Author: Editor

Smokey Robinson is shown attending the screening for The Apollo during the 2019 Tribeca Film Festival on April 24, 2019, in New York. Charles Sykes/Charles Sykes/Invision/AP hide caption toggle caption Charles Sykes/Charles Sykes/Invision/AP This report contains descriptions of physical and sexual violence. LOS ANGELES — Legendary Motown singer, songwriter and musician Smokey Robinson is being criminally investigated by the Los Angeles County Sheriff’s Department following allegations accusing him of a series of sexual assaults dating back to 2014. The accusations came last week in a civil suit filed by four former housekeepers who worked for the 85-year-old Robinson, in which…

Birkenstock will be increasing the prices of its shoes globally to offset President Donald Trump’s tariffs.Representatives for the German footwear brand talked about price hikes in its latest earnings call on Thursday.The company’s finance chief, Ivica Krolo, said Birkenstock will need a “low single-digit price increase globally” for a “full offset of tariff impact.” She said the brand is less exposed to tariff impact “with 100% of our production and 96% of our materials sourced from Europe and no contract manufacturing from Asia.”Per Trump’s announcement on April 2, 10% tariffs would be applied to goods from all countries entering the…

Music mogul and entrepreneur Sean “Diddy” Combs arrives at the Billboard Music Awards, May 15, 2022, in Las Vegas. Jordan Strauss/Invision via AP hide caption toggle caption Jordan Strauss/Invision via AP This report contains descriptions of physical and sexual violence. During cross-examination Thursday, Cassandra “Cassie” Ventura detailed in the federal sex trafficking and racketeering trial against hip-hop mogul Sean “Diddy” Combs their group sexual encounters, the extent of their drug use and her own feelings toward Combs. Thursday marked the fourth day of the New York trial against Combs. Ventura continued her testimony in which she has alleged a pattern…

JPMorgan CEO Jamie Dimon has said many things about working from home.The banking executive has repeatedly shared why he thinks workers aren’t as effective when they’re not in the office and how that can negatively impact company culture.Take all his comments together, and a very specific image of the work-from-home employee emerges: They largely work in corporate jobs, are inattentive, and are at times hard to reach. “I think our employees will be happier over time,” Dimon said in an interview with Bloomberg Television on Thursday, referring to JPMorgan’s return-to-office mandate. “And the younger people will learn the right way,…

The Mediterranean sparkles to my left as I type from a foldable desk on the terrace of a cozy home in a quiet coastal town in Spain. Rolling green hills stretch to my right, framing the space that will be home for the next three months, until we pack up and move again.It’s been 12 months since my husband and I embarked on a nomadic life. We sold everything, ended our four-year apartment lease in Singapore, and boarded a one-way flight to Bali. Since then, we’ve worked from Bali, Rome, Tuscany, Bangkok, Phuket, and now the coast of Alicante in…

It was about to get easier to get rid of that pesky subscription you’ve been stuck paying for until the Federal Trade Commission delayed enforcement of its new click-to-cancel rule.Former FTC chair Lina Khan, in a Thursday post on X, said that the enforcement delay will give firms more time “to keep trapping people in subscriptions.”Most consumers are familiar with the unwanted subscription rigamarole: It’s painlessly simple to sign up online for a streaming service, gym, or other subscription, but when the time comes to stop monthly payments and unsubscribe, there’s no way to do it digitally, and you’re forced…

The IRS can share taxpayer data with federal immigration officials only in cases involving immigrants with final deportation orders or ongoing criminal investigations, according to a newly unsealed agreement between the Treasury and Homeland Security departments.The 13-page memo, signed in April by Treasury Secretary Scott Bessent and Homeland Security Secretary Kristi Noem, was released Tuesday by order of a federal court in Washington. It permits Immigration and Customs Enforcement to request tax records under a section of the tax code that allows limited disclosures for non-tax criminal matters.While the memo doesn’t specify what criminal cases may qualify, it does specify…

The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure in the Garden State, backing a bill that would modify New Jersey’s Accountancy Act to allow CPA candidates to qualify for licensure by earning a bachelor’s degree, completing two years of experience and passing the CPA exam. The bill (A5598), sponsored by Assemblyman Sterley S. Stanley, D-East Brunswick, passed the Assembly Regulated Professions Committee on Thursday. Earlier this week, the American Institute of CPAs and the National Association of State Boards of Accountancy approved changes in the Uniform Accountancy Act model legislation used in various states…

The International Auditing and Assurance Standards Board released additional information Thursday on its new going concern standard.The new Frequently Asked Questions document aims to support stakeholders as they implement International Standard on Auditing 570 (Revised 2024), Going Concern.The FAQ document discusses the main questions on the enhanced auditor reporting model for going concern that’s included in the revised standard. It focuses on the implications for the auditor’s report when reporting entity specific going concern matters in a section titled ‘Going Concern’ or ‘Material Uncertainty Related to Going Concern.’ It also provides an illustrative example of an auditor’s report that provides…

President Trump’s order that would end automatic citizenship for the children of many categories of immigrants has been blocked from going into effect by three separate federal judges. Those injunctions have been upheld by three separate appeals courts.So Thursday’s case at the Supreme Court was really about two questions: Whether the constitution guarantees birthright citizenship and whether judges can issue nationwide injunctions against federal policies.University of Virginia law professor Amanda Frost, author of the book You Are Not American: Citizenship Stripping from Dred Scott to the Dreamers, followed the arguments and breaks down clues that point to the Justices’ thinking.For…