The recent landmark ruling from the European Union’s top court has mandated that Apple must pay Ireland a staggering 13 billion euros in unpaid taxes. This decision marks the end of a prolonged legal battle between the tech giant and Irish authorities, setting a precedent for tax justice advocates and competition regulators. It leaves Ireland
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European car manufacturers, including Volvo Cars, are currently navigating a complex landscape as they strive towards full electrification. Volvo recently adjusted its plan, shifting from selling only electric vehicles by 2030 to aiming for between 90% and 100% of car sales to be fully electric or plug-in hybrid models by the same year. This change
As a disturbance in the Gulf of Mexico gains strength, meteorologists are predicting that it will develop into a tropical storm by Monday and could potentially escalate into a hurricane before making landfall along the U.S. Gulf Coast later in the week. Potential Impact Named Potential Tropical Cyclone Six, this storm is currently situated approximately
Boeing and the union representing 33,000 of its workers have reached a new labor agreement, averting a potential costly strike at the company’s main factories. The tentative deal includes significant 25% raises over a span of four years, along with improvements to health-care costs and retirement benefits for the employees. The International Association of Machinists
The decision of former President George W. Bush to not endorse a candidate for president is a significant departure from his previous stance in past elections. His office’s announcement that he and his wife, Laura, will not endorse a candidate or disclose their voting plans underscores a shift in his involvement in presidential politics. Former
In August, the U.S. economy created slightly fewer jobs than expected, signaling a slowdown in the labor market. Nonfarm payrolls expanded by 142,000, down from the previous month and below the consensus forecast. However, this data also clears the way for the Federal Reserve to lower interest rates later in the month. The unemployment rate
The latest report from ADP reveals that private sector payrolls grew at the slowest pace in over three-and-a-half years in August. The data shows that only 99,000 workers were hired during the month, falling short of the consensus forecast of 140,000. This marks a significant decline from the previous month’s figure of 111,000. According to
The U.S. Consumer Product Safety Commission is under pressure to investigate the safety practices of popular “foreign-owned” e-commerce platforms like Shein and Temu. Concerns have been raised regarding the alleged sale of dangerous baby and toddler products on these platforms. CPSC Commissioners Peter Feldman and Douglas Dziak have called for a closer look at the
In August, U.S. factories experienced a continued slowdown, sparking concerns about the direction of the economy. The Institute for Supply Management’s (ISM) monthly survey revealed that only 47.2% of purchasing managers reported expansion during the month, falling below the breakeven point of 50%. While this was a slight improvement from the previous month’s 46.8%, it
Recently, a panel of Brazil’s federal supreme court justices voted unanimously to uphold orders suspending the use of Elon Musk’s social network X nationwide. This decision came after a series of events where the court had issued suspension orders, frozen financial assets, and instructed internet service providers to block access to X until it complies