Treasury and IRS Unveil Corporate Minimum Tax Rules
On Thursday, the U.S. Department of the Treasury and the IRS released long-awaited rules outlining the 15% corporate alternative minimum tax (CAMT) for companies...
Atlanta Fed’s Bostic violated trading rules
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, violated multiple internal trading rules, including blackout periods, disclosure requirements, holding limits,...
Norfolk Southern Fires CEO Alan Shaw Over Policy Violation
Norfolk Southern Corp. has fired CEO Alan Shaw and Chief Legal Officer Nabanita Nag following an internal investigation that revealed the two had a...
Sanofi €320M Licensing Deal for Rare Cancer Treatment
Sanofi SA announced on Thursday that it has reached a licensing agreement worth up to €320 million ($353 million) with U.S.-based biotechnology company RadioMedix...
Navient $120 million settlement Over Student Lending Practices
Navient Corp. has agreed to pay $120 million to settle allegations of deceptive student loan practices, the Consumer Financial Protection Bureau (CFPB) announced Thursday....
Mastercard To Buy Recorded Future for $2.65B
Mastercard Inc. announced Thursday its plans to acquire global threat intelligence company Recorded Future for $2.65 billion. The deal, with Recorded Future's current owner,...
Weinstein Hit With New Charges as Manhattan Prosecutors Prepare for Retrial
Harvey Weinstein faces new charges in a fresh indictment issued Thursday by Manhattan prosecutors as they prepare to retry the disgraced Hollywood mogul. This...
TD Bank $20M fine Over Inaccurate Credit Reporting
The Consumer Financial Protection Bureau (CFPB) has fined TD Bank $20 million for reporting inaccurate information on consumer credit reports, marking another major penalty...
BCLP Sued Miss America Competitions for $1M in Unpaid Legal Fees
Bryan Cave Leighton Paisner LLP (BCLP) has filed a lawsuit against Miss America Competitions LLC and Miss America IP LLC in Florida state court,...
Missouri Man Sentenced in $3M Bank Fraud and Tax Refund Scheme
A Missouri man has been sentenced to three years in prison for his role in a fraudulent scheme involving bank accounts and corporate tax...
Must Read
California Man Accused of Starting the Line Fire in San Bernardino
Justin Wayne Halstenberg, 34, is accused of starting the Line Fire. He was charged with nine counts of allegedly igniting blazes across three locations...
