• ‘Got milk?’ ads return as sales rise amid pandemic

    ‘Got milk?’ ads return as sales rise amid pandemic

    The dairy industry has a familiar question for you: “Got milk?” Six years after the popular tagline was retired, “Got milk?” ads are back. A dairy industry-funded group is reviving the campaign, hoping to prolong the boost milk has gotten during the pandemic. US milk sales have been in freefall for decades as choices grew …
  • Why looking at the stock market won’t give you full picture of US economy

    Why looking at the stock market won’t give you full picture of US economy

    Between the federal government and the Federal Reserve, about $10 trillion has been pumped into the US economy to prevent a pandemic-fueled economic collapse. Judging by the stock market, you would think we’ve sidestepped a 2008-size disaster. But stocks, at least in the short run, are rarely a good indication of what’s festering inside the …
  • Trader Joe’s backtracks on ditching ‘racist’ food brands

    Trader Joe’s backtracks on ditching ‘racist’ food brands

    Trader Joe’s scrapped plans to abandon its ethnic food brands days after pledging to ditch them amid charges of racism. The discount grocer says it may now keep some of the controversial names it has slapped on foreign foods for decades if they sell well enough and customers continue to appreciate them. “Recently we have …
  • A day after Congressional grilling, big tech stocks add $250 billion

    A day after Congressional grilling, big tech stocks add $250 billion

    A day after their leaders faced five hours of interrogation in Congress over allegations their power and influence is out of control, four of the biggest American tech companies saw their combined market value swell by $250 billion thanks to earnings that shocked even Wall Street. Shares of Amazon.com Inc., Facebook Inc., Apple Inc. and …
  • Gold price surges to record high amid COVID-19 fears and China tensions

    Gold price surges to record high amid COVID-19 fears and China tensions

    The price of gold hit a new record high Monday as US-China tensions and a resurgence in the coronavirus sent investors looking for safety. The precious metal — known as a stable investment in turbulent times — climbed more than 1 percent to $1,944 an ounce. That passed the prior record of $1,921 an ounce …
  • Aldi to open more than 70 new grocery stores by end of this year

    Aldi to open more than 70 new grocery stores by end of this year

    German-owned supermarket chain Aldi — a deep-discounting cousin of the popular Trader Joe’s supermarket chain — says it will open more than 70 new US stores by the end of the year in its quest to become America’s third-largest grocer. Aldi’s US arm is forging ahead with a more than $5 billion expansion plan despite …
  • Here’s the leaked racist map that got Red Bull execs fired

    Here’s the leaked racist map that got Red Bull execs fired

    Photos surfaced on Thursday of the racist slide shown at an internal Red Bull meeting that sparked the firing of three top executives earlier this week. The slide shows a distorted map from the viewpoint of an ignorant US consumer. “America!!! We’re #1!!!” is emblazoned across the United States, while an arrow pointing to the …
  • Company behind Dean & Deluca bankruptcy offers $10M to bring it back

    Company behind Dean & Deluca bankruptcy offers $10M to bring it back

    The company that drove Dean & Deluca into bankruptcy is offering $10 million for another shot at running the gourmet grocer, The Post has learned. Thailand-based real estate company, Pace Development, which sunk millions into a failed Dean & Deluca expansion before filing for Chapter 11 bankruptcy protection in April, outlined its plan for a …
  • Wall Street bonus forecast not as dire as in May

    Wall Street bonus forecast not as dire as in May

    With the economy slowly bouncing back from coronavirus quarantines, Wall Street bonus season is shaping up to be less of a nightmare and more of a very bad dream. The latest survey by compensation consultant Johnson Associates predicts that financial services pay will be slashed by 15 percent to 20 percent in 2020 — a …
  • Red Bull employees leak ‘offensive’ image from internal meeting

    Red Bull employees leak ‘offensive’ image from internal meeting

    Red Bull employees leaked an image of a slide from a February marketing meeting that some workers deemed offensive and “racist” amid heightened tensions at the caffeinated beverage giant. The slide showed a repurposed map meme that described India as “call centers,” China as “they make our stuff,” and Africa as “zoo animals come from …