A cryptocurrency tax accounting firm and a CPA firm assisted a client in an IRS audit, reducing a potential tax liability from approximately $1.55 million to a settlement of about $148,000 by reconstructing incomplete transaction records.
Streamex Corp. has announced that its yield-bearing, tokenized gold security, $GLDY, is now accessible to accredited investors through traditional brokerage accounts in a collaboration with Siebert Financial and tZERO.
Deere & Co. has agreed to settle a lawsuit from the Federal Trade Commission and five states that accused the company of illegally limiting who could repair its farm equipment. The settlement requires Deere to grant farmers and independent shops access to the same repair resources as its authorized dealers.
According to recent analysis, Iran now views control over the strategic Strait of Hormuz as a higher priority than its long-disputed nuclear program. This shift in focus comes amid renewed tensions with the United States over the waterway's management.
The price of Bitcoin surpassed $64,000 on Monday, reversing earlier losses after positive remarks from President Donald Trump. The rally offset downward pressure from news that a major corporate holder had sold a significant amount of the cryptocurrency.
SBI Funds Management, India's largest asset manager, has filed for an initial public offering scheduled to open for public subscription on July 14. The offering consists of a 10% stake sale by its joint venture partners, State Bank of India and Amundi India Holding.
Swedish stocks ended the trading day lower on Wednesday, with the benchmark OMX Stockholm 30 index declining by 1.90%. The downturn was primarily driven by losses in the Basic Materials, Industrials, and Healthcare sectors.
Warner Bros. Discovery has announced a collaboration with Amazon Web Services to build a new advertising technology stack using agentic AI. The platform aims to automate and unify ad planning, sales, and optimization across the company's linear and digital properties.
Dutch prosecutors have launched a criminal investigation into the Dutch division of Tata Steel, accusing the company of intentionally polluting the environment at its IJmuiden plant.
