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All of Canoo’s employees are reportedly on a ‘mandatory unpaid break’
Days after furloughing dozens of its employees without pay, EV startup Canoo told the remainder of its staff they will be on a “mandatory unpaid break” through at least the end of the year, TechCrunch reported Friday. A company email seen by the outlet said employees would be locked out of Canoo’s systems by the end of Friday, with their…
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Apple Must Pay Back €13 Billion in Unpaid Taxes to Ireland, E.U. Court Rules
Apple has been ordered to pay back €13 billion ($14.4 billion) worth of tax to Ireland by the European Court of Justice. Two of its subsidiaries illegally received tax benefits between 1991 and 2014, as these benefits were not available to other companies. Ireland issued tax rulings favouring Apple Sales International and Apple Operations Europe in 1991 and 2007, respectively.…
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