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James Simons, Robert Mercer, Others at Renaissance to Pay Up to $7 Billion to Settle Tax Probe

In a tax settlement that may be the largest in history, current and former executives of hedge fund Renaissance Technologies LLC will personally pay as much as $7 billion to settle a long-running dispute with the Internal Revenue Service.

The Wall Street Journal | 2021-09-03 | Fuente original

Purdue Pharma Bankruptcy Plan Approved, Freeing Sacklers From Lawsuits

The OxyContin maker won court approval of a roughly $4.5 billion bankruptcy settlement that safeguards its owners, members of the Sackler family, from lawsuits accusing them of contributing to the opioid epidemic in exchange for providing funds to combat the crisis.

The Wall Street Journal | 2021-09-02 | Fuente original

Supreme Court Declines to Block Restrictive Texas Abortion Law

A new measure, known as the fetal-heartbeat law, bars the procedure after about six weeks of pregnancy. Abortion providers had sought to prevent it from taking effect.

The Wall Street Journal | 2021-09-02 | Fuente original

Google, Apple Hit by First Law Threatening Dominance Over App-Store Payments

The companies will have to open their app stores to alternative payment systems in South Korea under newly passed legislation there, threatening their lucrative commissions on digital sales.

The Wall Street Journal | 2021-09-01 | Fuente original

In Leaving Afghanistan, U.S. Reshuffles Global Power Relations

The stunning meltdown in Afghanistan frustrated and angered many American allies, inflicting considerable reputational damage. Yet the U.S. remains a dominant military and economic force—and its withdrawal from the country creates new complications for China and Russia.

The Wall Street Journal | 2021-09-01 | Fuente original

China Limits Online Videogames to Three Hours a Week for Young People

The new regulation bans minors from playing online videogames between Monday and Thursday and allows an hour of play on Fridays, weekends and holidays.

The Wall Street Journal | 2021-08-31 | Fuente original

Last U.S. Troops Leave Afghanistan After Nearly 20 Years

The last U.S. troops flew out of Afghanistan one minute before the formal deadline, ending two decades of war. More than 100 Americans and tens of thousands of Afghan allies left behind face a future of uncertainty and danger.