Bloomberg Business

FTC Poised to Sue Amazon for Antitrust Violations Next Week

The Federal Trade Commission is expected to sue Amazon.com Inc. for antitrust violations next week, according to people familiar with the matter – marking the agency’s fourth swipe at the online retail giant this year.

Senator Menendez Charged With Taking Bribes of Gold Bars, Cash

US Senator Robert Menendez from New Jersey was indicted in a sweeping corruption probe alleging that the Democrat and his wife protected three businessmen who showered them with gifts of gold bars, hundreds of thousands in cash, mortgage payments and a Mercedes convertible.

Evergrande Scraps Creditor Meetings, Revisits Restructuring Plan

China Evergrande Group canceled key creditor meetings that had been set for early next week and said it must reassess its proposed restructuring, adding further uncertainty to what would be one of the nation’s biggest ever restructurings.

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