Washington Nationals owner Mark Lerner could sell team: report

The family that owns Major League Baseball’s Washington Nationals has taken initial steps to put the team up for sale, according to a report. Mark Lerner, the managing principal owner of the Nats, told The Washington Post that he has retained the services of New York-based investment bank Allen & Company to seek out potential … Read more

Bitcoin may plummet to $30K as tech stocks tank: analysts

Bitcoin could slump to $30,000 as the era of cheap money comes to a close and investors move cash from speculative assets to safer bets, market watchers suggest. Analysts note that cryptocurrencies are being treated by investors much the same as speculative tech stocks. While the tech-heavy Nasdaq was down nearly 4% last week, crypto … Read more

Joe Rogan slams Nancy Pelosi, pols for ‘insider trading’

Joe Rogan took aim at House Speaker Nancy Pelosi and other members of Congress for being allowed to own stock options even though they’re in a position to regulate the industries from which they are profiting. “They know laws that are going to be put into place,” Rogan said on his Spotify podcast on Thursday. … Read more

Manhattan commercial leasing activity rises 100% in Q1 from last year

Like the proverbial elephant examined by five blind men, the 460 million square-foot Manhattan office market lends itself to many different interpretations. There’s a statistic to support every perspective. A new report from CBRE cheerfully cites a near 100% rise in year-over-year leasing activity for the first quarter of 2022. The 5.68 million square feet of transactions … Read more

Wall beds sold at Amazon, Costco recalled after woman crushed to death

Nearly 130,000 wall beds that were on the market for about eight years are being recalled after one fell on a 79-year-old woman in 2018 and killed her, according to the Consumer Product Safety Commission.  Bestar and the CPSC jointly announced the recall of 129,000 Bestar Wall Beds “due to serious impact and crushing hazards,” according to a … Read more

Bucks star Giannis Antetokounmpo has money in 50 bank accounts

The NBA superstar known as the “Greek Freak” has given new meaning to the term “bank shot.” Giannis Antetokounmpo, the two-time MVP who last year led the Milwaukee Bucks to their first NBA title since 1971, opened bank accounts with 50 different banks — each one of them holding $250,000, his boss, team owner Marc … Read more

Candy factory that makes Kinder chocolate eggs closed over salmonella outbreak

Belgian health authorities ordered Italian confectionery group Ferrero on Friday to suspend production at its plant in Belgium, after an investigation into dozens of cases of salmonella linked to the company’s Kinder chocolates. Ferrero, which recalled several batches of Kinder Surprise chocolate eggs and other products from shelves in Spain, Britain, Ireland and United States, … Read more

No decision on whether to extend masks on planes as ‘unruly passenger’ fines surge

Transportation Secretary Pete Buttigieg said the Biden administration’s mandate requiring masks on airplanes and in public transport will either expire or be renewed on April 18 — no decision has been made. “We all want to get to where there are fewer restrictions. We just need to get to a point where it is safe … Read more

NY liquor stores can remain open on Christmas thanks to Hochul, Albany budget deal

Well here’s a bit of early holiday cheer. Tucked in the state’s bloated $220 billion budget deal reached by Gov. Kathy Hochul and Albany’s legislative leaders is a provision that will allow liquor stores to open on Christmas. While many New Yorkers may not have realized their favorite wine shop was legally barred from opening … Read more