BUSINESS

The Looming Taiwan Chip Disaster That Silicon Valley Has Long Ignored

If China invades Taiwan and cuts off its chip exports to American companies, the tech industry and the U.S. economy would be crippled.If China invades Taiwan and cuts off its chip exports to American companies, the tech industry and the U.S. economy would be crippled. Computer Chips, Computers and the Internet, Factories and Manufacturing, United States […]

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I.R.S. Tactics Against Meta Open a New Front in the Corporate Tax Fight

The agency is using real-world profit data to challenge how big companies value offshore intellectual property.The agency is using real-world profit data to challenge how big companies value offshore intellectual property. Tax Shelters, Tax Evasion, United States Politics and Government, Corporate Taxes, Amazon.com Inc, Apple Inc, Facebook Inc, Google Inc, Instagram Inc, Internal Revenue Service, Biden,

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FedEx Sues for Refund of Trump Tariffs Rejected by Supreme Court

The company, which did not specify how much it was seeking, is expected to be one of many demanding compensation for levies ruled unlawful.The company, which did not specify how much it was seeking, is expected to be one of many demanding compensation for levies ruled unlawful. Suits and Litigation (Civil), Decisions and Verdicts, Delivery Services,

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Pentagon Summons Anthropic Chief in Dispute Over A.I. Limits

The artificial intelligence company has demanded that some guardrails be put in place as it negotiates a contract with the Defense Department.The artificial intelligence company has demanded that some guardrails be put in place as it negotiates a contract with the Defense Department. Anthropic AI LLC, Artificial Intelligence, Defense Department, Hegseth, Pete, Amodei, Dario, United States

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After Saks Bankruptcy, Richard Baker Says He Saved Luxury Department Stores

Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy.Richard Baker wanted to create a retail empire when he combined Saks Fifth Avenue and Neiman Marcus. About a year later, it filed for bankruptcy. Mergers, Acquisitions and Divestitures, Bankruptcies, Fashion and

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Binance Employees Find $1.7 Billion in Crypto Was Sent to Iranian Entities

Binance pledged to crack down on crime. But internal investigators at the world’s largest crypto exchange continued to find evidence of potential legal violations on the platform.Binance pledged to crack down on crime. But internal investigators at the world’s largest crypto exchange continued to find evidence of potential legal violations on the platform. Virtual Currency, Embargoes

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Trump Administration Scrambles to Pick Up the Pieces of Broken Tariffs

President Trump is already working to piece his tariff program back together, after a Supreme Court ruling ruptured a centerpiece of his economic agenda.President Trump is already working to piece his tariff program back together, after a Supreme Court ruling ruptured a centerpiece of his economic agenda. Supreme Court (US), live-detached, Decisions and Verdicts, Customs (Tariff),

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Thousands of Flights Are Canceled as Storm Slams Northeast Airports

Airlines suspended operations at some major airports and expect to restart some flights on Monday and more on Tuesday.Airlines suspended operations at some major airports and expect to restart some flights on Monday and more on Tuesday. Airlines and Airplanes, Airports, Aviation Accidents, Safety and Disasters, Transit Systems, Shutdowns (Institutional), Customer Relations, Travel and Vacations, Delta

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Tariff Turmoil Returns to Global Markets

Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies. internal-storyline-no, Customs (Tariff), Trump, Donald J, Protectionism (Trade), Greer, Jamieson L, Bessent, Scott,

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