Activist investors have a new obsession: Urging companies to hold (or HODL, as crypto enthusiasts say) Bitcoin on their balance sheets to boost revenue and possibly transform their businesses by betting on the cryptocurrency’s staying power. Last week, Strive Asset Management CEO Matt Cole revealed on X he was pushing GameStop — the beloved meme … Read more
A California company’s dried lily flowers have been recalled because they may contain undeclared sulfites, according to the U.S. Food and Drug Administration. The FDA and Hayward, California-based U.S. Trading Co. announced the recall of Joy Luck brand dried lily flowers on Tuesday, March 4. “People who have an allergy or severe sensitivity to sulfites run the risk of … Read more
Red Robin is the latest in a growing number of fast-food eateries planning to shutter underperforming locations following a spate of financial difficulties. The chain on Wednesday announced it is weighing plans to potentially close 70 locations once their lease expires, as it attempts to turn around its operations. The company has already closed one … Read more
Toy makers with US manufacturing facilities are getting slammed with orders as the industry scrambles to negotiate a slew of stiff tariffs from the Trump administration, The Post has learned. MGA Entertainment, which makes Bratz and LOL Surprise dolls, also owns the 56-year-old Little Tikes brand, which manufactures larger, indoor and outdoor toys at a … Read more
Adidas has sold its last pair of Yeezy sneakers and a turnaround is in sight after ending its partnership with controversial rapper Ye – but now the sneaker giant is bracing for a sales hit from President Trump’s tariffs. The Germany-based company on Wednesday forecast operating profit between $1.8 billion and $1.9 billion in 2025, … Read more
The Biden administration funneled at least $20 billion dollars into environmental groups, most of which had only recently been founded, The Post has discovered. In one case, former Vice President Kamala Harris handed over a check for nearly $7 billion to Bethesda, Maryland, based group Climate United Fund, which does not appear in the IRS’s … Read more
Shoppers can expect to see higher prices at the checkout counter – on goods ranging from avocados to computers to Tonka trucks – with some hikes from the new tariffs coming as early as the end of the week, business leaders warned. Target CEO Brian Cornell was among the first to raise the alarm after … Read more
Alphabet’s Google met with President Donald Trump’s government last week and urged them to back away from a push to break up the search engine company, according to a person familiar with the matter. The Justice Department is currently pursuing two anti-monopoly cases against Google – one over search and another over advertising technology. “We routinely … Read more
Apple had social media buzzing on Tuesday after unveiling the latest version of its iPad Air – and another major product upgrade announcement is likely just around the corner. CEO Tim Cook had teased some major product announcements “this week” in an X post on Monday, which included a stylized video with the phrase “There’s … Read more
Americans can expect to pay higher prices in the coming days for produce such as strawberries, bananas and avocados that are imported from Mexico as President Trump’s tariffs go into effect on Tuesday, according to Target’s chief executive officer. The Minneapolis-based retailer warned that new tariffs and economic uncertainty would pressure its first-quarter profits, as … Read more