Oberlin College will pay $37 million to a local Ohio bakery after court declines to review appeal to defamation suit ruling

Gibson's Bakery. Dake Kang/AP An Ohio court ruled in favor of Gibson's Bakery in 2019 in a defamation lawsuit filed against Oberlin College. The Gibson family alleged they were defamed by the college following a 2016 shoplifting incident. After two failed appeals, the college will pay the family-owned bakery nearly $ 37 million. After five […]

Dick’s Sporting Goods plunges after saying it saw ‘significant declines in Under Armour sales’ (DKS)

Dick’s Sporting Goods beat on earnings, but missed on sales. The sporting-goods retailer raised its full-year guidance, but to less than what analysts were expecting. Shares are tumbled in pre-market trading. Watch Dick’s Sporting Goods trade in real-time here. Dick’s Sporting Goods plunged as much as 14% in pre-market trading on Wednesday as a slowdown in Under […]

Apple declines to attend EU hearing on tax evasion, citing appeal

(Reuters) — iPhone maker Apple has turned down an invitation to an EU lawmakers’ hearing, saying it does not want to prejudice its challenge to an EU order to pay up to 13 billion euros ($ 15 billion) in back taxes to Ireland. A European Parliament committee is holding the hearing on tax evasion on June […]

Pound to euro exchange rate: Sterling ‘declines’ as ahead of influential Eurozone data

The pound to euro exchange rate saw the GBP currency fall against EUR today, Tuesday 30 January. Pound Sterling is converting to €1.1355. in figures accurate at 7:30am. This is lower compared to yesterday, when the pound converted to €1.1394. Speaking to Express.co.uk, Laura Parsons, TorFX currency analyst said the pound could come back up […]

Pound to euro exchange rate: Sterling ‘declines’ ahead of Brexit deadline

The pound is today converting against the euro to €1.1169. This is down from Friday, when it was trading at €1.112 euros to the pound.  It comes among ongoing Brexit negotiations between British officials and the European Union. The drop also anticipates the Brexit “deadline” of 4 December set by European Council President Donald Tusk […]

The Republicans’ Tax Blueprint Declines to Answer Some Hard Questions

On Wednesday, President Donald Trump will unveil a hard-negotiated and sweeping Republican plan to simplify the tax code and cut taxes for millions of families at an event in Indiana. “We’ll be releasing a very comprehensive report,” he said this week, speaking with reporters. “It will be a very, very powerful document.” Yet, despite those […]

US Justice Department declines to prosecute Baltimore officers in Freddie Gray case

Baltimore Police Department/Handout via REUTERS WASHINGTON (Reuters) – The U.S. Department of Justice will not bring charges against Baltimore police officers over the fatal injury of a black man in custody in an incident that stoked tensions between African Americans and law enforcement, federal officials said Tuesday. A Justice Department criminal civil rights investigation into […]

Justice Department declines to charge key figure in IRS scandal

AP WASHINGTON (AP) — The Trump administration said Friday it won’t charge a key IRS figure in the mistreatment of conservative political groups during the 2010 and 2012 elections. In a letter to members of Congress, the Justice Department said that “reopening the criminal investigation would not be appropriate based on the available evidence.” Republican […]