Bloomberg Business

Italy Probes Meta for Alleged €870 Million in Unpaid VAT

Milan prosecutors are investigating Facebook parent company Meta Platforms Inc. for alleged unpaid VAT taxes for a total of about €870 million ($927 million), according to people familiar with the matter.

Chicken Sandwiches Push Wingstop Shares to Record High

Wingstop Inc. soared to a record high after it reported fourth-quarter same-store sales growth that topped Wall Street’s expectations amid optimism that its new chicken sandwich line could boost its revenue.

Meta Plans ‘Thousands’ More Job Cuts Across Company, WaPo Says

Meta Platforms Inc. is preparing for a new round of job cuts, targeted at divisions across the company and around the world, as part of a reorganizing and downsizing effort that could affect thousands of workers, the Washington Post reported.

UK Ambulance Workers to Strike Again Even as Nurses Start Talks

Ambulance staff and thousands of other workers in Britain’s National Health Service will stage a new strike on March 8, even after nurses suspended their own industrial action and agreed to enter intensive talks with ministers over pay.

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