To improve tax compliance and ensure fairness, the Internal Revenue Service (IRS) is going after 125,000 people who earned over $400,000 annually but did not file tax returns between 2017 and 2021.
Legal & Regulatory
Elon Musk Sued by Former Twitter Executives for Making up 'Fake Cause' to Fire Them to Avoid Paying Over $128 Million
Four former top Twitter executives have sued Elon Musk for allegedly withholding more than $128 million of their severance pay after firing them when he acquired the company.
FAA Says Boeing, Spirit AeroSystems Fail to Comply With Manufacturing Quality Control Standards in 'Multiple Instances'
The Federal Aviation Administration (FAA) has unveiled findings pointing to quality control issues at Boeing and its top supplier, Spirit AeroSystems.
Apple Fined $2 Billion by EU for App Store Monopoly Following 5-Year Probe
EU fines Apple $2B for favoring its music streaming service over competitors on the App Store, marking the first antitrust penalty against the tech giant. Apple plans to appeal.
The Body Shop's Mass Firing Breaches Employment Law—Is Lawsuit Possible?
The Body Shop admitted to breaching employment laws by abruptly firing hundreds of employees without notice or compensation, prompting legal action and ethical concerns amid its "restructuring" plans.
Latest News
Amid rapid AI development, Salesforce's Paula Goldman sees hope for US regulation, citing bipartisan support. Despite challenges, the company thrives financially, fueled by AI integration in its offerings.
The lawsuit alleged that OpenAI effectively became a closed-source arm of Microsoft rather than pursuing its original mission.
The administration of President Joe Biden has announced an investigation into "smart cars" built in China and other "countries of concern," citing potential national security risks.
Former President Donald Trump is facing a new lawsuit alleging that he attempted to "drastically dilute" the value of stock shares held by co-founders of his social media platform, Truth Social.
GSK resolves California lawsuit over Zantac cancer claims in a confidential settlement, avoiding trial amid ongoing legal battles.
Hacking group LockBit has issued a ransom demand to prevent the release of documents related to the criminal case against former President Donald Trump in Georgia.
House Republicans grilled President Joe Biden's son, Hunter Biden, about his foreign business dealings during his closed-door deposition on Wednesday.
Why Elon Musk Could Greatly Benefit From Donald Trump Winning the 2024 Election, Law Experts Explain
Legal experts claimed Elon Musk could greatly benefit if former President Donald Trump returns to the White House.
Google is facing a 2.1 billion euros ($2.3 billion) lawsuit filed by 32 media organizations in Europe, including Axel Springer and Schibsted, over alleged financial losses due to the company's digital advertising practices.
