A Toyota subsidiary has agreed to plead guilty to criminal charges in a major fraud scheme, committing to pay over $1.6 billion in penalties and […]
Category: Business
Apple and Amazon Fight Off $600 Million UK Lawsuit Over Alleged ‘Collusion’
In a major legal victory, tech giants Apple and Amazon defeated a $600 million lawsuit in the United Kingdom brought against them alleging collusion. A […]
SEC Sues Elon Musk Over Late Disclosure of Twitter Stake
The US Securities and Exchange Commission has sued Elon Musk, accusing him of failing to timely disclose that he had acquired a significant stake in […]
Village People to Perform at Multiple Trump Inauguration Events, Band Says
The iconic disco group, Village People, announced they would be performing at several events for former President Donald Trump’s inauguration festivities. Best known for their […]
Warner Bros Supporting Efforts To Combat & Rebuild From L.A. Fires With $15 Million Donation
WarnerThe fire has turned Bros. into one of the biggest acts of corporate responsibility in recent memory, with the company announcing $15 million that would […]
Oil Jumps as US Prepares Sanctions to Cut Russian Supply
It recorded the highest rise Tuesday as markets respond to expectations of new U.S. sanctions designed to limit Russian oil supply. The price of Brent […]
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
The trade surplus of this country has reached a historical economic milestone, as it surged to nearly $1 trillion this year, which has ever been […]
Meta Faces Lawsuit for Using Pirated Books to Train AI Models
Meta Platforms, which owns Facebook, is in court over a book piracy case when a group of authors accused the tech giant of using pirated […]
Fox Corp Must Face $2.7 Billion Smartmatic Defamation Lawsuit
A crucial development in law could soon take place, as Fox Corp. must defend itself in a $2.7 billion defamation lawsuit, ruled New York. The […]
Port Strike Averted as Dockworkers and Employers Reach Tentative Deal
The docking has been a significant development for the U.S. economy and global trade as a possibly crippling port strike has been sidetracked after employers […]