law

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm Holdings Corp. sued Xerox Corp (NYSE: XRX) for over $1 billion, blaming the company for giving in to pressure from activist investors, Carl Icahn and Darwin Deason, for ending a planned merger. According to a complaint filed with the U.S. D..

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motor Co. filed a lawsuit on Tuesday against Tesla Inc. (NASDAQ: TSLA) alleging design patent infringements. Nikola is seeking approximately $2 billion in damages.Nikola said in court filings that Tesla’s electric Semi is “substan..

People File Taxes for the Last Time Under the Old Tax Code as the New Tax Code Already Sets a Positive Tone for the Economy

People File Taxes for the Last Time Under the Old Tax Code as the New Tax Code Already Sets a Positive Tone for the Economy

April 17, 2018, is the last day on which Americans will be filing their taxes under the old tax code. The old tax code was seen as somewhat of a broken code as it proved to be less than beneficial to workers and citizens alike. In addition, under th..

Facebook Endorses the Honest Ads Act

Facebook Endorses the Honest Ads Act

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg announced Friday that he endorses a legislation to regulate political advertisements across the internet. According to Reuters, the law proposed, the Honest Ads Act, would require digital platforms wit..

Walmart and Kroger follow Dick’s on Firearm Regulations

Walmart and Kroger follow Dick’s on Firearm Regulations

Walmart Inc. (NYSE: WMT) and Kroger Co. (NYSE: KR) have followed Dick’s Sporting Goods (NYSE: DKS) on their positions for gun regulations and restrictions. Walmart and Kroger have both now raised the minimum age to purchase guns in their ..

HSBC Shares Down After Earnings Report

HSBC Shares Down After Earnings Report

HSBC Holdings plc (NYSE: HSBC) has reported a successful 2017 Fiscal year. Reporting that their profit before tax increased over 140% to $17.17 billion and their adjusted revenue increased to $51.5 billion, which is up 5% from 2016 and their fu..

Homeowners and How the New Tax Law Affects Them

Homeowners and How the New Tax Law Affects Them

Homeowners are affected by Tax Cuts and Jobs Act (TCJA). The law has done away with two much-used tax breaks while not touching the third one. It is a complex scenario. The TCJA for the 2018 to 2025 period remodels the existing deal by restricting t..