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Financial crime: tax adviser to star djs and models arrested for alleged $100 million tax evasion scam

Frank Butselaar is accused of creating illegal tax shelters for his international DJ and model clientel...

July 16, 2023, 11:59 pm

Celsius’ founder alex mashinsky pleads not guilty, bail set at $40m

Alex Mashinsky, the Founder of bankrupt cryptocurrency lender Celsius Network, has pleaded not guilty to fraud charges imposed on him by the US Depart...

July 14, 2023, 2:49 pm

Brazilian union sues jbs over alleged exploitation of chicken workers

A Brazilian labor union has accused JBS SA of submitting dozens of workers to "degrading conditions," a...

July 14, 2023, 8:00 am

Shell and bp start action against supplier over missing lng

Shell and  BP have separately started arbitration against an LNG group for failure to supply contracted cargoes as prices for the gas started to soar...

July 12, 2023, 10:42 am

Bank of america fined $250 million over fake accounts and illegal junk fees

The Consumer Financial Protection Bureau accused Bank of America of knowingly harming customers and ord...

July 11, 2023, 10:48 am

Revolution beauty and boohoo compromise 'close' - report

Revolution Beauty's boss has offered to step down if a deal can be reached to settle the fractious spat with boohoo. The two retailers have been slugg...

July 11, 2023, 9:57 am

Exclusive: 'shameful and unethical.' heineken, unilever and oreo maker mondelez accused of breaking promises to leave russia

More than 1,000 major companies pledged to leave Russia after Vladimir Putin launched his devastating war in Ukraine, but some well-known firms stand ...

July 10, 2023, 6:53 pm

Meta's threads passes 70m sign ups; users more than double in one day

On Thursday, Elon Musk's lawyer accused Meta of leveraging “trade secrets” to launch its Twitter co...

July 7, 2023, 8:36 pm

Jack dorsey took aim at meta's threads and accused it of ripping off twitter: 'we wanted flying cars, instead we got 7 twitter clones'

Jack Dorsey criticized Meta's Threads saying it is a 'Twitter clone' and lacks any originality. The Twitter co-founder claimed that various social med...

July 7, 2023, 6:22 am

Wegovy maker novo nordisk sues florida pharmacies over copycat drugs

Novo Nordisk on Thursday accused three Florida pharmacies of illegally selling products claiming to con...

July 6, 2023, 5:21 pm

Twitter threatens lawsuit over meta's ‘copycat' threads app, report says

An attorney for Twitter has accused Meta of misusing the company's "trade secrets and other intellectua...

July 6, 2023, 4:44 pm

Why ups stock is down today

The Teamsters accused UPS management of walking away from the negotiating table, raising the prospect o...

July 5, 2023, 12:44 pm

Disney accused in lawsuit of 'systematically' paying women less than men in california

Walt Disney has been accused of systematically underpaying women in California in a lawsuit that allege...

June 30, 2023, 8:49 pm

Hsbc blocking of hong konger pensions matter of 'deep concern', say us, uk lawmakers

Two influential lawmakers in the United States and Britain accused HSBC on Friday of contributing to th...

June 30, 2023, 12:13 pm

Joonko seemingly lied about working with american express, paypal, accenture

Joonko's board has formally accused ousted CEO Ilit Raz of exaggerating the size of its business....

June 29, 2023, 3:29 pm

Carlos ghosn discusses arrest, evs, and $1b lawsuit against nissan

Carlos Ghosm, the former CEO of Nissan who sensationally escaped a Japanese prison after being accused ...

June 27, 2023, 5:59 pm

Xponential fitness comes under short seller attack, causing shares to drop weight

Xponential Fitness shares are under fire after the fitness group drew the ire of short seller Funny Panda. The boutique gym franchisor with 10 differe...

June 27, 2023, 12:22 pm

Electric truck maker lordstown motors files for bankruptcy, sues foxconn

Lordstown shares tumbled after it accused Foxconn of fraudulent conduct and a series of broken promi...

June 27, 2023, 12:06 pm

Lordstown motors stock plunges as ev maker files for bankruptcy

Lordstown Motors Corp (NASDAQ:RIDE) shares plummeted 43% to $1.58 in early Tuesday trading after the struggling electric-vehicle (EV) maker announced ...

June 27, 2023, 10:04 am

Theft in open court: how a fight over lifesaving drugs led to charges of brazen industrial espionage

A Chinese developer of cutting-edge cancer drugs has accused a chief competitor of stealing its trade s...

June 27, 2023, 9:40 am


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