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Italy's Campari Faces Investigation Over Alleged Tax Evasion

Italy's Campari Faces Investigation Over Alleged Tax Evasion

Italian prosecutors have initiated an investigation against Italian drinks group Campari over unpaid taxes amounting to over $1 billion since 2018.


IRS Slammed by Watchdogs Over Delays in Resolving Identity Theft Cases

The IRS received backlash from watchdogs for its delays in handling identity theft cases, which was deemed "unconscionable" despite financial support from democrats.

Data Providers Join Forces to Set Ethical Standards for AI Training Data

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.

NYSE Glitch Led to a $48 Million Loss for Interactive Brokers, but NYSE Denies Compensation

Interactive Brokers suffered a $48 million loss due to a recent New York Stock Exchange (NYSE) glitch, which temporarily displayed incorrect stock prices.


Latest News

First Solar
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 Donald Trump Despite Being Historically Republican-Leaning
No Fortune 100 CEOs have donated to former President Donald Trump in this election cycle, according to new data.
Singapore Seized Over $4 Billion in Dirty Money From Criminal, Money Laundering Activities Since 2019
Singapore has confiscated more than $4 billion in assets tied to criminal and money laundering activities over the past five years.
Shein's Potential London IPO Slammed by Amnesty International UK: A 'Badge of Shame' for LSE
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
China Welcomes US Dairy Companies Expanding in Chinese Market
China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.
PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says
PetroChina International America has agreed to pay a fine and forfeiture totaling $14.5 million for violations of US export law.
Tesla Recalls Futuristic Cybertruck Pickups to Fix Two More Issues
Tesla has issued another recall for its futuristic Cybertruck electric pickups. Tesla has issued another recall for its futuristic Cybertruck electric pickups to fix loose trim pieces and faulty front windshield wipers, according to National Highway Traffic Safety Administration (NHTSA) disclosures.
Fraudster Hairstylist Gets 16 Years for Exploiting Malibu Surgeon in Mansion Scam
Anthony David Flores, sentenced to nearly 16 years in jail, manipulated and defrauded wealthy Malibu eye surgeon Dr. Mark Sawusch of millions, converting his mansion into a drug den with his girlfriend before being apprehended.
Oklahoma Farmers Raise Alarm Over Chinese-Owned Weed Farms, Armed Workers
Oklahoma farmers are alarmed by the presence of Chinese-owned cannabis farms employing heavily armed workers.
GM Names Marc Whitten as New CEO of its Cruise Robotaxi Service
General Motors has hired former key Xbox engineer and executive Marc Whitten as the new CEO of Cruise, its robotaxi service, in an aim to recover itself after being suspended of its California license.