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IRS CEO Frank Bisignano told Fox News’ Aishah Hasnie that another possible government shutdown would not impact refund checks. Americans will be getting their refund checks no matter what, according to IRS CEO and Social Security Commissioner Frank Bisignano, who said a potential government shutdown would not impact refunds. When asked whether a possible shutdown would impact Americans’ tax refund checks, Bisignano told Fox News’ Aishah Hasnie there was “no way.””We will be in. We were in the last shutdown, 43 days,” Bisignano said. “Our people will be in. These are unbelievable career employees that serve the American public. And…
An election worker walks near voting machines at the Fulton County Election Hub and Operation Center on Nov. 5, 2024. John Bazemore/AP hide caption toggle caption John Bazemore/AP The FBI says it’s executing a “court authorized law enforcement action” at a location in Georgia that is home to the Fulton County election office. When asked about the search, the FBI would not clarify whether the action is tied to the 2020 election, but last month the Department of Justice announced it’s suing Fulton County for records related to the 2020 election. In its complaint, the DOJ cited efforts by the…
National Taxpayer Advocate Erin Collins warned in her annual report to Congress this tax season is likely to bring bigger challenges for taxpayers who encounter problems with the Internal Revenue Service than last year, due to tax law changes and cutbacks at the IRS.Processing ContentThe report pointed out the IRS began 2025 with approximately 102,000 employees and ended the year with around 74,000, a reduction of 27%. Reductions were made in nearly all IRS functions, including Taxpayer Services, which lost close to 9,000 employees, a 21% reduction from 42,122 to 33,264. Collins’s own department, the Taxpayer Advocate Service, lost nearly…
Paramount+ could soon look more like TikTok.Paramount Skydance is planning to add a heavy dose of short-form video to its flagship streaming service, according to internal presentations and emails viewed by Business Insider.Dan Reich, the head of global product and design for Paramount+, emailed fellow executives in mid-January, asking to set up a meeting with Paramount product chief Dane Glasgow to discuss “Short Form Clips.””We are trying to figure out how to jump-start efforts to get a million clips into our Short Form UX as quickly as possible,” Reich wrote in an email.This short-form video initiative is part of a…
What if you could use credit card rewards to make an investment in your children’s future?That’s what Visa CEO Ryan McInerney says his company is planning to do.In a video address to a summit on “Trump accounts” in Washington, DC, on Wednesday, McInerney said that the company wants to “help families save for their children’s future through everyday spending.”A Visa spokesperson said the company will be “working with our US financial institution partners to enable a new capability that will offer cardholders the option to direct credit card rewards into Trump Accounts.””It’s a simple way for families to turn rewards…
The Securities and Exchange Commission charged food processing company Archer-Daniels-Midland Company and its three former executives with accounting and disclosure fraud.Processing ContentThe SEC litigated action against former executive Vikram Luthar, alleging that he materially inflated the performance of ADM’s nutrition segment, which the company touted to investors as a key driver of growth. Luthar made “adjustments” to nutrition’s transactions with the goal of masking the segment’s operating profit target shortfalls for fiscal years 2021 add 2022. The adjustments included retroactive rebates and price changes to third-party customers that were essentially one-sided transfers of operating profiThe SEC also settled an order…
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021.Al Drago | Bloomberg | Getty ImagesShoe brand Allbirds on Wednesday became the latest retailer to shift its focus from physical stores to online retail to increase profitability.The company announced that it will close its remaining full-price stores in the U.S. by the end of February to use its resources for e-commerce and partnerships. “This is an important step for Allbirds, as we drive toward profitable growth under our turnaround strategy,” CEO Joe Vernachio said in a statement. “We have been opportunistically reducing our…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks at the US Chamber of Commerce in Washington, Jan. 15, 2026.Luke Johnson | Bloomberg | Getty ImagesJPMorgan Chase and Bank of America said Wednesday in separate announcements that the firms will match the U.S. government’s one-time $1,000 contribution to children’s retirement savings accounts for eligible employees, the latest corporations to announce such a measure.The so-called “Trump accounts” are part of a pilot program that deposits $1,000 from the U.S. Treasury into a tax-advantaged account for eligible children born in the U.S. between Jan. 1, 2025, and Dec. 31, 2028.The…
Mayor Zohran Mamdani is amping up pressure on Governor Kathy Hochul to hike taxes for the richest residents and corporations, asking the state to send billions more in aid to New York City as he faces mounting budget holes. Processing ContentMamdani, the newly-sworn in democratic socialist, is arguing additional money from the state is necessary because the city faces a fiscal “crisis” created by his predecessor Eric Adams and by a push from former Governor Andrew Cuomo to shift costs from the state onto the city. Both Cuomo and Adams ran against Mamdani in last year’s mayoral election. Over two years, New…
2026-01-28T12:28:29.550Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Amazon said it is discontinuing Amazon One. The technology enables users to use their palms for actions such as payments and venue check-ins. This comes after the company said it will close all its Amazon Fresh and Amazon Go stores. Amazon said it is discontinuing Amazon One, its palm-authentication…