Credit Suisse will pay $511 million for helping wealthy Americans hide $4 billion in offshore accounts.
Industry
Burger King Must Face Whopper Lawsuit Over Allegedly Misleading Ads
Burger King must defend itself in court against a lawsuit claiming its ads mislead customers about the size of its Whopper sandwich.
Rite Aid Declares Second Bankruptcy in Under Two Years Amid Fierce Competition
Rite Aid files for second bankruptcy in two years amid rising debt and fierce competition.
Google Faces Ad-Tech Breakup as US Targets Illegal Monopoly
The US targets Google's ad-tech monopoly with a proposed breakup to restore competition.
Takata Trust to Pay $3 Million After Faulty Airbag Severely Injures Driver
South Florida man awarded $3 million after a faulty Takata airbag caused serious injury in a 2020 crash.
Latest News
Ford suspends 2025 guidance after Trump-era tariffs add $2.5B in costs and cut $1.5B from profits.
Walmart to upgrade 650+ stores in 2025 with cleaner tech, job growth, and improved shopping experience.
Adidas announces U.S. price hikes due to tariffs amid global trade uncertainty, impacting future sales outlook.
Amazon launches 27 satellites for its Project Kuiper, entering the space race to compete with SpaceX's Starlink in providing global internet coverage.
GM recalls nearly 600,000 trucks and SUVs due to a risk of sudden engine failure in V8 models.
UPS to cut 20,000 jobs and close 73 facilities as it reduces Amazon deliveries and increases automation.
Martinelli's recalls over 170,000 apple juice bottles in 28 states due to potential patulin contamination risk.
Merck KGaA to acquire U.S. biotech firm SpringWorks for $3.9 billion to expand its cancer and rare disease drug portfolio.
IBM commits $150 billion to boost U.S. tech and manufacturing, focusing on quantum computing over the next five years.
