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FTC and 22 States Sue Amazon Over Advertising Practices
Regulators say the e-commerce giant forced more than a million advertisers to pay more than they should have. The company denies the claims.
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How Meta’s $17.1 Billion Social Media Settlement Came Together
State attorneys general spent months in negotiations. Then, as its legal losses mounted, the social media giant’s new top lawyer brought a huge settlement to the table.
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Social Media and the Myth of the Big Tobacco Moment
Smoking used to be everywhere, the way Facebook, TikTok, Snap, YouTube and Instagram are now. Society decided to break the habit, but it took a long time.
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Donald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket
The new round values the prediction market at $21 billion, up from $15 billion. Mr. Trump’s firm, 1789 Capital, will invest around $300 million.
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Expedia Fights Off Claim for Damages by Cuban Exile Families
A jury in Florida found that in their suit against the travel booking company, the plaintiffs had failed to prove ownership over tourism properties in Cuba.
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IRS Audit Revenue Has Plummeted Under Trump, Watchdog Finds
The I.R.S. lost roughly a quarter of its employees since President Trump took office, hampering the agency’s ability to conduct audits.
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Kalshi Permanently Bars George Santos From the Platform
The prediction market said it had barred George Santos, the former congressman from New York, and fined him $71,356 over evidence he engaged in insider trading.
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Private Equity Wants to Invest in College Sports. Some Schools Are Wary.
As desperate as many athletic programs are for money, they are proceeding cautiously when it comes to deals with private equity.
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Trump Mocks Data-Center Opponents as Wanting to Stay ‘Backwards and Poor’
The giant computing sites that power A.I. are increasingly opposed by communities across the country, a signal of voters’ concern about a changing economy.
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Army Secretary Daniel Driscoll Resigns as U.S. Military Grapples With Two Wars
The resignation of Daniel P. Driscoll, the secretary of the Army, had been expected but comes at a tumultuous time for the service.