The Swiss financial regulator FINMA is seeking new powers to publicly name and shame banks that breach its rules. Switzerland has been looking to strengthen banking regulations since UBS took over Credit Suisse last year.
Legal & Regulatory
Australia Drops Lawsuit vs. X Over Church Stabbing Footage
The Australian eSafety Commissioner Julie Inman-Grant announced that she was discontinuing the watchdog’s legal action against X over the graphic video footage of a stabbing incident at a church in Sydney last April.
Netflix Settles Defamation Lawsuit with Linda Fairstein Over ‘When They See Us’
Netflix has settled a defamation lawsuit filed by Linda Fairstein, the former Manhattan sex crimes prosecutor, regarding her portrayal in the 2019 crime series ‘When They See Us.’
Australia Sues Medibank for Data Breach due to Russian Hacking
The Australian Information Commissioner has filed a lawsuit against a Medibank for allegedly failing to protect data from being misused.
Canada Requires Online Streaming Firms to Pay For Local News, Content
Online streaming providers are required to give 5% of their income to the Canadian broadcasting system.
Latest News
The 48-year-old Oregon woman claimed that she's been using Johnson & Johnson powder for 30 years and has been inhaling asbestos in return, but Johnson & Johnson maintained that their products do not contain such and do not cause cancer.
Billionaire bitcoin investor and MicroStrategy founder Michael Saylor will pay $40 million to settle a tax fraud lawsuit brought by Washington, DC, Attorney General Brian Schwalb.
Dr. Anthony Fauci faced rigorous questioning from Republicans, including one who declined to address him as a doctor, during his appearance before a US House committee.
Poppi is being sued by a customer who disputes the promises it makes about gut health. Atmosphere at the Poppi Soda's Back Beach Bash at Gurney's Montauk on July 28, 2023 in Montauk, New York.
A federal appeals court has suspended the Fearless Fund's grant program for Black women business owners.
X officially allowed people to show consensual adult content as long as they are labeled as such. This photograph taken on March 7, 2024 in Nantes, shows logos of US social media platform X, formerly known as Twitter.
PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to pay $178 million to settle claims by 403 plaintiffs related to two Oregon wildfires in 2020, bringing the total settled claims to nearly 1,500.
New York plans to ban social media companies from using algorithms to control content for youth without parental consent, addressing concerns about the platforms' impact on mental health.
The US DOT fined three airlines over $2 million and ordered them to repay customers for COVID-19-canceled flights.
