Business

RHONY-linked investment fund accused of ‘extortion’ of LA weed grower

The husband of an ex-“Real Housewife” used her fame to bamboozle a marijuana grower into an investment deal — and sent the enterprise up in smoke when his private-equity fund didn’t cough up the money, according to court papers. The fund — Gateway P..

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Why Ukraine is spiking gas prices — even though the US has enough energy

After decades of trying, America is finally energy independent. At least on paper. We’re currently the world’s top producer of crude oil, gasoline’s raw ingredient, and generate more crude than we consume. We also sell more of it overseas than we b..

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It may be years — or never — before McDonald’s reopens in Russia

The era of the Big Mac in Russia may be over for years and possibly for good — even if the war in Ukraine ends in the coming weeks or months, experts tell The Post. McDonald’s, which opened 850 restaurants in Russia over the past three decades, temp..

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US has sanctioned Putin, but what will that actually mean?

The Biden administration said it will follow in the footsteps of the European Union and impose sanctions against Russian President Vladimir Putin over his decision to send troops into Ukraine. “Following a telephone conversation President Biden held..

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Whoopi Goldberg is ‘untouchable’ at ‘The View’ after suspension

Whoopi Goldberg is more powerful than ever at “The View,” after her week-and-a-half suspension translated to the show’s worst ratings of the season. A well-placed source told The Post that “The View” moderator returned to work with a big grin on he..

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‘Pharma Bro’ Martin Shkreli permanently banned from running public companies

A US judge on Wednesday permanently barred former pharmaceutical executive Martin Shkreli from serving as an officer or director of publicly traded companies and ordered him to pay a $1.39 million fine for violating securities law between 2009 and 20..

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New York mobile sports betting operators have lost $200M, analyst claims

If you thought the sports-betting ads plastered all over New York meant the industry was having a heyday, take a look at their profits so far: likely zero. In fact, one tally of online bookmakers’ profits shows they’ve very likely lost money – aroun..

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Estee Lauder exec John Demsey suspended over racial slur on Instagram

A top executive at cosmetics giant Estee Lauder has been suspended by the company over a post on his Instagram account that included mention of the N-word. John Demsey, the executive group president who is responsible for brand names in the company’..

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Extell’s Fifth Avenue tower may have to build around mystery buyer’s holdout

When Extell Development Corp. builds a long-awaited supertall office-and-retail tower at the corner of Fifth Avenue and 47th Street, one piece will be conspicuously missing from the 1,100 foot-tall giant — the actual corner of Fifth Avenue and 47th S..

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New-age Cuomo daughter has booming online spirituality biz

Who does she think she is, Gwyneth Paltrow? The youngest daughter of former Gov. Andrew Cuomo and Kerry Kennedy has a booming online business hawking aura cleansing, vulva paintings and crystal trinkets. Michaela Kennedy-Cuomo, 24, has sold at leas..

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Former exec Tim Leissner says top Goldman Sachs bankers knew of Jho Low’s 1MDB ties

Top bankers at Goldman Sachs knew that Malaysian businessman Jho Low was involved in deals related to the 1MDB sovereign wealth fund that was robbed of billions of dollars, former Goldman executive Tim Leissner claimed under oath. Leissner took the ..

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David Solomon says Goldman Sachs’ blockbuster 2021 was no fluke

Goldman Sachs on Thursday upgraded its key profitability targets and set new goals for its asset management, transaction banking and consumer businesses as it laid out its strategy for the next three years. Wall Street’s premier investment bank is r..

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