Nancy Pelosi buys call options for Google, Disney stocks

Nancy Pelosi buys call options for Google, Disney stocks

Congress is in recess for the holidays — but Nancy Pelosi has kept busy playing the market. The Democratic majority leader and her husband, Paul Pelosi, recently bought millions of dollars worth of call options for stocks including Google, Salesforce, Roblox and Disney, financial disclosures published Thursday show.  The purchases occurred from Dec. 17 to … Read more

Elon Musk slams claims SpaceX satellites are blocking rivals

Elon Musk slams claims SpaceX satellites are blocking rivals

Elon Musk is firing back at critics who allege his private space firm’s satellites could result in an orbital traffic jam. Musk’s SpaceX has already launched hundreds of satellites – with plans to launch tens of thousands more – as part of its “Starlink” broadband internet system. The rapid buildup prompted intensifying scrutiny from international … Read more

JetBlue cuts flights through mid-January as Omicron rises

JetBlue cuts flights through mid-January as Omicron rises

JetBlue Airways has canceled flights into mid-January as it contends with crew shortages due to the surging Omicron variant, the airline confirmed late Wednesday. The New York-based airline said it has cut approximately 1,280 flights that were on its schedule through Jan. 13 — or about 10 percent of its planned capacity. But the company … Read more

Kamala Harris asking Wall Street CEOs for advice

Kamala Harris asking Wall Street CEOs for advice

Vice President Kamala Harris has frequently sought guidance from well-known Wall Street executives and business leaders as the Biden administration contends with a series of policy challenges at home and abroad, according to a report Wednesday. The outreach has occurred as Harris seeks to navigate various obstacles, including an ongoing border crisis, supply chain disruptions … Read more

72% of CEOs fear losing their gigs in 2022

72% of CEOs fear losing their gigs in 2022

A growing number of CEOs are worried about their job security due to business-related disruptions in the COVID-19 pandemic era, according to the results of a recent survey obtained by The Post. A survey by management consulting firm AlixPartners found 72% of CEOs fear losing their positions in 2022. The number rose significantly compared to … Read more

NYC taxi medallion baron paid for news stories to boost stock price, SEC claims

NYC taxi medallion baron paid for news stories to boost stock price, SEC claims

The brash boss of a New York City taxi medallion lender secretly paid for favorable news stories about his struggling company in a bid to boost its stock price, according to a Wednesday fraud complaint from the Securities and Exchange Commission.  Andrew Murstein, the 57-year-old president and chief operating officer of Manhattan-based Medallion Financial Corp., … Read more

Facebook tried to divide Dems, GOP over whistleblower: report

Facebook tried to divide Dems, GOP over whistleblower: report

Mark Zuckerberg urged his employees not to apologize for Facebook’s ills as staffers called lawmakers in Washington, DC, in an effort to discredit whistleblower Frances Haugen, the Wall Street Journal reported Wednesday.  In an effort to stop Democrats and Republicans from uniting in opposition to Facebook, which recently changed its name to Meta, the company’s … Read more

Elon Musk addresses mystery of bitcoin creator’s identity

Elon Musk addresses mystery of bitcoin creator's identity

Tesla CEO Elon Musk has weighed in with his thoughts on the real identity of the mysterious Satoshi Nakamoto, the anonymous person or group credited with creating bitcoin. Musk addressed the mystery of the bitcoin creator’s identity during a podcast published Tuesday. During the appearance, the host asked whether it was a “feature or a … Read more

Elon Musk says SpaceX will fly humans to Mars within 10 years

Elon Musk says SpaceX will fly humans to Mars within 10 years

Billionaire Elon Musk predicted Tuesday that SpaceX will be able to fly humans to Mars within the next 10 years. Musk made the bold prediction during an appearance on the Lex Fridman podcast. The Tesla founder reiterated his view that humanity should become a “multi-planet species” and detailed SpaceX’s plans to develop the necessary technology … Read more

Elizabeth Holmes jury fails to reach verdict as deliberations drag into sixth day

Elizabeth Holmes jury fails to reach verdict as deliberations drag into sixth day

Jurors in Theranos founder Elizabeth Holmes’ fraud trial started their sixth day of deliberations on Wednesday, with Silicon Valley observers anxiously awaiting a verdict.  Holmes is facing 11 fraud and conspiracy charges and up to 20 years behind bars for allegedly lying to investors and patients about her company’s blood testing technology.  Attorneys rested their … Read more