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Senate Finance Committee Chairman Ron Wyden

Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says

By Matt Egan, CNN Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million in secret offshore accounts held by a single family, a Senate investigation released Wednesday finds. The two-year investigation by Senate Finance Committee Chairman Ron Wyden alleges major

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Alibaba Group CEO Daniel Zhang speaking Tuesday as the Chinese tech giant showed off its answer to the ChatGPT craze

Alibaba unveils its ChatGPT-style service

By Michelle Toh, CNN Alibaba showed off its answer to the ChatGPT craze on Tuesday, demonstrating new software that it plans to eventually roll out across all its platforms. The Chinese tech giant unveiled Tongyi Qianwen, a large language model that will be embedded in its Tmall Genie smart speakers and workplace messaging platform DingTalk.

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A detailed view of a helmet belonging to a Washington Commander player is seen on the field during pregame warm ups on December 24

Canadian billionaire and a group including Magic Johnson submit competing bids for Washington Commanders

By Matt Egan, CNN Two potential ownership groups are vying to buy the NFL’s Washington Commanders. Canadian billionaire Steve Apostolopoulos has officially submitted a $6 billion to buy the Commanders, a person familiar with the matter told CNN on Tuesday. The bid creates a head-to-head race for the Commanders between the Canadian businessman and a

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Pepsi's new branding is rolling out in North America in the fall.

Pepsi has a new logo

By Danielle Wiener-Bronner, CNN If someone were to ask you to draw the Pepsi logo from memory, what would you draw? A circle, perhaps, with the red, white and blue stripes that are emblematic of the brand. The word “Pepsi,” probably, in that globe. When PepsiCo walks people through this exercise, as it sometimes does,

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Confidence in the US economy improved in March

US consumer confidence improved in March

By Alicia Wallace, CNN Confidence in the US economy ticked up in March, despite the sudden turmoil in the banking industry, according to the latest report from the Conference Board. The business group’s Consumer Confidence Index increased to 104.2 in March from an upwardly revised reading of 103.4 the month before. Economists were expecting a

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Federal prosecutors are accusing Sam Bankman-Fried

FTX founder Sam Bankman-Fried tried to bribe Chinese officials, prosecutors say

By Allison Morrow, CNN Federal prosecutors tacked on a 13th criminal charge against Sam Bankman-Fried, accusing the FTX co-founder of bribing “one or more” Chinese government officials with $40 million worth of cryptocurrency. In the indictment, prosecutors allege that Bankman-Fried sought to pay off Chinese officials in an effort to unfreeze accounts belonging to his

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