Legal & Regulatory

Citibank Sued by New York State Over Failure to Protect, Reimburse Victims of Fraud

Citibank Sued by New York State Over Failure to Protect, Reimburse Victims of Fraud

The state of New York has filed a lawsuit against Citibank for its alleged failure to protect customers from electronic fraud and to reimburse victims for millions of dollars in losses.


Elon Musk Could Lose His Spot as World's Richest Person After Judge Voids His Record-Breaking $55B Tesla Pay Package

A Delaware judge ruled on Tuesday to void Tesla CEO Elon Musk's 2018 compensation package, which is potentially worth up to $55.8 billion.

GOP Reps Want the US to Investigate Ford's Deal with Chinese Companies

GOP reps are urging the Biden administration to investigate Ford's deals with Chinese companies.

HSBC Hit With $73 Million Fine by UK Watchdog for Deposit Protection Failings

The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.


Latest News

US Congress Negotiators Strike Deal on 12 Government Spending Bills
Bipartisan negotiators in the US Congress have reached an agreement on spending levels in the 12 bills crucial in preventing a government shutdown.
UKRAINE
The Security Service of Ukraine identified a $40 million corruption plot involving the Ukrainian military's arms purchase.
EVERGRANDE
Hong Kong court ordered real estate giant China Evergrande Group to liquidate, a sign that might shake China's financial markets.
UK Moves to Ban Disposable Vapes to Stop Use Among Children
UK Prime Minister Rishi Sunak is set to unveil plans on Monday to ban the sale of disposable vapes to prevent their use by children.
A Colorado pastor, who has launched a crypto venture after God allegedly told him, is now accused of pocketing $1.3 million from his followers.
Bayer Ordered to Pay $2.25 Billion to Pennsylvania Man Who Blamed His Cancer on Roundup Weedkiller
Bayer was ordered to pay $2.25 billion to a Pennsylvania man, who blamed his cancer on his exposure to the company's Roundup weedkiller.
Joe Biden Met Head of Chinese Firm That Paid Family Millions, Hunter Biden Business Associate Says
Hunter Biden business associate John Robinson Walker said President Joe Biden met in 2017 with the head of a Chinese government-linked firm that paid millions to his son and other family members.
Elon Musk's Brain Implant Startup Neuralink Found Violating US Hazardous Material Transport Rules: Report
Elon Musk's brain implant firm Neuralink was fined for violating US Department of Transportation (DOT) regulations on transporting hazardous materials.
Donald Trump Reacts to Verdict Ordering Him to Pay E. Jean Carroll $83.3 Million for Defamation
President Donald Trump was ordered to pay $83.3 million to writer E. Jean Carroll over defamatory remarks he made about her as president in response to her rape accusation.
Vodafone and Three Merger: UK Gives Both Telcos 5 Working Days to Address Competition Concerns to Avoid in-Depth Probe
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
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