Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance.
Legal & Regulatory
UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.
Chinese Firm Under Fire For Confining Employee in Dark Room to Make Him Resign
Guangzhou Duoyi Network Co. Ltd confined an employee, Liu Linzhu, to a dark room without power or communication for four days to pressure him into resigning.
Known as 'Tesla of Euthanasia,' 'Suicide Capsule' Banned by Swiss Authorities Weeks Before First Planned Use
Swiss authorities have banned the use of the Sarco "suicide capsule," set to debut in euthanasia clinics, citing ethical and legal concerns about the device's method.
Apple, Microsoft Back Out From OpenAI Board Seats Over Increasing Antitrust Concerns
Despite initial plans to fill OpenAI's board seats, Apple and Microsoft will exit instead to avoid regulatory concerns but will continue their collaborative partnerships.
Latest News
Yonge Street Capital co-founder Nathanael Anthony Aikman has been found guilty of fraud charges by a Canadian provincial court for accepting millions of dollars from investors.
A former Texas businessman has fallen victim to a crypto scam, losing nearly $300,000 of his retirement savings.
The US Department of Justice has disrupted a Russian operation using fake social media accounts enhanced by artificial intelligence to propagate pro-Kremlin messages covertly in the United States and internationally.
DoorDash will now prompt delivery drivers to submit real-time selfies for identity verification during deliveries, removing those who fail to confirm their identities.
Meta will start removing posts that label Jews as "Zionists" and target them for harm, as part of a policy update to balance free speech with preventing hateful attacks.
A Southwest Airlines plane experienced unusual rolling during a May flight and was later found to have structural damage to its rudder system, with the NTSB investigating the timing of the damage following recent maintenance.
Wilson Phillips, the NRA’s former finance chief, has been banned from managing finances for any nonprofit in New York for the next decade and owes $2 million in damages for his role in misspent gun rights money.
In China, a woman named Wang from Xuchang, Henan, returned 2.26 million yuan ($310,000) mistakenly transferred to her via Alipay, despite initial suspicions of a scam.
Fisker Automotive Inc. is recalling over 12,000 Ocean electric vehicles worldwide due to faulty door handles. This is the company's third recall this month as it faces ongoing investigations by the NHTSA.
