A federal judge rejected a $30 billion settlement intended to cap the fees Visa and Mastercard charge merchants for credit and debit card transactions.
Finance/Venture
ALEX's Resilient Rebuilding Post-Attack and Strategic Plans to Reinforce DeFi on Bitcoin
ALEX, a crypto project building decentralized finance (DeFi) on Bitcoin, is back in full force after being attacked in May, which resulted in unauthorized access and subsequent loss of funds—a proof of ALEX's determination and commitment.
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.
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.
Patelco Credit Union Faces Disruption Due to Ransomware Attack, Affecting Roughly 500,000 Members
A ransomware attack over the weekend shut down financial services for almost half a million members of Patelco Credit Union.
Latest News
Kalms' B Generous, a VC-backed FinTech company, is addressing this dire liquidity issue plaguing the sector.
Goldman Sachs has appointed John B. Hess, CEO of Hess Corporation, to its Board of Directors as an independent member.
Former President Donald Trump's net worth fell by about $475 million as shares of Trump Media & Technology Group continued their downward trend.
Russia's President Vladimir Putin's visit to China last month reportedly secured alternative payment methods for the two nations.
Former President Donald Trump reportedly left a less than favorable impression among prominent American CEOs who attended the Business Roundtable's quarterly meeting.
Trump Media & Technology Group has announced that the Securities and Exchange Commission (SEC) has approved the company's filing to resale certain shares and warrants.
Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.
Bitcoin ETFs are on a slow adoption journey, according to BlackRock's Samara Cohen. Bitcoin exchange traded funds (ETFs) are still slowly being adopted by financial advisors despite making their debut in January, according to BlackRock's Samara Cohen.
Wells Fargo's decision to fire employees accused of faking work highlights a growing intolerance among bosses for disengaged workers.
