Legal & Regulatory

The New York Times Hosts Its Annual DealBook Summit

Elon Musk's SpaceX Charged with Illegally Firing Employees that Were Critical of the Billionaire

Elon Musk, SpaceX, Charged, Illegally Firing, Employees, Critical, Billionaire Elon Musk's SpaceX is facing legal challenges as the U. S. National Labor Relations Board (NLRB) has complained to the company.


Sam Bankman-Fried Will Not Face a Second Trial After Multibillion-Dollar FTX Fraud Conviction

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, who was convicted last month of stealing from its customers, will not face a second trial.

Joe Biden Extends Suspension of Trump-Era EU Steel, Aluminum Tariffs for 2 Years

President Joe Biden has extended the suspension of tariffs on European Union (EU) steel and aluminum for two more years.

Cher Wants to Be in Charge of Her 47-Year-Old Son's Finances: Here's Why

Iconic singer Cher on Wednesday filed for a conservatorship of her 47-year-old son, Elijah Blue Allman.


Latest News

Google Agrees to Settle $5 Billion Consumer Privacy Lawsuit
Alphabet's Google has agreed to settle a lawsuit alleging that the tech company secretly tracked the internet activities of millions of users who believed they were browsing privately.
US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve
The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Department of Energy disclosed.
Elon Musk's X to Face Court Battle After Failing to Pay Staff Millions in Annual Bonuses
A California federal judge has greenlighted the advancement of a lawsuit against Elon Musk's X, which alleged the company's failure to fulfill commitments related to the annual bonuses of its workforce.
Joe Biden Signs New Executive Order Targeting Financial Facilitators of Russia's Defense Industry
President Joe Biden has signed an executive order providing the US Treasury Department the authority to sanction financial institutions facilitating Russia's efforts to strengthen its military capabilities.
UK, Switzerland Ink a Post-Brexit Financial Services Deal
The United Kingdom (UK) and Switzerland have inked a landmark post-Brexit financial services deal on Thursday.
US Crypto Exchange Coinbase Gets Regulatory Nod in France
Cryptocurrency exchange Coinbase has successfully secured registration with France's financial markets regulator, paving the way for the US-based company to offer crypto services in the French market.
IRS Launches ‘Voluntary Disclosure Program’ to Let Businesses Pay Back Pandemic-Era Tax Credits Claimed in Error
The Internal Revenue Service (IRS) has launched a "voluntary disclosure program" for businesses that improperly claimed a pandemic-era tax credit and want to return the money.
IRS to Provide $1 Billion in Penalty Relief for Millions of Taxpayers — Here's Who Qualifies
The Internal Revenue Service (IRS) announced on Tuesday a penalty relief for individuals who failed to pay their taxes on time during the pandemic.
Warren Buffett-Led Firm Berkshire Hathaway's Bribery Allegations Against a Truck-Stop Billionaire Can't Be Used in Court: Judge
The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.
Donald Trump Civil Fraud Trial: Here's What to Know as Case Nears End
As former President Donald Trump's civil business fraud trial heads toward its conclusion, here's an overview of the things we learned from the proceedings.
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