Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Legal & Regulatory
EU Blacklists North Korea’s Defense Minister, Chinese Firms for First Time in New Sanctions Over Russia's War in Ukraine
The European Union (EU) has agreed to ban exports to three Chinese companies and blacklist North Korea's Defense Minister in new sanctions for the second anniversary of Russia's invasion of Ukraine.
Philippine Media Giant ABS-CBN Cancels Sky Cable Sale to PLDT
Philippine media giant ABS-CBN Corp. has revealed that the planned sale of its ownership in Sky Cable Corp. to telco leader PLDT Inc. has been called off.
2 Chinese Nationals Convicted for Multimillion-Dollar Scheme to Dupe Apple Out of 5,000 iPhones
Two Chinese nationals were convicted by a federal jury in Washington, DC, for their involvement in a fraudulent scheme that would have cost Apple more than $3 million.
FuboTV Sues Disney, Fox, Warner Bros., ESPN, Hulu Over Sports Streaming Joint Venture
FuboTV has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery over their sports streaming joint venture.
Latest News
The EU may fine Apple $539 million for restricting music streaming. Is this related to Spotify's complaint in 2019?
The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.
China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.
In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties.
Winning a Mega Millions jackpot takes a lot of luck, but two bettors just wasted that stroke of good fortune after they failed to step forward and claim the prize.
Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
