Kevin Dugan
The Archive
Grubhub fees hurting small businesses, claims NYC council member
A New York City politician is pooh-poohing claims by food-delivery apps that they help mom-and-pop restaurants more than they hurt them. City Council Member Mark Gjonaj on Monday pushed back...
WeWork is proof that the IPO market is in trouble
WeWork’s parent company pulled its disastrous initial public stock offering on Monday — the latest signal that Wall Street is losing its appetite for overhyped startups that continue to bleed...
Billionaire bond king gets into postage stamp feud with rocker son
A billionaire former bond trader once accused of putting dead fish in air vents to get back at his ex-wife is involved in a new stink — this time with...
Top Wall Street bankers say firm botched $10M compensation payment
Two top Wall Street dealmakers say they were snookered into a four-year legal battle over $10 million in back pay — only to learn from the New York Post that...
Fed cuts interest rates again amid fears of global slowdown
A divided Federal Reserve eased interest rates on Wednesday amid mixed signals over the direction of the economy and growing pressure from President Trump. Just seven of 10 Fed officials...
Weil Gotshal quits Wall Street suit over potential multimillion-dollar mistake
White-shoe law firm Weil Gotshal & Manges is bowing out of a long-running Wall Street employment lawsuit amid revelations of botched legal work, The Post has learned. Lawyers for Weil...
JPMorgan metals traders accused of manipulating prices
Three JPMorgan Chase traders were accused by the Justice Department on Monday of masterminding a “massive,” eight-year scheme to manipulate international markets for precious metals like gold and silver. From...
Strike looming for General Motors workers
The United Auto Workers union and General Motors remain far apart in ongoing negotiations in Detroit, raising the likelihood of a midnight strike, sources told The Post on Saturday night....
Juul stock values plummet amid federal crackdown
Investors of e-cig giant Juul are seeing their stock valuations go up in smoke as the Trump administration gears up to ban the company’s best-selling product — mint flavored pods....
Raj Rajaratnam spotted leaving $17.5M pad after prison release
Raj who? Eight years after his $70 million insider trading trial shook Wall Street, former Galleon Group founder Raj Rajaratnam is back in town — and trying his best to...
Conviction upheld for trader who bragged scam was like 'f--king Christmas'
Christmas just got cancelled for Mark Johnson. A New York appeals court on Thursday upheld a conviction against the ex-HSBC currency trader, who was found guilty in 2017 of masterminding...
Law firm Weil Gotshal bans longtime client from its cafeteria
An unusually cozy relationship between white-shoe law firm Weil Gotshal & Manges and one of its longtime clients has soured — and cafeteria privileges have been revoked. “Weil informed us...
Uber accused of 'deceptive' tactics in food-delivery fee battle
Uber is being accused of using “deceptive” tactics to fight its regulatory battles in the Big Apple. The ride-hailing giant — scrambling to thwart a potential cap on the lucrative...
‘Gig’ workers may live California dream
The “gig economy” is on shaky ground in its own home state of California. Legislators there passed a landmark law on Wednesday that could force Uber, Lyft and other “gig...
Kardashian-inspired prison law frees $70M Wall Street scammer
A notorious inside trader who was slapped with a then-record 11-year prison term in 2011 was quietly released to home confinement in his swank Upper East Side apartment this summer...
DA's office probing wine consultant accused of scamming Wall Street elite
A wine-loving business consultant accused of bilking Wall Street highfliers out of millions is being probed by the Manhattan District Attorney’s Office, The Post has learned. Prosecutors in the DA’s...
Wealthy scammer used ritzy wine parties to lure in Wall Street bigwigs: suit
A New York business consultant known for throwing lavish wine parties at five-star eateries like Daniel has bilked a cadre of Wall Street bigwigs out of millions, according to a...
Marty Chavez is leaving Goldman Sachs
Marty Chavez, a former candidate to lead Goldman Sachs and one of its few openly gay top executives, is leaving the Wall Street powerhouse. Chavez, who rose to prominence as...
Cash-advance app Earnin changes its tune amid NY probe
A cash-advance app backed by rapper Nas has been scrambling to escape regulatory heat over concerns that it has been doing illegal payday lending in the Big Apple, The Post...
Investor who was once FBI informant files $25M defamation lawsuit against rival
An epic shouting match between two of Wall Street’s biggest loudmouths is headed to court. Guy Gentile — a stockbroker and former FBI informant who in 2017 accused his ex-girlfriend...