column column
General

IRS to close a tax loophole and potentially raise $50B

DS Staff | Jun 18, 2024

The Department of the Treasury and Internal Revenue Service (IRS) unveiled new tax regulations on Monday that will target a tax loophole used by the ultra-rich and could rake in $50 billion in tax revenue over the next decade, says Deputy Treasury Secretary Wally Adeyemo.

column column
Global

Israel’s Netanyahu dissolves war cabinet

DS Staff | Jun 18, 2024

Israeli Prime Minister Benjamin Netanyahu dissolved the country’s war cabinet on Monday after two of the five-member committee quit recently over disagreements about his handling of the war. The departure of the Cabinet’s centrist member and Netanyahu’s rival, Benny Gantz, acted as the catalyst for the move.

column column
Ai

McDonald’s ends AI drive-thru orders

DS Staff | Jun 18, 2024

Fast food chain McDonald’s will discontinue its AI drive-thru voice ordering system it has been experimenting with by the end of July after numerous mistakes were reported on social media, like misinterpreting orders and producing incorrect items (an ice cream cone topped with bacon).

column column
Health

DOJ accuses ADHD startup of $100M fraud

DS Staff | Jun 17, 2024

Top executives of an ADHD telehealth company, Done Global Inc., were arrested on charges of healthcare fraud last week. The CEO, Ruthia He, and clinical president, David Brody, are accused of participating in a scheme that allowed easy access to more than 40 million pills of Adderall and other ADHD stimulants.