Browsing: Business

California’s bitterly contested billionaire tax appeared to be heading for defeat Tuesday night after a vicious campaign that split Democrats, sent Silicon Valley tycoons scrambling to…

It’s time to hang it up. After 20 years in business, a West Hollywood mom-and-pop shop is closing its doors for good. Brick & Mortar clothing…

Checking out. A beloved Asian supermarket chain is checking out of two California communities, leaving more than 100 workers facing layoffs as competition for grocery shoppers…

It’s arrivederci for a Napa Valley dining institution. Oenotri, a celebrated downtown Napa hotspot known for its upscale Italian fare, house-made salumi, and extensive wine list,…

Happy Corner Hospitality, which has conquered multiple Manhattan neighborhoods, will next smile on Midtown Madison Avenue. The restaurant group founded by Charlie Levy recently opened its…

One of the biggest owners of Outback Steakhouse restaurants in the country filed for bankruptcy this week, citing factors including rising food costs. Cerca Trova Restaurant…

Wall Street is getting skittish about Anthropic’s eye-watering valuation – with key investors pushing the artificial-intelligence giant to temper its expectations ahead of its blockbuster stock-market…

Apple shares fell 1.6% Tuesday despite reporting better-than-expected revenue as traders zeroed in on rising costs – fearful that an AI-driven surge in chip prices could…

North Korean hackers used an elaborate scheme to pull off their $6.3 billion hack of Binance last week, the crypto exchange said — approaching one of…

Walt Disney is considering cutting thousands of jobs and has asked some managers to target 20% in annual cost savings, Bloomberg ‌News reported on Monday, citing…