Business

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Wall Street execs ‘pleading’ for JPMorgan to cancel event in crime-ridden San Francisco

JPMorgan insists it’s going ahead with an in-person conference in San Francisco in January, but alarm bells ringing among some attendees could force the meeting online — and it’s not because of Covid worries....

HaSalon restauranteur opened 12 new restaurants since COVID started

Ever wonder what happened to that guy who was selling a tomato for $24? Not only has he survived the pandemic, but his business is growing as if it were in a hothouse full...

Crypto firms pay massive price tags to name sports arenas

Cryptocurrency companies are being forced to shell out massive premiums in sports sponsorship deals as professional teams weigh the risks of getting burned — like some of them did during the dot-com bubble.  Crypto.com, a...

Black Friday crowds return despite weaker discounts

Despite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores. Holiday-hungry consumers spent $8.9 billion online Friday, according to Adobe...

Peloton sues Lululemon in battle over bras and leggings

Peloton has sued Lululemon after the athletic apparel maker threatened its own lawsuit over the exercise bike company’s new apparel line. The lawsuit was filed in Manhattan federal court on Wednesday night, 2-1/2 months after Peloton launched its apparel...

Subway’s future in doubt after death of sandwich chain’s founder

The death of a nuclear physicist who co-founded Subway Restaurants has thrown the fast-food giant’s future into doubt, with dealmakers fretting that hopes to sell the struggling chain look more complicated than ever. Peter Buck...