Nebraska Attorney General Mike Hilgers sued TikTok, alleging that it is addictive and unsafe for youth, contributing to their mental health crisis.
Legal & Regulatory
HSBC Fined $8.5M For Mishandling Finances of 1.5 Million Customers
HSBC faces an $8.6 million penalty for mishandling customers in financial difficulty. The Financial Conduct Authority revealed the bank's failure to consider circumstances, endangering 1.5 million individuals.
Lazada's Laid Off Employees Set to Receive Additional Payouts; Some to Get Extra 2 Weeks’ Pay per Year of Service
Former Lazada employees who were suddenly laid off earlier this year are set to receive additional payouts, with some receiving an extra two weeks' pay per year of service and others $1,200.
Aldi Supermarket to Lower Prices on 250 Grocery Items for this Summer Due to Inflation
CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like Walmart and Target.
Justice Department to Sue Ticketmaster Parent Live Nation Over Alleged Antitrust Violations
The US Department of Justice and several states are reportedly set to file an antitrust lawsuit against Live Nation, the owner of Ticketmaster, as early as Thursday.
Latest News
The House of Representatives passed the Financial Innovation and Technology for the 21st Century Act with a 279-136 vote, marking a significant bipartisan effort to clarify the regulatory roles of the SEC and CFTC over digital assets.
The UK's Information Commissioner's Office is investigating Microsoft's new AI-powered tool that collects snapshots of users' desktops every few seconds.
The Department of Justice has been requested by House and Senate Democrats to consider its probe into oil industry's climate change misinformation.
NewsCorp and OpenAI have signed an agreement allowing the tech startup to access the content from the media conglomerate’s news sites.
The Bipartisan duo introduced a new bill requiring US presidents to disclose their finances. Here's what Americans should know about it.
The US CFPB is now targeting buy now, pay later loans with consumer protection policies, similar to what credit card firms comply with.
Louisiana is now aiming to categorize some abortion pills as dangerous controlled substances. The House has already passed the new bill.
Citigroup Inc. was fined £61.7 million ($79 million) by British regulators for failing to prevent a "fat finger" mistake worth $444 billion.
Elvis Presley's granddaughter Riley Keough is reportedly "traumatized" by the idea of the Rock n' Roll legend's Graceland estate in Tennessee being auctioned off and sold to a "random stranger."
