The European Commission has initiated inquiries into two Chinese solar panel manufacturers amid concerns of potential government subsidies that contravene EU competition regulations. These investigations emerge as these firms vie for a contract to develop […]
Uber has reached a monumental $271.8 million settlement with Australian taxi and hire car drivers, operators, and license holders. This compensation is for the economic losses they suffered following Uber’s entrance into the Australian market, […]
In a surprising turn of events, Meta Platforms has sold Giphy, a popular platform for animated images, to Shutterstock, an online stock-photo marketplace, for $53 million. This is a significant loss for Meta, which bought […]
In a surprising move, the UK’s Competition and Markets Authority (CMA) has halted Microsoft’s $68.7 billion acquisition of video game giant Activision Blizzard. The deal would have given Microsoft control over popular titles like Call […]
Juul Labs Inc, the e-cigarette giant, is coughing up $462 million to settle allegations by six US states, including New York and California, that it illegally hooked teens on its addictive products. Like bees to […]
A recent survey by the Department of Labor’s Wage and Hour Division revealed that some Southern California garment workers are earning as little as $1.58 per hour in what officials call “sweatshops.” These workers make […]
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