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Strip club executives charged with bribing NY official to avoid paying $8M in taxes

A company that owns strip clubs around the country and several of its executives have been charged with bribing a government official with free trips to some of the clubs and thousands of dollars in spending money to avoid paying more than $8 million ...
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Rick’s Cabaret parent, executives indicted in New York tax fraud and bribery case

By Jonathan Stempel NEW YORK (Reuters) – The parent company of Rick’s Cabaret and other strip clubs, as well as five executives, have been indicted over their alleged roles in a 13-year bribery scheme to avoid paying millions of dollars in ...
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Trump pressure on Fed may steepen US yield curve, fund managers say

(Corrects Gareth Nicholson’s title in paragraph 4 to chief investment officer at Nomura International Wealth Management, not chief investment officer at Nomura) By Divya Chowdhury and Mehnaz Yasmin (Reuters) – The Treasury yield curve could steepen as investors demand higher compensation ...
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Tesla settles 2019 California crash lawsuit ahead of jury trial, Bloomberg News reports

(Reuters) -Tesla reached a confidential deal to resolve a lawsuit by the family of a teenager who was killed in a 2019 California crash involving a Model 3 vehicle on autopilot, Bloomberg News reported on Tuesday. The settlement marks the latest move by the ...
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Trading Day: Fed clock tick-tock

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  U.S. stocks dipped slightly on Tuesday but not before the S&P 500 and Nasdaq hit new highs, as investors braced for an expected rate cut from the ...
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Analysis-Trump’s call to end quarterly reports gets unlikely support from climate-conscious investors

By Simon Jessop LONDON (Reuters) – A call by Donald Trump to ditch quarterly corporate reporting has received cautious support from an unlikely source: international investors pushing business to do more on longer-term sustainability issues, many lambasted by the U.S. president. Trump ...
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JBS sees European acquisition opportunities, major shareholder says

By Ana Mano SAO PAULO (Reuters) -JBS, the world’s largest meat company, sees the European meat market as “fragmented” and therefore full of acquisition opportunities, Wesley Batista, controlling shareholder of the company now listed in New York, said on Tuesday during an event broadcast live. Speaking ...
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BlackRock adds to key executive committee in talent shuffle, Financial Times reports

(Reuters) -BlackRock on Tuesday added 20 of its top executives to a committee which plays a vital role in shaping strategy for the world’s largest asset manager, the Financial Times reported on Tuesday citing a letter from chief executive Larry Fink and president Rob ...
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Amid bankruptcy, some Publishers Clearing House winners are facing the end of ‘forever’ prizes

NEW YORK (AP) — For decades, Publishers Clearing House doled out hefty checks on the doorsteps of hopeful consumers across the U.S., including prizes that boasted lifetime payouts. But some of those winners are now facing an end to the “forever” money they were ...
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South America’s Mercosur bloc signs trade deal with 4 European countries

RIO DE JANEIRO (AP) — South America’s Mercosur bloc signed a free trade deal Tuesday with the European countries of Iceland, Liechtenstein, Norway and Switzerland, as ties between the two continents deepen amid global uncertainty sparked by sweeping U.S. tariffs. The agreement was signed in ...
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US orders Delta and Aeromexico to dissolve their partnership over fairness concerns in Mexico

U.S. Transportation Secretary Sean Duffy is following through on his threat to force Delta and Aeromexico to dissolve their longtime partnership because of his concerns that Mexico isn’t being fair to U.S. airlines. Duffy announced Tuesday that the Transportation Department is revoking the antitrust immunity ...
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Argentina’s Milei to partially privatize nuclear power plants operator

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentine President Javier Milei will sign a decree aimed at partially privatizing the company responsible for the country’s three operating nuclear power plants, his spokesperson said on Tuesday, as the libertarian leader moves forward with ...
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