Business

New York pension money ‘held hostage' by Vladimir Putin, Russia

2 days ago   |   By New York Post

Pension systems have pledged to sell off the holdings in protest of Russia's assault on Ukraine, but Moscow has prohibited foreign investors from dumping the stocks.
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The Restaurant Dress Code Is Back

A number of restaurants are betting that Americans want to get gussied up again, but not everyone is thrilled about the fashion screening. Read more ...

SpaceX employees are quietly selling shares at a $125 billion valuation

That compares with a split-adjusted $56-a-share during a sale in October at a valuation of about $100 billion. It's unclear whether Elon Musk is selling stock as part of the... Read more ...

Revealed: Lionel Messi's Retirement Plan To Buy 35% Stake In MLS Franchise

Ex-FC Barcelona legend Lionel Messi plans to retire in the United States after buying a 35% stake in an MLS franchise in 2023. Read more ...

Why the U.S. can't just increase imports to solve the baby formula shortage

The FDA is easing its requirements on foreign baby formula, but high import tariffs bar global suppliers from plugging the shortfall in U.S. supply. Read more ...

After Helping Depress Twitter Stock, Elon Musk Floats Possibility Of Lower...

After Helping Depress Twitter Stock, Elon Musk Floats Possibility Of Lower Purchase Price

He still seemed unenthusiastic about buying due to concerns about bots, he told a conference. “The more questions I ask, the more my concerns grow.” Read more ...

Privacy Battle Over Connected Cars Takes An Interesting Turn In California

Data is money. And somewhere in the bowels of corporations that data is being exchanged in ways that might not benefit all customers. And California has a battle on their hands... Read more ...

Shanghai Hits Key ‘Zero-Covid' Milestone But No Immediate End To Lockdown...

All districts in the city have now reported zero Covid-19 cases outside quarantine areas for three or more days. Read more ...

Bank of England boss warns about 'apocalyptic' food-price rises and urges...

Andrew Bailey, governor of the Bank of England, giving evidence to the Treasury Select Committee at the House of Commons. House of Commons/PA Images via Getty Images The Bank... Read more ...

Sweden formally applied to join NATO, reports say

Protesters with Ukrainian flags and anti-war banners at a demonstration against Russia's invasion in Stockholm, Sweden. FREDRIK SANDBERG/TT NYHETSBYRÅN/AFP via Getty... Read more ...

The Right Way to Sanction Russian Energy

How to slash Moscow's revenues without crippling the global economy. Read more ...