The IRS will close a major tax loophole used by wealthy taxpayers to avoid paying taxes, potentially raising over $50 billion in revenue over the next decade.

A popular haircut has sparked outrage across Texas, prompting a local restaurant to threaten banning customers who sport the divisive style.

Adidas has initiated an investigation into allegations of large-scale bribery and embezzlement by senior staff in China, following a whistleblower complaint that claimed millions of euros were involved.

Adidas China's executives face serious allegations of bribery and embezzlement, prompting investigations amid an 8% sales growth in the country

Shareholders intensify pressure against Toyota chairman Akio Toyoda amidst a safety test scandal, with major advisory firms urging a vote against his reappointment.

Italian authorities have arrested a Russian businessman accused of assisting the son of a Putin ally in escaping house arrest in Italy.

Coca-Cola and Starbucks have sought to re-register their trademarks in Russia to protect their intellectual property rights.

Google CEO Sundar Pichai briefly testified at the federal trial involving Ozy Media, refuting founder Carlos Watson’s claims that Google had previously attempted to acquire the company.

Elon Musk's Neuralink being sued for pressuring an employee to handle monkeys infected with the Herpes B virus.

Federal investigators are probing a Southwest Airlines Boeing 737 Max 8's odd rolling motion during a May flight.