakamoto is the pseudonym of software developer Gavin Andresen, others believe it’s Tesla creator Elon Musk. (Both have denied the claim.) Whoever it is, the person behind bitcoin has... […]

  • What the reducing the SALT deduction means for your wallet
    by Jonathon Trugman on December 17, 2017 at 4:05 am

    With all the horse trading over the tax plan, the politicians and the president’s advisers are missing a key economic point. Most politicians and economists talk profusely about the so-called “middle-class,” but the fact is, in America, where states are free to tax whatever they can get away with, your ZIP code may be far... […]

  • North Korea’s stolen bitcoins now worth more than $80M
    by Eileen AJ Connelly on December 17, 2017 at 4:02 am

    North Korean hackers stole millions of dollars’ worth of bitcoin and other digital currencies earlier this year — which are now worth more than $80 million, South Korea’s spy agency said. Nearly $7 million of the cryptocurrency that went missing from electronic exchanges over several months was swiped using the same sort of malware used... […]

  • Thousands of New York homes hurt by ‘nightmare neighbors’
    by Catherine Curan on December 17, 2017 at 3:58 am

    More than 100 bank-owned homes are nightmare neighbors for fellow New Yorkers. Ten years after the foreclosure crisis began, the pain grinds on locally in low-income areas and communities of color, while big financial institutions are riding high with billions of dollars in profits amid record stock-market peaks. So why are banks letting local homes... […]

  • Bank of America let house become eyesore in Crown Heights
    by Catherine Curan on December 17, 2017 at 3:57 am

    In Crown Heights, a two-family house owned by Bank of America was the only eyesore on an otherwise well-kept block. Bank of America’s home had weeds growing several feet high in the front yard, while a thick carpet of trash, dead leaves and weeds bordered the fence in front. The IDC’s investigation uncovered multiple complaints... […]