Calls to Break Up Big Tech Are Growing
Politicians on both sides of the aisle agree that something needs to be done
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A Russian court has ordered the seizure of funds in JPMorgan Chase bank accounts in Russia, court filings showed on Wednesday, in a lawsuit filed by state-owned bank VTB as it seeks to regain funds blocked abroad. JP Morgan Chase last week sued VTB in New York to halt its efforts to recover $439.5 million from an account that was blocked after Russia despatched its army to Ukraine in 2022 and VTB was hit with sanctions.
Reuters•Oracle to Move Headquarters Again, This Time to Nashville
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The Wall Street Journal•The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.
After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
MarketWatch•Forget Bank of America; Buy This Magnificent Bank Stock Instead
This up-and-coming digital bank is ready to start generating outsized profits.
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