Legal & Regulatory

Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO

Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO

China's internet regulator is conducting a security review of Shein. China's internet regulator is conducting a security review of Shein as the fast-fashion giant prepares for its initial public offering in the United States.


Warren Buffett-Led Firm Berkshire Hathaway Buys Remaining 20% Stake in Pilot Travel From Haslam Family

The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.

Congress Unveils Bipartisan Deal to Enhance Child Tax Credit, Revive Tax Breaks for Businesses

The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.

JetBlue Airways' $3.8 Billion Acquisition of Spirit Airlines Blocked by Judge

A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of Spirit Airlines.


Latest News

Closing Arguments Delivered In Trump's Civil Fraud Trial In NYC
Former President Donald Trump has been ordered by a Manhattan judge to pay The New York Times and its three reporters nearly $400,000 in legal fees.
Hunter Biden Enters Not Guilty Plea on Tax Evasion Charges After Deal Falls Apart
Hunter Biden, the son of President Joe Biden, has entered a not guilty plea to nine felony and misdemeanor tax charges during his initial appearance in a California courtroom.
US SEC Approves Spot Bitcoin ETFs a Day After Its 'Hacked' X Account Prematurely Shared Such News
The US Securities and Exchange Commission (SEC) has approved the trading of spot bitcoin exchange-traded funds (ETFs) in the country.
SAP Agrees to Pay Over $230 Million to Settle Bribery Charges, US Authorities Say
German enterprise tech company SAP has agreed to pay more than $230 million to settle investigations into "recidivist" bribery practices in seven countries, US authorities said.
Joe Biden to Replace Trump-Era Rule That Makes It Easier to Classify Workers as Independent Contractors
The administration of President Joe Biden is set to release new guidelines that will provide additional protections to gig workers or independent contractors.
Radio and Podcast Giant Audacy Files for Bankruptcy Protection to Reduce Its Nearly $2 Billion Debt by 80%
US radio and podcast giant Audacy has filed for Chapter 11 bankruptcy protection to reduce the company's debt.
New York AG Now Wants Donald Trump to Be Banned From Doing Real Estate Business in the State for Life: Here's What to Know
New York Attorney General Letitia James has formally requested a court to prohibit former President Donald Trump from doing real estate business in the state for life.
The New York Times Hosts Its Annual DealBook Summit
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.
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