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Silicon Valley giant slashes even more jobs as AI boom sparks bloodbath
The AI bloodbath continues in tech as Meta announced it plans on cutting thousands of jobs in Silicon Valley.
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46-story SL Green tower project slated to begin in the fall
Demolition of the old Brooks Brothers building at 346 Madison Ave. and of next-door 11 E. 44th St. will start in the third quarter, SL Green leasing director Steven Durels told Realty Check.
Asian toy companies — like Labubu maker — invading NYC’s Times Square after recent departures
The largest is soon to come — a 7,000 square-foot emporium for Chinese-owned PopMart, makers of creepy but cuddly Labubu dolls, at 1540 Broadway. Another Chinese brand, TopToy, will open soon in a highly visible, 2,000 square-foot corner of 1515…
Capitol Hill suddenly silent on the destructive impact NIL has had in college sports
Finally, there’s a bipartisan initiative in Congress to fix the mad cash grab that’s plaguing college sports — but it has been greeted with a remarkable hush from the crowd.
Trump plans to appeal order that allowed importers tariff refunds
The Supreme Court ruled that President Trump doesn’t have the authority to impose higher import taxes on goods from nearly every other country.
Red Lobster closing Times Square flagship location after 23 years
“Times Square has been an important chapter in Red Lobster’s history, and this was a difficult decision.”
Costco says its gas stations set all-time volume records as shoppers search for cheap fuel
Costco’s gas stations have seen a rise in demand for their low-priced gasoline, as the surge helped the company top expectations for its third-quarter sales.
China fueling anti-data center sentiment across US, Trump admin and ‘Shark Tank’ star Kevin O’Leary claim
“This is just another attack on the US and our ability to be competitive,” Interior Secretary Doug Burgum said.
Your European vacation could cost more than ever as airlines hike prices, slash thousands of flights
Roughly 40% of Europe’s jet fuel supply passes through the Strait of Hormuz – but the crucial trade route has been blocked off amid the Iran war, more than doubling fuel costs for European airlines.
JPMorgan’s Jamie Dimon slams ‘full of s–t’ Coinbase CEO Brian Armstrong in crypto feud
The tough-talking Queens native, in the top job at JPMorgan for two decades, warned America’s biggest lenders “will not accept” the current version of the Clarity Act.
Gas prices sink as oil set for 20% drop — largest one-month decline since 2020
Prices at gas pumps are starting to sink and oil is on track to drop 20% in May as investors remain optimistic that a ceasefire deal to end the Iran war is near.
Trump’s top Wall Street cop shoots down Biden-era climate rules for US firms
President Trump’s top Wall Street cop moved Friday to kill a sweeping Biden-era climate rule that would force US firms to report on global warming risks and their own greenhouse gas emissions. Paul Atkins, the chairman of the Securities…
Dell stock surges on deal with Pentagon, making CEO $31B richer overnight
Dell stock surged roughly 30% over the last 24 hours – boosting founder and CEO Michael Dell’s net worth by some $36 billion as well as the shares purchased by President Trump in February. Dell’s net worth is now valued at roughly…
LinkedIn co-founder Reid Hoffman lashes out at Trump over reports of probe connected to E. Jean Carroll
“Trump’s newest accusation of me is absurdly false,” Hoffman wrote Thursday in a lengthy post on X.
Bleak outlook for California teens desperate for summer jobs
The Golden State had a whopping 23.3% rate of unemployed teens in the state in April.
Former TV anchor’s home reduced to ashes in overnight fire
A former local TV news anchor watched her home go up in flames as firefighters battled a massive blaze that could be seen from miles away.
Peter Thiel moves family to Argentina to flee high taxes — and potential nuclear war, AI meltdown: report
The billionaire investor reportedly moved his family to Buenos Aires as a refuge from high taxes, political turmoil and potential catastrophes like nuclear war and an AI meltdown.
Dems ‘simply don’t believe’ Jill Biden’s claim she thought Joe was having a stroke during disastrous debate: report
Alex Thompson, an Axios reporter who co-authored “Original Sin,” the 2025 book about Biden’s mental demise and its cover-up, cast doubt on the former first lady’s attempt to “rewrite this portion of history.”
Paramount Skydance meets with DOJ about WBD deal, allows critics to listen in on talks: sources
On paper, opposition to the deal centers on the notion that the combination will lead to fewer jobs and less competition. People close to Paramount believe the real opposition is political.
T-Mobile Fiber outage stretches into second day — as customers in multiple states struggle to get online
T-Mobile acknowledged Friday that some customers remained offline.
Jamie Dimon reveals his warning to Mamdani during closed door meeting
JPMorgan Chase CEO Jamie Dimon has claimed that he told Mayor Zohran Mamdani “everything I wanted to say” when the two met face-to-face last week.
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