Verizon names new Oath CEO to replace Tim Armstrong

Verizon names new Oath CEO to replace Tim Armstrong

Verizon Communications on Wednesday named K. Guru Gowrappan as the new chief executive officer of its media and advertising business, Oath, replacing Tim Armstrong. Verizon last week said Armstrong was in talks to leave Oath. Gowrappan, currently Oath’s chief operating officer, will…

Tariff fight adds to China’s economic challenges

Tariff fight adds to China’s economic challenges

Interested in China? China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 percent last year to a still-robust 6.5 percent this…

ITC eliminates US tariffs on Canadian paper mills

ITC eliminates US tariffs on Canadian paper mills

The International Trade Commission on Wednesday nixed US tariffs that had been slapped on the Canadian paper mills earlier this year — a win for domestic newspapers that have lately been forced to shoulder higher prices for newsprint. The tariffs had been…

Sinclair, Tribune shares jump after Trump slams FCC

Sinclair, Tribune shares jump after Trump slams FCC

Sinclair Broadcast Group and Tribune Media shares rose on Wednesday after President Trump criticized the Federal Communications Commission for deferring a decision last week on their proposed $3.9 billion tie-up and a federal appeals court upheld a rules change on broadcast ownership…

A handshake in Helsinki, then two presidents get down to business

A handshake in Helsinki, then two presidents get down to business

Donald Trump and Vladimir Putin shake hands before heading into a private meeting. Helsinki Donald Trump and Vladimir Putin have shaken hands and exchanged pleasantries in Helsinki before beginning a private meeting which Mr Trump said would cover “everything from trade to…

21st Century Fox increases bid to take over Sky

21st Century Fox increases bid to take over Sky

Twenty-First Century Fox increased Wednesday its bid to take full control of European pay TV service Sky in a prolonged battle with rival Comcast. Fox raised its bid to 14 pounds ($18.58) a share as it seeks the 61 percent of Sky…

Trump slams Harley-Davidson over tariff dispute

Trump slams Harley-Davidson over tariff dispute

President Trump claimed Monday that Harley-Davidson was “the first to wave the White Flag” after the US motorcycle maker announced they would be moving some production overseas to avoid retaliatory tariffs by the EU. “Surprised that Harley-Davidson, of all companies, would be…

New Jersey governor signs sports betting bill into law

New Jersey governor signs sports betting bill into law

Sports betting is on the books in New Jersey, and parlors could begin taking best as early as Thursday. Gov. Phil Murphy signed a law Monday to let casinos and racetracks take bets on some professional and college sporting events — following…

David Koch says he’s retiring with health in decline

David Koch says he’s retiring with health in decline

Billionaire conservative icon David Koch is stepping down from the Koch brothers’ network of business and political activities. The 78-year-old New York resident is suffering from deteriorating health, according to a letter that older brother Charles Koch sent to company officials Tuesday…

CBS plans to challenge Redstone over bylaws change

CBS plans to challenge Redstone over bylaws change

Fireworks between CBS and its controlling shareholder, National Amusements, erupted anew on Tuesday in a filing that challenged an amendment to the Tiffany Network’s bylaws. CBS said in its filing with the Securities and Exchange Commission that the amendment imposed by NAI…

CBS board weakens Redstone’s hold as feud intensifies

CBS board weakens Redstone’s hold as feud intensifies

Shari Redstone showed up at the CBS board meeting she tried to scuttle only to witness a majority of directors vote to dilute her stake in the Tiffany Network. All Les Moonves-friendly directors not affiliated with Redstone-controlled National Amusements Inc. voted to…

Trump pressured USPS to jack up shipping rates for Amazon

Trump pressured USPS to jack up shipping rates for Amazon

President Trump personally pressured Postmaster General Megan Brennan to double the charges Amazon and other firms pay to ship packages, a new report said Friday. Brennan resisted Trump’s demand, explaining “in multiple conversations” that the rates are set in contracts and that…

Fox near deal to buy seven TV stations from Sinclair

Fox near deal to buy seven TV stations from Sinclair

Sinclair Broadcast Group has agreed to sell seven TV stations it is acquiring from Tribune Media to Fox Television Group, sources told The Post. The 21st Century Fox unit will be acquiring Fox affiliate stations in Seattle, Denver, Cleveland, Sacramento, San Diego…

David Hogg sets his anti-gun sights on BlackRock, Vanguard

David Hogg sets his anti-gun sights on BlackRock, Vanguard

David Hogg, one of the student leaders to emerge from the school shooting in Parkland, Fla., is calling on investors to boycott BlackRock and The Vanguard Group, the nation’s two largest investment-management companies, over their holdings in gun companies. “[BlackRock] and [Vanguard]…

Starbucks to close 8,000 stores for racial bias training

Starbucks to close 8,000 stores for racial bias training

Starbucks announced Tuesday that it plans to close more than 8,000 stores for an afternoon next month to conduct racial bias training. The announcement comes days after two innocent black men were arrested in a Philly store for refusing to leave while…

The Incredible True Story of How a Florida Teacher Became Head of 1 of the Biggest Brands on Earth

The Incredible True Story of How a Florida Teacher Became Head of 1 of the Biggest Brands on Earth

Lydia Winters is living the dream. As the brand director at Mojang, she’s responsible for maintaining all aspects of the massively popular Minecraft brand — from tiny collectible figurines to international events, Winters has her hands in pretty much everything. It should…

Consumers not confident about NYC’s economic future: analysis

Consumers not confident about NYC’s economic future: analysis

New York is suffering from a retail apocalypse. It’s so bad, consumer confidence in the city’s economic future has plummeted to the lowest level recorded since December 2015, the latest analysis reveals. Signs of this deepening malaise are everywhere: Boarded-up retail storefronts…

Mexico president says door open to U.S. rejoining TPP

Mexico president says door open to U.S. rejoining TPP

LIMA (Reuters) – Mexican President Enrique Pena Nieto said on Friday that the door was open to the United States rejoining the Trans Pacific Partnership, after U.S. President Donald Trump ordered his economic advisors to look at rejoining the sweeping trade deal….