New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
Legal & Regulatory
Volaris Fined $300,000 by US Transportation Department Over Tarmac Delays
Volaris has been fined $300,000 by the US Transportation Department for leaving international flight passengers stranded on tarmacs for four hours or more.
BEWARE: Toll Scams Target Drivers Via Text Messages—FBI Shares Tips
Toll scams are moving from state to state, targeting more drivers. Here's what the FBI revealed about these toll scams.
Putin Seeks Stronger Energy, Military, and Trade Deals With China as US Sanctions Hit Russian Economy
Russian President Vladimir Putin's upcoming visit to China aims to strengthen bilateral ties. Three key objectives on his agenda are securing a deal for the Power of Siberia 2 pipeline, increasing Chinese support for the conflict in Ukraine, and accessing Chinese financial markets.
Crypto Heists: North Korea Launders $147 Million in Stolen Cryptocurrency in March
North Korea laundered $147.5 million in stolen crypto in March, according to the UN. North Korea reportedly laundered $147. 5 million via the virtual currency platform Tornado Cash in March after allegedly stealing it from a cryptocurrency exchange in 2023.
Latest News
An Ohio bar has stirred outrage after prohibiting persons under 30 on weekends following a brawl in the establishment.
Police are deeply concerned about the ongoing issue of underage teenagers buying knives online as the sale of weapons through social media platforms by illegal dealers is a troubling trend that continues to raise alarm.
The US Justice Department has filed a lawsuit against Boeing for allegedly violating the 2021 agreement to defer any criminal prosecution about two 737 MAX crashes in 2018 and 2019.
During the hush money trial, it was revealed that Michael Cohen earned approximately $3.4 million from the sales of two books he authored about Donald Trump.
Some TikTok creators take action as they argue that the Biden administration's TikTok ban violates the First Amendment.
US-sanctioned terrorist groups allegedly use Dubai properties. Here's what C4ADS's new report revealed.
WWE's Vince McMahon faces sexual misconduct allegations from former staffer. Court docs reveal that the accuser sent explicit texts.
Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.
Alexey Pertsev, co-founder of Tornado Cash, has been sentenced to over five years in prison by a Dutch court for laundering $1.2 billion in cryptocurrency.
