The IRS slashed its staff. One result? More taxes going uncollected
An IRS staff reduction resulted in a 35% drop in audit revenue during fiscal year 2025, causing billions in uncollected taxes despite cost-cutting intentions.
Paramount CEO David Ellison is at the final hurdle before buying WBD. So far, he can’t clear it
Paramount CEO David Ellison faces his most significant hurdle yet in acquiring Warner Bros. Discovery, as state attorneys general led by California’s Rob Bonta seek to block the $110 billion deal through antitrust litigation.
United Airlines adds 2027 flights spanning Sardinia to Okinawa. Here’s what it says about travel today
United Airlines announced plans to add numerous international routes next year spanning from Ljubljana, Slovenia to Okinawa, Japan, reflecting changing consumer demand for lesser-known destinations.
Firms scramble for battery power in Spain and Portugal
Industrial companies across Spain and Portugal are investing heavily in battery storage systems following a major power outage last year, with storage capacity surging and EU funding driving rapid deployment.
American Airlines adds batch of new international routes on its XLR planes
American Airlines announced seven new international routes for 2027, primarily using Airbus A321XLR aircraft capable of flying up to 4,700 nautical miles, enabling service to smaller European cities.
Imax says it’s open to a sale. Why is no one buying?
Imax CEO opened the door to a sale in December, but nearly nine months later no major buyers have emerged despite record box office performance and momentum expected through year-end.