The Latest

Feds charge nearly 200 doctors, nurses and others in $2.75B health care scam

The two-week operation ensnared defendants accused of illegally distributing millions of pills of the stimulant Adderall.

H&M shares drop 13% after CEO casts doubt on June sales, margin target

The retailer cast doubt on its ability to reach its full-year margin target and predicted lackluster June sales. 

'Don Corleone of cybercrime' behind JPMorgan hack ran new scam while cooperating with FBI: report

Geri Shalon is alleged to have run a cybercriminal syndicate that hacked into tens of millions of accounts at JPMorgan Chase and other companies.

Levi's shares drop 15% after weakness in wholesale business sinks quarterly revenue

Although denim is back in style -- including the resurgence of early 2000s jorts -- Levi Strauss isn't seeing a significant bump in sales.

Supreme Court strips SEC's use of in-house judges in major blow to Wall Street regulator

The justices ruled in a 6-3 vote that people accused of fraud by the SEC, which regulates securities markets, have the right to a jury trial in federal court.

Not lovin' it: McDonald's McPlant burger failed, customers shunned non-meat option

McDonald's declared that its experiment with plant-based burgers was a disaster.

ChatGPT owner OpenAI strikes multi-year content deal with Time magazine

The artificial intelligence company has signed similar deals over the past few months with the The Post parent News Corp, Financial Times and Business Insider-owner Axel Springer.

Walgreens could shutter over 2K stores as sales plunge amid stubborn inflation

Walgreens announced it will be cutting its profit forecast for the fiscal 2024 year and closing more stores across the US in its latest attempt to deal with a "difficult...

SpaceX prepping tender offer at record $210B valuation: report

SpaceX will sell to employees and other insiders at $112 per share, Bloomberg reported, citing people familiar with the matter.

Megyn Kelly mocks Hillary Clinton 'cringe' book cover: 'Retouching I haven't seen since Joan Rivers had her 15th surgery'

"The amount of retouching on this face I haven't seen since Joan Rivers had her 15th surgery -- God love Joan," Kelly said on her SiriusXM show.

Uber loses challenge to California gig work law in US appeals court

Uber in a statement on Monday said the ruling would not change the status of its relationships with its drivers, who are considered to be contractors under a 2020 ballot...

Citigroup urges staffers to 'keep cool' as anti-Israel protesters surround NYC headquarters

Video obtained by the Post shows pro-Palestinian protesters waving signs and chanting slogans including "From the river to the sea, Palestine will be free" and "From the sea to the...

Morgan Stanley wealth advisors tap AI to do their 'grunt work': report

Executives will reportedly roll out a new AI assistant for 15,000 advisors by the start of July that will automatically draft emails and summaries of any discussions.

Amazon hits $2T in market value for the first time as AI fervor, rate cut bets drive gains

Amazon Web Services is the largest cloud services provider in the world, and growth at the Amazon unit has returned after a dip in the past year, thanks to surging adoption of AI technologies.

IRS issues rare apology to billionaire Ken Griffin over tax records leaks to NY Times, ProPublica

The apology is part of a settlement to a lawsuit filed against the IRS in 2022 by Griffin, founder and CEO of Citadel, alleging that an employee at the agency...

AI a 'fire accelerator' for Big Tech antitrust abuses, international regulator warns

Powerful AI systems “will make all the problems only worse,” said Andreas Mundt, who cited fears that users won’t be able to avoid Big Tech platforms in favor of alternative...

Fugitive financier cuts $100M DOJ deal to forfeit paintings by Warhol, Monet

A fugitive Malaysian money man who once partied with Leonardo DiCaprio has struck a $100M deal to settle lawsuits accusing him of buying luxury art with embezzled funds.

Paramount Global set to ax more employees after 'unacceptable' profit drop

The announcement came at a town hall meeting with Paramount Global's co-CEOs soon after failed merger talks with production company Skydance Media.

LVMH boss buys stake in Cartier owner, sparking takeover rumors: reported

LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle.

Southwest cuts revenue outlook despite booming summer travel

Southwest said the revenue per mile outlook is worsening mostly due to the difficulty of adapting its pricing to “current booking patterns in this dynamic environment.”