IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagrees
The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest
2023-10-12 08:54
Banker says Trump’s financial statements were key to loan approvals, but there were 'sanity checks'
A retired bank official has testified that Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent
2023-10-12 06:46
Kansas becomes the 10th state to require 2-person train crews, despite the industry's objections
Kansas became the 10th state in the nation Wednesday to require two-person railroad crews over the objections of the freight railroads, but the industry may challenge the rule in court as it has in other states like Ohio
2023-10-12 05:57
'Addictive' social media feeds that keep children online targeted by New York lawmakers
New York is bidding to put new controls on social media platforms that state leaders say will protect the mental health of younger users
2023-10-12 05:54
Caroline Ellison says FTX founder Sam Bankman-Fried corrupted her values so she could lie and steal
Sam Bankman-Fried's former top executive has blamed the FTX founder of corrupting her values so that she could lie and steal and create false balance sheets
2023-10-12 03:47
The Social Security cost-of-living adjustment is coming -- but it won't be as big as this year's
Social Security's cost-of-living increase for 2024 will be announced Thursday
2023-10-12 03:20
Birkenstock stumbles on Wall Street as traders find sandal maker's shares too pricey
Birkenstock shares are tumbling as the stock makes its debut on the New York Stock Exchange as Wall Street trades in its wingtips for sandals for a day
2023-10-12 02:28
Federal Reserve minutes: Officials signal cautious approach to rates amid heightened uncertainty
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate
2023-10-12 02:20
Social media is awash in misinformation about Israel-Gaza war, but Musk's X is the most egregious
While Twitter has always struggled with combatting misinformation about major news events, it was still the go-to place to find out what’s happening in the world
2023-10-12 01:29
Detroit automakers and union leaders spar over 4,800 layoffs at non-striking factories
Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks
2023-10-12 01:24
The power dynamic in labor has shifted and pickets are seemingly everywhere. But for how long?
From auto production lines to Hollywood, the power of labor unions is back in the national spotlight
2023-10-11 23:23
Dominican Republic has partially reopened its border with Haiti. But a diplomatic crisis persists
The Dominican Republic has partially reopened its border with Haiti to limited commercial activity nearly a month after shuttering the frontier amid an ongoing spat over construction of a canal targeting water from a shared river
2023-10-11 22:52