Business

Amazon may breach trademark rights over fake Louboutin ads

Online retail giant Amazon could be held responsible for breaching luxury shoemaker Christian Louboutin's trademark rights over the sale of counterfeit red soled high-heeled shoes on its platform, the European Court of Justice ...

Business

Europe's battle to rein in Big Tech

The European Union is on a mission to get US tech giants to stop avoiding tax, stifling competition, profiting from news content without paying and serving as platforms for disinformation and hate.

Business

Amazon strikes deal with EU to close anti-trust probes

Online retail giant Amazon has reached an agreement with the European Commission to close two inquiries into anti-competitive tactics, notably using third-party seller data to improve its own sales.

Business

Consumers could pay price if railroads, unions can't agree

Consumers could see higher gas prices and shortages of some of their favorite groceries during the winter holiday season if railroads and all of their unions can't agree on new contracts by an early-December deadline that ...

Business

Three out of four bitcoin investors have lost money: study

Roughly three-quarters of people who have bought bitcoin have lost money according to a study published Monday as the cryptocurrency sector reels from the collapse of a major exchange that has sapped confidence.

Business

Hong Kong to explore legalizing crypto for retail investors

Hong Kong is "back in business" and exploring whether to legalize crypto trading by retail investors, the city's finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image.

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