A day after the US Supreme Court grappled with a high-stakes clash that could roll back liability protections for internet companies, the justices will hear a related case that may provide a way to sidestep the thorny issue.
Wells Fargo & Co. said that US regulators are investigating its retention of employee communications over unapproved messaging apps, the latest bank to get caught up in an industrywide sweep that’s already yielded over $2 billion in fines.
KKR & Co. extended its bid for Telecom Italia SpA’s landline network by about a month, a move that could led to a joint offer for the phone carrier’s multibillion-euro asset.
Alvarez & Marsal Holdings LLC hired a team of about 40 professionals in China in its biggest ever recruitment round in the country, betting deals will pick up as global private equity funds regain their appetite for assets in the world’s second-biggest economy.
Citigroup Inc. awarded Chief Executive Officer Jane Fraser $24.5 million in pay for 2022, making her the only major US bank CEO to receive a bump in compensation for the year.
The White House is eyeing three former Obama administration Treasury officials as potential nominees for Federal Reserve vice chair, according to an Evercore ISI analyst with past ties to President Joe Biden.
(Bloomberg) — Genaro Garcia Luna, once in charge of Mexico’s battle to root out illegal narcotics and vanquish drug kingpins, was convicted for secretly providing years of protection to “El Chapo” and the Sinaloa cartel.
Tucker Carlson’s access to unpublicized footage of the Jan. 6 Capitol insurrection is an “egregious security breach” by Republicans, the House’s top Democrat says.
Tesla Inc. directors misrepresented a $55 billion pay package they recommended for Chief Executive Officer Elon Musk, a lawyer for shareholders said in closing trial arguments in a suit challenging Musk’s compensation.
A US financial watchdog fined the Church of Jesus Christ of Latter-day Saints and its investment arm $5 million for using shell companies to avoid giving the public a clear view of a stock portfolio that swelled into the tens of billions of dollars.
