Starbucks' franchisee in the Middle East, Alshaya Group, is implementing significant job cuts at its coffee shops.
Legal & Regulatory
Is Starlink Being Used in Russia? US Lawmakers Demand Answers From SpaceX
US lawmakers are now scrutinizing the claims that SpaceX's Starlink service is being used in Russia.
South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report
Meta might be penalized by South Korea's antitrust office for allegedly failing to protect local consumers on its Facebook and Instagram marketplaces against fraudulent transactions.
Donald Trump Ordered to Pay Six-Figure Legal Fees to British Company After Failed Lawsuit Over 'Steele Dossier'
Former President Donald Trump was ordered to pay six-figure legal fees to a British company he sued over claims in the "Steele dossier."
State of the Union: Joe Biden Vows to Make Big Corporations, Wealthy Americans Pay More Taxes
President Joe Biden announced plans to increase taxes on big corporations and wealthy Americans during his State of the Union address on Thursday night.
Latest News
Apple has terminated Epic Games' developer account launched in an app store for iPhones in Europe, according to Epic Games CEO Tim Sweeney.
Russian Oligarch's Mega-Yacht Amadea: US Government's $1 Million Monthly Maintenance Burden Unveiled
The US Department of Justice reportedly spends $1 million monthly on the Amadea, a $230 million mega yacht seized from Russian mogul Suleiman Kerimov.
UK Finance Minister Jeremy Hunt plans to eliminate the "non-dom" status in the UK, aiming for a fairer, more competitive global tax system.
Biden's proposed $8 cap on credit card late fees aims to relieve consumer burden, but the industry warns of potential interest rate hikes and unintended consequences.
US private equity giant Carlyle will buy Southend Airport after a debt settlement. Carlyle, a United States private equity firm, will become the latest foreign corporation to acquire a company in the United Kingdom with the acquisition of Southend Airport after a debt settlement deal.
OpenAI has issued a public rebuttal to the lawsuit filed by Elon Musk against the company by releasing a series of emails showing the tech billionaire's support for the firm's plan to raise more money.
House Representatives propose the Protecting Americans From Foreign Adversary Controlled Applications Act to force ByteDance, the Chinese parent company of TikTok, to divest the app within five months or get banned.
Microsoft, as OpenAI's largest investor, is defending against The New York Times' lawsuit against the artificial intelligence company, claiming it misrepresents the impact of ChatGPT on the news industry.
Four former top Twitter executives have sued Elon Musk for allegedly withholding more than $128 million of their severance pay after firing them when he acquired the company.
