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ZUS Coffee to Add 200 Southeast Asia Stores in Starbucks Duel

20 hours ago | news.bloombergtax.com | Ram Anand |Netty Ismail

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Stock Rally Loses Steam After Wavering Tariff News: Markets Wrap

20 hours ago | news.bloombergtax.com | Anand Krishnamoorthy

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Judge Probes Meta’s Bid to Resolve Insurance Case in California

1 day ago | news.bloombergtax.com | Olivia Alafriz

A California federal judge appeared skeptical of Meta Platforms Inc.'s position that a dispute over insurance coverage for social media litigation should proceed in her court instead of Delaware state court, where insurers first filed their suit. Meta’s argument that insurers had no right to file suit “seems to make no logical sense,” Judge Yvonne Gonzalez Rogers of the US District of the Northern District of California said during a Wednesday hearing.
DC Judge Questions Trump’s Ability to Nullify Union Contracts

1 day ago | news.bloombergtax.com | Parker Purifoy

A federal judge Wednesday appeared poised to grant a preliminary injunction for a union representing over 100,000 federal workers to pause an executive order that stripped its members of their collective bargaining rights.
DC Judge Questions Trump’s Ability to Nullify Union Contracts

1 day ago | news.bloombergtax.com | Parker Purifoy

A federal judge Wednesday appeared poised to grant a preliminary injunction for a union representing over 100,000 federal workers to pause an executive order that stripped its members of their collective bargaining rights.
IRS Finalizes New Revision of Form 943-X, Instructions

1 day ago | news.bloombergtax.com | Jamie Rathjen

Final revisions of the Internal Revenue Service correction form for employers’ annual federal tax returns for agricultural employees and its instructions were released April 22. New versions of Form 943-X, Adjusted Employer’s Annual Federal Tax Return for Agricultural Employees or Claim for Refund, and its instructions, contain similar changes to the April 2025 revision of Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund.
Fashion Is Next Frontier for Clean Tech as Textile Waste Mounts

1 day ago | news.bloombergtax.com | Olivia Raimonde

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Growth in US Business Activity Is Weakest Since 2023 on Tariffs

1 day ago | news.bloombergtax.com | Vince Golle

US business activity expanded at the slowest pace since 2023, while output expectations deteriorated and price pressures mounted as tariffs created headaches for companies. The S&P Global flash April composite index of output at manufacturers and services providers dropped 2.3 points to 51.2, according to data released Wednesday. Figures above 50 indicate expansion. A gauge of future production slid 3.5 points to the lowest level since October 2022.
Goldman Investors Nix Anti-DEI Proposals on Pay, Racial Bias

1 day ago | news.bloombergtax.com | Andrew Ramonas

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Goldman Investors Nix Anti-DEI Proposals on Pay, Racial Bias (1)

1 day ago | news.bloombergtax.com | Andrew Ramonas

Goldman Sachs Group Inc. shareholders on Wednesday voted down plans for the investment bank to conduct a racial discrimination audit and revisit any diversity, equity, and inclusion goals in executive compensation. The shareholder proposals from anti-DEI advocates the National Legal and Policy Center and National Center for Public Policy Research received about 2% support from Goldman investors, according to preliminary results announced at the firm’s annual meeting.