The proposed levy is a novel one-time, 5% tax on the net worth of California residents with assets exceeding $1 billion.

Investing.com -- Beleaguered U.S. low-cost carrier Spirit Airlines cancelled all flights and announced an immediate shutdown ...

The legal standoff centers on a lawsuit filed by the state of Louisiana, which argues that the FDA’s removal of in-person ...

The Sunnyvale, California-based company is targeting a valuation of about $40 billion, said the people, who asked not to be identified. Cerebras plans to begin formal marketing for the IPO as soon as ...

Investing.com -- U.S. military presence in Europe faced a sharp reduction on Friday after President Trump ordered the ...

The UK’s Serious Fraud Office announced Friday that it has reached a deferred prosecution agreement with British defence contractor Ultra Electronics over failu ...

Investing.com -- Opay Digital Services Ltd. is preparing for an initial public offering in the United States with a target valuation of approximately $4 billion, Bloomberg reported Friday.

U.S. antitrust authorities have completed their review of Intel’s (NASDAQ:INTC) investment in chip startup SambaNova, according to a regulatory notice circulate ...

Investing.com -- The European Commission said Friday it would keep its options open to protect EU interests if the United States took measures that breached the terms of the EU-U.S. trade deal struck ...

World Health Organization member states announced Friday they have extended negotiations on pathogen-sharing rules, raising uncertainty about when the pandemic tr ...

Peter Thiel’s Founders Fund has secured $6 billion for a new fund focused on later-stage companies, Bloomberg reported Friday. The fundraising represents the la ...

The president said the tariff hike applies to vehicles imported from the EU, while cars and trucks manufactured at U.S.