Federal agents raided home of Andrew Left in 2021: report

Federal agents raided home of Andrew Left in 2021: report

Federal agents reportedly raided the home of Citron Research founder Andrew Left last year as part of a sweeping investigation into alleged wrongdoing by short-sellers. The FBI seized computers from Left’s home sometime in the early part of 2021, Bloomberg reported. Left, the activist short-seller once dubbed “The Bounty Hunter of Wall Street,” told the … Read more

Better.com loses more top executives after CEO Vishal Garg’s Zoom layoff meltdown

Better.com loses more top executives after CEO Vishal Garg's Zoom layoff meltdown

A growing number of top executives are fleeing from online mortgage lender Better.com, weeks after its boss fired hundreds of workers over Zoom in a high-profile meltdown. The latest to jump ship include Sarah Pierce, Better’s executive vice president of customer experience, sales and operations, and Emanuel Santa-Donato, the company’s vice president of capital markets … Read more

Stocks slide as strong jobs report stokes rate-hike fears

Stocks slide as strong jobs report stokes rate-hike fears

Stocks are slipping and Treasury yields are jumping on Friday after a blowout US jobs report raised Wall Street’s expectations that the Federal Reserve may soon start raising interest rates sharply. The S&P 500 was 0.4% lower in morning trading after the Labor Department said employers added 467,000 jobs last month, triple economists’ forecasts. Some economists … Read more

Meta adds feature to metaverse after ‘virtual gang rape’

Meta adds feature to metaverse after 'virtual gang rape'

Mark Zuckerberg’s Meta is adding a feature to combat virtual-reality harassment days after a woman said she was “virtually gang raped” in the company’s metaverse.  The feature, called “personal boundary,” will prevent other users’ virtual avatars from “invading your avatar’s personal space,” the company formerly known as Facebook said in blog post on Friday. The … Read more

News Corp breached by hackers with apparent China link

News Corp breached by hackers with apparent China link

Employees at the New York Post and Wall Street Journal were targeted in an apparent intelligence-gathering operation by Chinese hackers, a cybersecurity consultant for the newspapers’ parent company said Friday.  News Corp said the hackers accessed email accounts and documents from a “limited number” of employees who included journalists. The hack also affected financial news … Read more

Mayor denies city will dismantle bridge for Bezos’ yacht

Mayor denies city will dismantle bridge for Bezos' yacht

The mayor of a city in the Netherlands has denied reports that authorities planned to dismantle a historic bridge in order to allow Jeff Bezos’ massive superyacht to pass through. Rotterdam Mayor Ahmed Aboutaleb said that no decision had been made about whether to take apart a portion of the century-and-a-half old Koningshaven Bridge, which … Read more

US adds 467K jobs in January despite Omicron chaos

US adds 467K jobs in January despite Omicron chaos

US employers unexpectedly added 467,000 jobs in January, far more than expected, even as businesses and workers weathered chaotic conditions due to the Omicron variant. The US unemployment rate was 4.0 percent, up slightly compared to December. The stronger-than-expected January numbers followed a dismal report last month, when US employers added just 199,000 jobs. January’s Omicron … Read more

NYC’s Third Avenue on UES goes from retail hub to stretch of doctors, dentists

NYC's Third Avenue on UES goes from retail hub to stretch of doctors, dentists

The doctor is in on Third Avenue from Bloomingdale’s north to East 79th Street. So are the dentist, the veterinarian and your neighborhood cryotherapist. The corridor that was once known for sportswear now resembles a mile-long, health-and-fitness fair more than a traditional shopping stretch. The twenty blocks through the Upper East Side’s middle-class (by Manhattan … Read more

Amazon raises cost of Prime by $20

Amazon raises cost of Prime by $20

Amazon is raising the cost of an annual Prime membership by $20 due to surging labor and transportation costs, the company said Thursday.  An annual US Prime membership will rise from $119 to $139, while a monthly membership will increase from $12.99 to $14.99, Amazon said in its fourth quarter earnings release.  The change will … Read more