Vice Media to Lay Off 'Several Hundred' Employees, Shut Down Vice.com
Vice Media Group CEO Bruce Dixon informed employees in a memo sent out on Thursday that the company plans to lay off several hundred employees.
Legal & Regulatory
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.
Amazon CEO Andy Jassy Violates Federal Labor Law With Anti-Union Comments, NLRB Finds
Amazon CEO Andy Jassy was found to have violated federal labor law due to comments he made regarding unionization at the company...
US Regulators Target Huawei Lab in Broad China Tech Crackdown
Regulators blocked a Huawei Technologies Co. lab from licensing telecommunications equipment in the United States...
Johnson & Johnson to Settle All Thousands of Talc-Linked Ovarian Cancer Lawsuits—Is $6.5 Billion Settlement Enough?
Johnson & Johnson proposed a settlement plan to settle all the thousands of lawsuits it faces in the U.S. The company is accused of selling talc-based products that could cause ovarian cancer...
US Sanctions Hundreds of Chinese, Russian Suppliers Over Putin Invasion Support Accusations
The U.S. announced fresh sanctions against hundreds of Chinese and Rus...
UK Investigates OnlyFans, Accussing Online Adult Platform of Failing to Prevent Children From Having Access
The UK is now investigating the OnlyFans age verification issue, alleg...
Latest News
Donald Trump Requests for 30-Day Extension to Pay $355 Million Civil Fraud Fine Junked by Judge
The judge overseeing the civil fraud case against former President Donald Trump has denied his request to postpone enforcing the $355 million judgment against him for a month.
Biden Administration to Impose New Sanctions on Iran for Its Arms Sales That Bolster Russia's Defense Against Ukraine
The Biden administration is reportedly preparing to announce new sanctions on Iran in retaliation for its arms sales that have fortified Russia's defenses amid war with Ukraine.
US SEC Scraps Some of Its Most Ambitious Greenhouse Gas Emission Disclosure Requirements From Draft Climate Rules: Report
The US SEC has reportedly junked some of the most demanding greenhouse gas emissions disclosure requirements from corporate climate risk rules it is readying to implement.
Reddit to Go Public After Submitting Its IPO Filing to Trade on NYSE Under the Ticker 'RDDT'
Reddit is going public after submitting its IPO prospectus to the US Securities and Exchange Commission (SEC) on Thursday.
James Biden, Joe Biden's Brother, Contradicts Himself at Impeachment Hearing on President’s Involvement in Family Business: GOP
James Biden told lawmakers in a closed-door deposition before a House committee on Wednesday that his brother, President Joe Biden, "never had any involvement" in his family's business dealings.
Donald Trump Requests to Extend 30-Day Period to Pay $355 Million Civil Fraud Fine as His Campaign Faces Financial Peril
Former President Donald Trump has formally requested to extend the one-month period to pay the $355 million civil fraud fine levied against him.
EU Blacklists North Korea’s Defense Minister, Chinese Firms for First Time in New Sanctions Over Russia's War in Ukraine
The European Union (EU) has agreed to ban exports to three Chinese companies and blacklist North Korea's Defense Minister in new sanctions for the second anniversary of Russia's invasion of Ukraine.
Philippine Media Giant ABS-CBN Cancels Sky Cable Sale to PLDT
Philippine media giant ABS-CBN Corp. has revealed that the planned sale of its ownership in Sky Cable Corp. to telco leader PLDT Inc. has been called off.
2 Chinese Nationals Convicted for Multimillion-Dollar Scheme to Dupe Apple Out of 5,000 iPhones
Two Chinese nationals were convicted by a federal jury in Washington, DC, for their involvement in a fraudulent scheme that would have cost Apple more than $3 million.
