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Finance
IRS Plans to Triple Audits on Big Corporations and Multimillionaires
The Internal Revenue Service (IRS) has announced its intention to significantly increase audit rates for large corporations, partnerships, and multimillionaires over the next three years, following a substantial boost in […]
By
Editor
| 7 months ago
Mark Cuban Proudly Pays $288 Million Tax Bill on Tax Day
Outspoken billionaire Mark Cuban has once again made headlines, this time for his whopping $288 million tax payment to the IRS. In a statement released on Tax Day, Cuban expressed […]
By
Editor
| 7 months ago
HSBC Sells Argentina Business in $550 Million Deal
HSBC, the UK-based banking giant, has announced the sale of its business in Argentina to Grupo Financiero Galicia for $550 million. This strategic move underscores HSBC’s focus on shifting towards […]
By
Editor
| 8 months ago
FTX Founder’s Fate Hangs in Balance: Pleas for Leniency Clash with Calls for Harsh Sentence
As the sentencing of Sam Bankman-Fried, the former CEO of FTX, draws near, a contentious debate ensues over the appropriate duration of his imprisonment. His defense team fervently argues for […]
By
Editor
| 8 months ago
Cryptocurrency
London Firm Scores Big Trading FTX Assets, Legal Battles Ensue
A London firm, Attestor Ltd., made substantial profits by trading assets from the defunct FTX crypto empire, nearly doubling their investment. This trade trend gained popularity in distressed investing circles, […]
By
Editor
| 8 months ago
Bitcoin Rockets 7% Higher, Surpasses $70,000 Milestone to Begin the Week
Bitcoin experienced a sharp uptick, reclaiming the $70,000 level to commence the final week of March. The leading cryptocurrency surged by 7.8% to $70,995.48, while Ether also climbed 7.4% to […]
By
Editor
| 8 months ago
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