Business news today spanned shareholder payouts, tax enforcement and a fresh transatlantic trade dispute. ALPS and Fidelity both rolled out a wave of ETF distribution announcements, with quarterly and monthly cash payments declared across dividend, REIT, factor and sector funds,...
Business news today spanned shareholder payouts, tax enforcement and a fresh transatlantic trade dispute. ALPS and Fidelity both rolled out a wave of ETF distribution announcements, with quarterly and monthly cash payments declared across dividend, REIT, factor and sector funds, underscoring how income products remain central to investor demand even as markets shift. In Los Angeles, comedian Carlos Mencia was charged with 12 felony state tax counts tied to allegations he failed to report roughly $8.7 million in income, a case that also marks the debut of the district attorney’s new Business Tax Fraud Unit. Internationally, the Biden administration opened a Section 301 investigation into Germany’s pharmaceutical pricing policies, arguing they underpay for innovative drugs and harm U.S. commerce, raising the prospect of tariffs if Washington decides Berlin’s rules are unfair.
Top Business stories
- Carlos Mencia charged in Los Angeles with tax fraud felonies (8 sources)
- US launches Section 301 probe into Germany over pharmaceutical pricing policies (7 sources)
- Asda reports near-£1bn loss as price cuts fail to restore sales momentum (7 sources)
- CFTC permanently bans Alex Mashinsky from trading and registering after Celsius settlement (5 sources)
- Man avoids jail after mosque AK-47 threat, citing bipolar-related manic episode (5 sources)
- IPOB suspends Nnamdi Kanu’s roles as leader and Radio Biafra director (4 sources)
- Goldman Sachs cuts year-end gold forecast by $500 to $4,900 amid fewer rate cuts (4 sources)
- Meloni responds to Trump claim she “begged” for a photo at G7 (4 sources)
Paige Newsom
Author at IfHighLow
