Business
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Evergrande Founder Hui Ka Yan Sentenced to Life in Prison for Fraud
Hui Ka Yan, founder of China's Evergrande Group, has been sentenced to life in prison and had his assets seized, marking a dramatic turn for China's real estate sector amid a deepening property crisis.
30 sources · over 2 days
Disney and ABC Sue FCC, Accusing Trump Administration of Retaliation
Disney and ABC have filed a lawsuit against the FCC, claiming an unconstitutional license review is political retaliation for ABC's programming, raising urgent questions about press freedom and government overreach.
34 sources · over 3 days
State Farm Announces $5 Billion Dividend, Its Largest-Ever Payout to Policyholders
State Farm is distributing $5 billion in dividends to millions of auto insurance customers across the US, marking a historic payout that could benefit policyholders with checks arriving throughout late summer.
8 sources · over 3 days
Ferrari's First Electric Car Sells for Record $40 Million at Auction
Ferrari's debut electric vehicle, the Luce, sold for an unprecedented $40 million at a California charity auction, highlighting both the brand's shift toward electrification and the polarizing response to its design.
20 sources · over 4 days
Top Economist Fired From Russian State Bank After Ukraine War Warning
The dismissal of Andrei Klepach from Russia's state development bank signals growing unease among financial leaders about the economic fallout of the prolonged war with Ukraine.
11 sources · over 2 days