law

Amazon to Pay Back Taxes Amounting to $300 Million

Amazon to Pay Back Taxes Amounting to $300 Million

European Union authorities have ordered Amazon.com, Inc. (NASDAQ: AMZN) to pay almost $300 million as back taxes to their member state Luxembourg. The EU said that the United States company has made massive benefits from the illegal tax arrange..

Uber CEO Apologizes to London; Working on improvements

Uber CEO Apologizes to London; Working on improvements

Last Friday, Uber Technologies Inc. was stripped of its license to operate in the city of London due to the officials deeming the ride hailing service unsafe as well as practicing unregulated business activity. Uber said it would appeal the decision..

Morgan Stanley Fined $13 Million by FINRA

Morgan Stanley Fined $13 Million by FINRA

 On Monday, Morgan Stanley (NYSE: MS) was ordered by the Financial Industry Regulatory Authority (FINRA) to pay $13 million in fines and restitution to clients for inadequately supervising certain short term trades. Between January 2012 an..

Centerpointe Office Park Changes Hands for $106 Million

Centerpointe Office Park Changes Hands for $106 Million

A business park comprising of a total of 10 buildings in La Palma has been bought by two investment firms- Westbrook Partners and Greenlaw Partners- for a sum of $106 million. Both operate out of Irvine and have offices in Los Angeles. The two firms..

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Shares Spike After Court Ruling

Tahoe Resources Inc (NYSE: TAHO) reported Monday that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the..

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

On Wednesday, the U.S. House passed a unanimous vote of 54-0 for a bill to speed up the deployment of self driving vehicles. Many auto manufacturing companies are already in a competition to be the first to develop an efficient and working self auto..

Wells Fargo Found Additional 1.4 Million Potentially Unauthorized Accounts

Wells Fargo Found Additional 1.4 Million Potentially Unauthorized Accounts

On Thursday, Wells Fargo & Co (NYSE: WFC), the third-largest U.S. bank, said that they found 1.4 million more unauthorized accounts than the bank originally estimated. Shares of the company was down 0.34% to $51.17 per share after the markets op..