Goldman Sachs still working to exit Apple Card partnership as consumer losses top $6 billion – 9to5Mac
Goldman Sachs is still considering exiting its partnership with Apple as losses continue to mount, a new report details. from The Wall Street JournalGoldman Sachs will lose $400 million this quarter due to a slowdown in its consumer business. Speaking at a conference this week, Goldman Sachs CEO David Solomon said the $400 loss was […]
EU court orders Apple to pay $14.4 billion in back taxes to Ireland
The iPhone maker must pay $14.4 billion in back taxes to the Irish government after the European Union's top court rejected the company's appeal against a landmark 2016 ruling, which CEO Tim Cook denounced at the time as “total political nonsense.” The European Court of Justice in Luxembourg on Tuesday upheld a European Commission decision […]
DNC Night 2: Dem Roll Call Turns Up | Pritzker's Billion Dollar Zinger | It's Doug O'Clock!
Stephen Colbert welcomes an energetic crowd to Chicago’s Auditorium Theatre following the second night of the Democratic … source
IRS collects over $1 billion in back taxes from wealthy dodgers – New York Post
Wealthy tax evaders, beware! The Internal Revenue Service's efforts to collect overdue taxes from the wealthy $1.3 billion Unpaid taxes from people with incomes over $1 million and recognized tax liabilities over $250,000. A sign outside the IRS headquarters in Washington, DC AP Treasury Secretary Janet Yellen and IRS Commissioner Danny Wuerfel announced the latest […]
WATCH: IRS has recovered $1.3 billion in unpaid taxes from wealthy tax dodgers, Yellen says – PBS NewsHour
WASHINGTON (AP) — The IRS has collected $1.3 billion from wealthy tax evaders since last fall, the agency announced Friday, thanks to spending that has boosted collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law for 2022. Treasury Secretary Janet Yellen and IRS Commissioner Danny Wuerfel traveled to […]
Republicans Urge Biden, Harris to End ‘Warrantless Exploitation’ of Data Broker Surveillance in Wake of 2.7 Billion Records Exposed
Nine House Republicans on Wednesday urged the Biden-Harris administration to support legislation to end the “warrantless misuse” of “data broker surveillance” in the wake of a hack that exposed the personal information of 2.7 billion people. Members of the hacking group “US Department of Defense” claimed to have released personal information of 2.7 billion people […]
Elon Musk, investors lost over $24 billion on X acquisition
Elon Musk and X investors have reportedly taken a $24 billion write-off after the social media platform's value plummeted 72% since the billionaire bought the company less than two years ago. Musk and his partners paid $33.5 billion for the $44 billion acquisition of the site formerly known as Twitter in October 2022. The initial […]
Record 1.6 Million Out of Work Migrants Costing £8.5 Billion a Year: Report
British taxpayers are footing the bill for record numbers of unemployed immigrants, reportedly costing the government up to £8.5 billion a year. The number of foreigners who are currently unemployed or “economically inactive” in the UK has reached a record high of 1.689 million, according to an analysis of government figures by the Immigration Centre. […]
Fox News ON TRIAL, Faces 1.6 BILLION PAYOUT | Breaking Points
Krystal and Saagar discuss the latest in the Dominion lawsuit against Fox News over the misinformation spread about the 2020 … source
Massachusetts GOP Demands ‘Transparency’ from State over ‘$1 Billion in Secret Migrant Crisis Spending’
The Massachusetts Republican Party filed a Freedom of Information Act (FOIA) request on Tuesday, demanding “transparency” from the administration of Democratic Gov. Maura Healey about an alleged “$1 billion secretly spent to combat the immigration crisis.” Healy 3x The governor approved a budget for spending on migrant shelters in the Bay Area but did not […]