Business

Amazon has overtaken Walmart to claim the No. 1 spot on the Fortune 500, ending the retailer’s 13-year run at the top of the annual ranking of America’s biggest companies by revenue.

Ken Griffin’s New York City property tax bill is reportedly set to go up seven figures, thanks to Mayor Zohran Mamdani and Gov. Kathy Hochul’s controversial pied-à-terre tax on luxury second homes.

Red Lobster will close its Times Square flagship restaurant and only New York City location on June 14 after 23 years, citing years of construction, reduced visibility and declining foot traffic.

Billionaire investor Peter Thiel reportedly moved his family from the US to Argentina’s capital Buenos Aires as a refuge from high taxes, political turmoil and potential catastrophes like nuclear war, an AI meltdown — and high taxes.

T-Mobile Fiber customers in multiple states were still struggling to get online Friday after an outage stretched into a second day

Ex-JPMorgan broker Brent Bodner, who was recently awarded $4.25 million in damages after he was fired over a $642.50 deli platter, said his ouster was “premeditated” — a fracas he now calls “the salami incident.”

A $642.50 Super Bowl sandwich platter ended up costing JPMorgan Chase $4.25 million.

New York City Mayor Zohran Mamdani’s plan to open a $30 million, city-owned grocery store in East Harlem is aimed for a site that was already approved for a $25 million public upgrade years ago – setting the stage for a bizarre boondoggle that has perplexed local business leaders, The Post has learned.

Ex-JPMorgan banker Chirayu Rana cannot remain anonymous in his explosive sex slave lawsuit against a female executive at the bank, a judge ruled Tuesday — the latest major blow his his legal case.

Ferrari shares plunged 5% Tuesday as car fanatics called the brand’s new $640,000 electric vehicle a “monstrosity” – comparing the design to much-cheaper rides and bashing the brand for using tech to replicate the iconic engine growl.