Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.
Legal & Regulatory
Warren Buffett's PacifiCorp Reaches $178 Million Settlement Over 2020 Oregon Wildfires
PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to pay $178 million to settle claims by 403 plaintiffs related to two Oregon wildfires in 2020, bringing the total settled claims to nearly 1,500.
New York Set to Ban Social Media Algorithms for Youth Without Parental Consent
New York plans to ban social media companies from using algorithms to control content for youth without parental consent, addressing concerns about the platforms' impact on mental health.
US Imposes Over $2 Million Penalties Against Some Airlines, Securing $1 Billion in Refunds
The US DOT fined three airlines over $2 million and ordered them to repay customers for COVID-19-canceled flights.
Microsoft President Claims Few AI Deepfakes Target EU Elections, But Says They Shouldn't Declare Victory Yet
Microsoft President Brad Smith said that only a few AI deepfakes target EU elections. But this shouldn't be celebrated as a victory yet.
Latest News
Colorado Governor Jared Polis signed a significant tax credit into law aimed at cutting child poverty in half, using the state's TABOR surplus.
Donald Trump's legal team has confirmed his intention to appeal the conviction on 34 felony counts in New York while he complies with a pre-sentencing investigation.
Many Americans will benefit from reduced inhaler costs as AstraZeneca and Boehringer Ingelheim implement new out-of-pocket price caps of $35 per month, reflecting a move towards more affordable asthma medication following years of public concern over high prices.
A Tesla shareholder has filed a lawsuit accusing CEO Elon Musk of insider trading, alleging he sold $7.5 billion in shares before poor production and delivery figures were released, resulting in $3 billion in improper profits.
Ticketmaster owner Live Nation confirmed that hackers stole personal details of 560 million customers, demanding a $500,000 ransom to prevent the data from being sold.
The New York Times, owner of the web-based word game Wordle, has taken legal action against the creator of the location-guessing game Worldle.
US regulators have extended a ban on Boeing, increasing production of its 737 MAX planes due to ongoing safety concerns.
Shares of Trump Media & Technology Group recovered in pre-market trading on Friday following an initial sell-off after former President Donald Trump was convicted in his hush money trial.
Alirio and Jose Luis Zambrano, two of the six Citgo executives who were trapped and imprisoned in Venezuela, have accused their former company of abandoning them in a lawsuit filed in Houston.
