Italian prosecutors have initiated an investigation against Italian drinks group Campari over unpaid taxes amounting to over $1 billion since 2018.
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US Car Sales in June Projected to Drop Owing to CDK Outage Affecting Dealerships Nationwide
New vehicle sales in the US are expected to be lower this month due to the CDK Global outage, which affected dealerships nationwide.
SCOTUS Trashes Lawsuit vs. Biden Administration’s Social Media Censorship
In a 6-3 vote, the US Supreme Court dismissed a lawsuit seeking to restrict the federal government’s ability to communicate with social media firms like Google, Meta, and Twitter/X about content moderation.
Boeing Dismissed Former Employee’s Concern About Flaws in 787 Planes, Complaints Claim
Richard Cuevas, the mechanic who repaired 787 jets for Boeing supplier Spirit AeroSystems in Everett, filed complaints with authorities after observing poor work and was fired for reporting the problems.
Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Latest News
The IRS received backlash from watchdogs for its delays in handling identity theft cases, which was deemed "unconscionable" despite financial support from democrats.
The Dataset Providers Alliance (DPA), formed on June 26, includes leading providers of AI training datasets to promote ethical data practices and protect intellectual property rights.
Interactive Brokers suffered a $48 million loss due to a recent New York Stock Exchange (NYSE) glitch, which temporarily displayed incorrect stock prices.
The Japanese yen has reached its lowest against the dollar since 1986, mostly due to the interest rate gap, prompting concerns over potential intervention by Japanese authorities.
The Biden administration will enforce inflation penalties on 64 prescription drugs, reducing costs for Medicare enrollees. This is part of efforts to lower US drug prices and support Biden's reelection agenda.
First Solar, a major donor to Biden's campaign, became the largest U.S. solar panel maker that benefited greatly from Biden's Inflation Reduction Act, with an estimated $10 billion in profits.
No Fortune 100 CEOs have donated to former President Donald Trump in this election cycle, according to new data.
Singapore has confiscated more than $4 billion in assets tied to criminal and money laundering activities over the past five years.
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
