New York factory that makes Dunlop tires shuttered by Japanese owner
The Japanese company that owns tire maker Dunlop has closed its 100-year-old New York factory and laid off 1,500 employees as it moves manufacturing overseas. Sumitomo Corporation, a Tokyo-based conglomerate with a market capitalization of more than $25 billion, closed its Dunlop factory in Tonawanda, near Buffalo, on Nov. 7. The closure is the latest […]
Nets owner Joe Tsai to buy stake in Miami Dolphins: report
Brooklyn Nets majority owner Joe Tsai and minority owner Oliver Weisberg will buy a stake in the National Football League's Miami Dolphins, according to reports. Tsai, who made his fortune as a co-founder of Chinese e-commerce giant Alibaba, will acquire a 2.9% stake in the team, while Weisberg will own 0.1%. Go to the Sports […]
Blackstone to become majority owner of Jersey Mike’s
See what's being clicked on FoxBusiness.com. Blackstone announced Tuesday that it will acquire sandwich chain Jersey Mike's Subs. The asset management company said majority ownership would be purchased by a “state-of-the-art flagship private equity vehicle” and other funds it manages. Blackstone aims to complete the acquisition early next year. The deal values the company at […]
LA Times editor addresses staff ‘concerns’ after owner suggests he wants to overhaul paper
top editors of Los Angeles Times Worried staff were reportedly reassured on Friday after the paper's billionaire owner vowed to take the paper in a new direction to “ensure all voices are heard”. LA Times owner Dr. Patrick Soon-Shiong said he wants to redo the newspaper's “entire body” after promising earlier in the week that […]
LA Times owner tells Fox News he's looking for recruits 'like Scott Jennings' to balance publication
After deciding not to endorse presidential candidates in the past election cycle, Los Angeles Times owner Dr. Patrick Soon-Shione plans to balance the paper's opinion pieces through new hires, including popular conservative commentators. He said that he is doing so. “I think it's important for us to distinguish that the editorial board is responsible for […]
Whoopi Goldberg Claims Bakery Refused Her Service Due To Politics, Owner Denies Claim And Community Defends Bakery
Whoopi Goldberg attends the 55th Annual CLIO Awards at Cipriani Wall Street on October 1, 2014 in New York City. (Photo by Dave Kotinski/Getty Images) OAN Staff Blake Wolf2:03 PM – Thursday, November 14, 2024 whoopi goldberg lately celebrated her 69th birthdayth Her birthday was featured on “The View” and she used the opportunity to […]
Los Angeles Times owner vows to shake things up
The billionaire owner of the Los Angeles Times says the paper is confusing news and opinion and vowed to move the paper in a different direction where all voices are heard and represented. Dr. Patrick Soon-Shiong, who bought the Los Angeles Times in 2018, told “Fox News at Night” on Thursday that he wanted the […]
NYC diner owner says Gov. Hochul doesn’t actually frequent his restaurant to talk congestion pricing
Congestion charges leave a bad taste in his mouth. The owner of a New York City diner named by Gov. Cathy Hochul says she won't be coming back there anymore, fearing the controversial $9 congestion charge will put her out of business. It is said that there is. Hochul reiterated Thursday that he was speaking […]
Bakery Owner Denies Refusing Whoopi Goldberg’s Dessert Order Over Her Politics
The owner of Holterman's Bakery in New York City denies the comments made by the comedian and his bakery. The View Host Whoopi Goldberg's request was rejected because she did not like Goldberg's left-wing politics. Wednesday, Goldberg claimed The baker, who she declined to name, reportedly refused her dessert order because he did not agree […]
Chicago man discovers owner of his favorite bakery is his birth mother
A Chicago man discovers that the owner of his favorite bakery is actually his mother, and now runs the business with her. “I was talking on the phone with a friend and I got a call from a bakery. I thought, 'Why is Give Me Some Sugah calling me?'” said Vamar Hunter, 50. Ta. washington […]