UK Parliament Summons Elon Musk Over Twitter Deal

The UK Parliament has invited Tesla CEO Elon Musk to testify in the U.K. Parliament about his deal to purchase social media platform Twitter for a sum of $44 billion.Julian Knight, who chairs the parliamentary committee on digital, culture, media and sport, sent Musk a letter requesting that he appear […]

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Expect another frustrating tax season. Here's why

New York (CNN Business)Intuit, the owner of tax filing software TurboTax, has agreed to pay $141 million in a settlement with all 50 states for allegedly steering millions of low-income Americans away from free tax-filing services. The settlement, announced Wednesday by New York Attorney General Letitia James, said about 4.4 […]

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Why RBI Announced Rate Hike In May

In its scheme of things, tackling inflation now comes ahead of ensuring growth in the world’s sixth largest economy, points out Tamal Bandyopadhyay. For the record, the Monetary Policy Committee, the Indian central bank’s rate-setting body, at its last meeting left the key policy rates — repo and reverse repo […]

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