Legal & Regulatory

China Cuts Off Trade with US Arms Suppliers for Selling Missiles and Jets to Taiwan

China Cuts off Trade With US Arms Suppliers for Selling Missiles and Jets to Taiwan

China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.


Iconic 'Tupperware' Brand Now Bankrupt After Years of Sales Decline

Tupperware Brands filed for Chapter 11 bankruptcy after struggling with declining sales, rising costs, and increasing competition from cheaper, eco-friendly alternatives.

UK Energy Firm to Compensate 1,395 Customers $3M for Mishandling Their Complaints

Ovo has been ordered to pay $3M (£2.4M) in compensation and fines after regulators found it failed to address 1,395 customer complaints promptly, with each customer receiving $301 (£271).

Titan Submersible Employee to Testify That the Submarine Is 'Unsafe' Prior to Fatal Titanic Mission

An employee who labeled OceanGate’s Titan submersible as ‘unsafe’ will testify before U.S. Coast Guard investigators, potentially impacting the company’s future operation.


Latest News

Federal Cleanup Crew Spills 3 Million Gallons Of Toxic Mine Waste In Colorado's Animas River
CJK Milling plans to extract more gold from old mining waste in Leadville, Colorado, but residents worry that it could worsen pollution and undo years of cleanup efforts.
Joe Biden's Meeting With Xi Jinping Could Reduce Uncertainty for US-China Businesses, Analysts Say
A proposed U.S. bill, HKETO, could lead to the shutdown of Hong Kong's trade offices if they are deemed too influenced by China, drawing strong objections from Beijing.
APPLE-SINGAPORE
Ireland is set to receive a €13 billion ($14 billion) tax payment from Apple after an EU court ruling, despite Apple's objections and Ireland's reluctance to collect the back taxes.
Joe Biden Signs Law Banning Uranium Imports From Russia to Revive America's Nuclear Fuel Industry
This Friday, President Biden will sign an executive order to prioritize federal grants for projects offering better wages and benefits, aiming to boost job conditions and secure union support ahead of the November elections.
North Carolina 'Musician' Faces Charges After Earning $10M from AI-Generated and Bot-Boosted Music
North Carolina man Michael Smith made $10 million by using AI and fake accounts to flood music streaming services with artificial songs, leading to charges of wire fraud and money laundering.
INDIA-POLITICS-ECONOMY-CRYPTOCURRENCIES
The hacker who stole $234 million from WazirX has started laundering the funds as efforts to recover them face challenges, further frustrating users.
Gov. Newsom Urges Special Session to Cut California's Gas Prices 40% Higher Than US Average
California Governor Gavin Newsom has called a special session to address the state's rising gas prices, which average $4.64 per gallon, nearly 40% above the national average.
X to be Banned in Brazil After Missing Deadline for New Legal Representative
Elon Musk's X is likely to be blocked in Brazil after missing a deadline to appoint a new legal representative, escalating a dispute with local authorities over compliance with regulations.
RUSSIA-INTERNET-TELEGRAM
Following CEO Pavel Durov's detention in France over accusations of inadequate moderation, reports from BBC showed that Telegram has refused to join key child protection programs.
Australians Gain Legal Right to Ignore Work Communications Outside Office Hours
Australia's new "right to disconnect" law allows employees to ignore work communications outside office hours without repercussions, aiming to enhance work-life balance.
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