Legal & Regulatory

New York Cracks Down Wealthy Residents Avoiding Taxes by Fleeing the State

When it comes to taxes and the wealthy, timing is crucial — particularly for individuals who moved from New York and established residency elsewhere.


In the Era of Shrinkflation, Cinemark Sued for Allegedly Swindling Customers by Shortchanging Them on Beverages

Cinemark is allegedly duping its customers by offering 24-ounce drink cups that can only hold a maximum of 22 ounces, according to a proposed class-action suit filed in a Texas federal court...

FAA to Issue New Rest Rules for Air Traffic Controllers Following a Series of Near-Miss Incidents

The Federal Aviation Administration (FAA) on Friday announced new rules for air traffic controllers to rest at least 10 hours between shifts and 12 hours before a midnight shift...

Trump's $175 Million Fraud Bond is not Properly Backed, According to New York AG

The New York AG seeks to invalidate a $175 million bond posted by former President Donald Trump...


Latest News

US House Panel Approves Bill That Could Ban TikTok; Users Flood Congress With Calls After App Sends Pop-up Messages
A controversial bill that could potentially block TikTok in the United States (US) was unanimously approved by a bipartisan panel of lawmakers.
Ex-Google Software Engineer Charged With Stealing AI Trade Secrets for China-Based Companies
An ex-Google software engineer was charged with stealing AI trade secrets from the company to pass on to two Chinese companies.
Starbucks to Lay off Thousands of Workers in Middle East After Being Hit by Boycott Campaign Relating to Israel-Hamas War
Starbucks' franchisee in the Middle East, Alshaya Group, is implementing significant job cuts at its coffee shops.
Apple Terminates Epic Games' Developer Account in Europe in Retaliation Over 'Fortnite' Maker's Lawsuits, Tim Sweeney Says
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 Scraps 'Non-Dom' Tax Status, Aims to Raise £2.7 Billion Annually
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 Administration Proposes $8 Credit Card Late Fee Cap, Industry Warns of Higher Interest
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.
London Southend Airport Acquired by US Firm Carlyle in Settlement Deal
US private equity giant Carlyle will buy Southend Airport after a debt settlement.
OpenAI Shares Elon Musk Emails Exposing His Apparent Hypocrisy, Says He Urges the Startup to Raise More Money
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
New Legislation Threatens TikTok Ban in the U.S. - ByteDance Given Five-Month Ultimatum
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
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