Tag: Corporations

How a Legal Fight Over a $15,000 Tax Bill Could Upend the U.S. Tax Code

The Supreme Court ruling in the Moore case could cost the federal government billions of dollars in lost tax revenue.

At Core of Purdue Pharma Case: Who Can Get Immunity in Settlements?

A broad ruling by the Supreme Court could mean the end of a strategy for resolving claims of mass injury in bankruptcy court in which organizations receive expansive legal protections.

Corporate America Has Dodged the Damage of High Rates. For Now.

Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.

Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations

Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.