CarMax agrees to $500,000 settlement after DOJ alleges violations of military protection law
CarMax Inc., the largest used-car retailer in the United States, has agreed to pay nearly $500,000 to settle allegations brought by the United States...
FedEx sues US government after Supreme Court strikes down Trump emergency tariffs
FedEx has sued the United States government after a major ruling by the Supreme Court of the United States struck down tariffs imposed under...
China blacklists 20 Japanese firms in sweeping export control move after Takaichi’s landslide win
China has intensified trade pressure on Japan by adding 20 Japanese companies to its export control list. The move came shortly after Prime Minister...
Mexican security agencies warn of cartel revenues near $40 billion as financial networks draw focus
Estimates from security agencies and research groups suggest that major Mexican cartels generate more than $40 billion each year through a wide range of...
Citi agrees to sell 24% of Banamex to investors including General Atlantic and Blackstone funds
Citigroup has agreed to sell another large stake in its Mexican banking unit, Banamex. The move is part of Citi’s plan to fully separate...