US

Microsoft owes the US Treasury $28.9 billion (£23bn) in back taxes, plus penalties and interest according to the Internal Revenue Service (IRS). The figure, which Microsoft disputes, stems from a long-running IRS investigation into how Microsoft allocated its profits among countries and jurisdictions in the years 2004 to 2013, according to a securities filing Critics
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Jason Derulo has been accused of sexually harassing a woman he offered a record contract to. Emaza Gibson, 25, alleges that the singer offered her a deal as a solo artist in August 2021 – only to retract it the following September after she refused his sexual advances. The lawsuit, which was filed at the
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The trial of embattled crypto executive Sam Bankman-Fried has begun – with prosecutors claiming he stole more than $10bn (£8.2bn) from unsuspecting customers. Almost a year after FTX spectacularly collapsed, leaving millions of people out of pocket, a court heard that the 31-year-old’s multibillion-dollar empire was “built on lies”. Bankman-Fried has been accused of using
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The Speaker of the US House of Representatives has been ousted from his position in a historic vote forced by far-right Republicans he had spent nine months appeasing. Kevin McCarthy, a Republican from California, is the first Speaker ever to be removed from office after months of turbulent fighting within Donald Trump‘s party, leaving the
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The US Powerball jackpot has risen to a whopping $1.4bn (around £852m) after no one won over the weekend. The next chance for ticket buyers to clinch the jackpot will be Monday’s draw, although they will have to overcome the steep odds of 1 in 292.2 million to secure a win. The potential jackpot will
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The US has narrowly avoided a government shutdown – with just three hours to spare before current funding expired. A rushed package means agencies will be able to continue operating as normal for the next 45 days, ending days of turmoil in Washington. However, this temporary solution has dropped aid to Ukraine – an issue
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