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Fintech Bankruptcy Locks Out 100,000 Americans With $265 Million in Deposits

The collapse of Synapse has left over 100,000 Americans with $265 million in deposits frozen since May 11, exposing flaws in fintech's reliance on third-party banking partnerships and prompting urgent calls for resolution from lawmakers.


McDonald's to Launch Jujutsu Kaisen-Inspired Garlic Sauce on July 9—Here's Everything We Know

McDonald's will launch a Jujutsu Kaisen-inspired garlic sauce on July 9 through its app, aiming to appeal to anime fans and culinary enthusiasts alike.

Moderna Receives $176 Million US Grant for Bird Flu Vaccine Development

Moderna received $176 million from the US government to fast-track the development of its bird flu vaccine, following the spread of the H5N1 virus in dairy herds across multiple states.

Salesforce Shareholders Vote Against Compensation Plan for CEO Marc Benioff

Salesforce investors rejected the company's compensation plan for top executives amid concerns over the equity awards granted to CEO Marc Benioff.


Latest News

US-POLITICS-OBAMA
Community Health Systems expands its partnership with Mark Cuban Cost Plus Drugs, enabling 71 hospitals to access a wider range of generic medicines.
Philadelphia Woman Charged for Stealing COVID-19 Relief Funds From Florida to Pay for Brazilian Butt Lift
A Philadelphia woman was charged for allegedly stealing COVID-19 relief funds intended for a Florida city to pay for a cosmetic procedure known as a Brazilian butt lift.
Mexico's Sinaloa Drug Cartel Members Found Citi ‘Favorable’ for Money Laundering: Report
US officials said that drug traffickers for Mexico's Sinaloa cartel chose to launder money through Citi.
Cannabis Businesses Fail to Win Lawsuit Challenging US Marijuana Ban
A federal judge has dismissed a lawsuit filed by several Massachusetts cannabis businesses seeking to challenge the existing federal prohibition on marijuana.
China Forms New State Body to Find Oil and Gas Reserves Deep Underground
China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.
Joe Biden Administration Can’t Pause New LNG Export Approvals, Judge Rules
A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.
Lab-Grown Meat Firm Upside Foods Cuts Jobs Due to Regulatory, Financial Woes
Upside Foods announced that they were letting go of 26 of its staff and restructuring its executive and leadership teams to delegate processes more directly to staff due to legislative, regulatory, and financial issues.
Payment, Service Apps Ask for Card Information — Is It Safe?
Here are some ways on how apps employ data security and user safety features, for people to augment such with their own procedures.
atm
A ransomware attack over the weekend shut down financial services for almost half a million members of Patelco Credit Union.
Chinese Man Arrested as Cybercrime Ringleader in US-Led Bust; Luxury Assets Confiscated
An NYC banker turned himself in to police after being accused of beating a woman during a Pride and anti-Israel march in June.
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