Apple, Goldman Sachs Ordered to Pay $89 Millions Over Transaction Disputes

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - October 30

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple reported earnings after the bell. Here are the results.

Business - CNBC - November 1

CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle

The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.

Business - CNBC - 2 days ago

CFPB expands oversight of digital payments services including Apple Pay and Cash App

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps.

55,000 Postal Workers in Canada Strike Over Pay

The union walked out after talks with the country’s main mail operator failed. The stoppage could disrupt deliveries before the holidays.

Business - The New York Times - November 15

Jury finds Conor McGregor liable for 2018 sexual assault in Ireland, orders him to pay huge civil judgment

McGregor will be ordered to pay the equivalent of about $258,000 in damages to the victim

Sports - CBS Sports - Yesterday

Indonesia blocks Apple iPhone 16 sales over lack of investment

Marketing and sale of model prohibited after tech giant fails to meet rule 40% of phones be made from local parts. Indonesia has prohibited the marketing and sale of the iPhone 16 model over ...

World - The Guardian - October 28

Buffett’s Apple sales and cash pile spark intrigue over motives

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

Business - Financial Times - November 8

Apple facing near-£3bn UK lawsuit over cloud storage ‘monopoly’

Which? claims firm engaged in anti-competitive practices that led to 40 million people ‘being overcharged’. Apple is facing a near-£3bn lawsuit over claims it breached competition law by ...

World - The Guardian - November 14

Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.

Business - CNBC - Yesterday

Musk ordered to attend hearing over $1M cash giveaway to voters

A Philadelphia judge is set to address a bid by the city’s district attorney to stop Elon Musk and his America PAC from continuing to award multi-million dollar prizes to registered voters in ...

Politics - NBC News - October 31

Musk can continue with election cash giveaways for now, judge rules

Prosecutors say the case will now move to a federal court, following a request from Musk's lawyers.

Canada orders TikTok to close offices over ‘security risks’

Chinese-owned firm’s operation falls foul of official review, though Canadian users will be able to use video app as usual. Canada has ordered TikTok to shut down its operations in the country ...

World - The Guardian - November 7

Giuliani appeals decision ordering him to turn over assets to election workers

Rudy Giuliani on Thursday appealed a judge’s decision last month ordering him to turn over most of his assets to two Georgia election workers to satisfy their $146 million defamation judgment. ...

Politics - The Hill - 2 days ago

Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'

Lynch said many eat at Shake Shack when they are on vacation, adding that the chain has outposts in high-traffic airports JFK, LaGuardia and Newark.

Business - CNBC - October 30

Elon Musk ordered to attend $1 million voter lottery suit hearing in Philadelphia court

Tesla CEO Elon Musk and his America PAC are supporting Republican nominee Donald Trump over Democratic nominee Kamala Harris in the presidential election.

Business - CNBC - October 31

Matthew Sluka, who left UNLV over NIL dispute, enters transfer portal

Quarterback Matthew Sluka has entered the transfer portal

Sports - ABC News - October 31

Mali detains top executive and 2 others from gold mining company over dispute

The top executive and two other employees of Australia's gold mining company Resolute Mining have been arrested and detained by Mali’s military junta

World - ABC News - November 11

Supreme Court takes up FCC fund dispute over subsidies for rural telecom services

The Universal Service Fund was created by Congress in 1996.

San Francisco Will Pay $212 Million for Its Train System to Ditch Floppy Disks

The city’s light-rail system has used 5¼-inch floppy disks for nearly 40 years. Getting off them won't come cheap.

Tech - Wired - October 25

Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers

Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in ...

Tech - ABC News - November 1

Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle

President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.

Business - CNBC - November 15

Russia is dropping millions on pay for up to 100,000 North Korean soldiers. They're unlikely to see much of it.

World - Yahoo News - 5 days ago

Australian mine company to pay Mali junta $160 million after its CEO and 2 employees were detained

Australia’s Resolute Mining says it will $160 million to Mali’s ruling junta to resolve a tax dispute, more than a week after the company’s CEO and two other employees were detained in the West ...

World - ABC News - 5 days ago

PSG to go to courts over Mbappé $60M pay ruling

Paris Saint-Germain will take their wage dispute with Kylian Mbappé to court after the Ligue de Football Professionnel (LFP) ruled in favor of the France captain.

Sports - ESPN - October 26

Nomura profits surge as chief takes pay cut over trading scandal

Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversy

Business - Financial Times - November 1

Columbia pays $395,000 to student suspended over protest ‘fart spray’

Israeli student filed lawsuit after suspension for spraying pro-Palestinian protesters with foul-smelling substance. Columbia University has reached a $395,000 settlement with a student who was ...

World - The Guardian - November 1

Peter Laviolette's Big Gamble Pays Off In Rangers' Win Over Islanders

The Rangers made major changes to their line combinations, which led to a decisive 5-2 victory against the Islanders.

Sports - Yahoo Sports - November 3

Baby milk price promotion ban should end, watchdog suggests

Many parents opt for more expensive baby milk, equating higher costs with better quality, the watchdog found.

Parents paying ‘over the odds’ for baby formula, says UK watchdog

Competition and Markets Authority says ban on discounting in the sector should be lifted