FTC prepares to sue largest U.S. alcohol distributor, alleging ‘secret kickbacks’
The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits,…
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
Eli Lilly Chief Financial Officer Anat Ashkenazi will become Alphabet’s new CFO effective July 31, Google’s parent company saidTuesday, almost…
Hanesbrands to sell Champion brand to Authentic Brands in $1.2 billion deal
Hanesbrands agreed to sell its global Champion business to Authentic Brands Group in a transaction valued at $1.2 billion, including…
U.S. appeals court blocks grant program for Black women-owned businesses
Venture capital fund Fearless Fund cannot resume making grants to Black women-owned businesses, a divided U.S. appeals court ruled on…
Democrats wanted an agreement on using artificial intelligence. It went nowhere
The Democratic National Committee was watching earlier this year as campaigns nationwide were experimenting with artificial intelligence. So the organization…
Tax fraud: DC settles Bitcoin billionaire Michael Saylor case for $40 million
Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle a tax fraud…
