Software firm SAP to pay $220m over bribery charges
SAP is one of the world’s largest software firms and was investigated over activity in seven countries.
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President Biden’s approval among small business owners hits new low, as economic message fails to sell on Main Street: CNBC survey
US President Joe Biden holds up a copy of the Republican’s FY2024 budget as he delivers remarks on Bidenomics and Republican economic policy during an event at Prince George’s Community College, in Largo, Maryland, United States on September 14, 2023. Kyle Mazza | Anadolu Agency | Getty Images With an economy posting significant GDP growth,…
More money is helping the IRS. Republicans still want to cut its budget.
Comment on this storyComment Add to your saved stories Save President Biden and Democrats in Congress turbocharged the Internal Revenue Service in 2022, handing the tax collector tens of billions of dollars to modernize and train a harder gaze on high-income earners and major corporations. Not even two years later, Republicans in Congress have succeeded…
Can pop-up shops help to regenerate our High Streets?
“It’s given me the confidence to put out new products and do test runs,” says Nephthys Foster, who sells original art prints in the Pop Up Club. She has more than 30,000 followers on Instagram, but this is her first experience in a shop. She’s made some invaluable wholesaler contacts too, she says, which will…
Instacart Customers’ Personal Info Is Being Sold Online
The personal information of what could be hundreds of thousands of Instacart customers is being sold on the dark web. This data includes names, the last four digits of credit card numbers, and order histories, and appears to have affected customers who used the grocery delivery service as recently as yesterday. As of Wednesday, sellers…
US $34 trillion national debt is ‘boiling frog’ scenario for economy: analyst
The country’s soaring national debt — which recently surpassed a record-high $34 trillion — is akin to a “boiling frog” for the economy and Wall Street investors, a senior analyst at JPMorgan Chase warned. Michael Cembalest, who runs JPMorgan’s market and investment strategy unit in the bank’s asset management division, predicted dire consequences for the…
Airbus Shatters Record for Jet Orders as Demand Soars
Updated Jan. 11, 2024 2:43 pm ET LONDON—Airbus, the world’s biggest plane maker, smashed its near-decade old record for the highest number of orders in a single year, as airlines scramble to secure the limited availability of new aircraft. The company said it had booked 2,319 gross orders last year, more than twice the number…
