Online platforms face push to curb counterfeit goods
Consumers across 17 countries report high rates of fake purchases in a rising counterfeit market. U S regulators urge Congress to extend liability to online platforms, aligning them with brick and mortar stores, amid examples from aircraft parts to bicycle helmets and toys.
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Congress
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Senate Judiciary Committee
Intellectual Property
Thom Tillis
R-N.c
James Bikoff
Smith, Gambrell & Russell LLP
Washington
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Coons
Tillis
Trump returns to civil fraud trial in New York
The former president attends the civil fraud trial observing outside cameras as witnesses test on asset valuations. Donna Kidder testified she followed favorable assumptions in internal spreadsheets while Doug Larson, an outside appraiser, criticized the methods used to value a Trump retail space at 287.6 million in 2013. Trump defends his assets as undervalued, calling the case a political vendetta and the system corrupt.
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James
Jeffrey McConney
New York Supreme Court
IRS to test free direct file pilot starting January
The IRS will invite select taxpayers in 13 states to try a pilot free file tax return system beginning in January for the 2024 filing season. The rollout aims to be incremental with non profits and state partners, to gauge feasibility and user ease while challenging private tax software firms.
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Washington
Healthcare.gov
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Werfel
Derrick Plummer
Intuit
Joe Biden
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California
Massachusetts
New York
Wall Street Edges Higher As Economy Remains Solid
Wall Street closed mixed with the S&P 500 slipping 0.43 to 4373.20 and the Nasdaq down 0.3 while the Dow rose 13.11 to 33997.65. Treasuries climbed as the 10 year yield edged to 4.83 percent amid bets the Fed will keep rates elevated to curb inflation.
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Amazon
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Palantir
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Canop Inc
PepsiCo
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Petrobras
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Pfizer
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Citigroup
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