Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders

A federal regulator has ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled Apple Card customers' transaction

Tech - ABC News - October 23

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

The Consumer Finance Protection Bureau ordered the two to pay out over Apple Card disputes.

Business - Inc. - October 23

Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures

Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.

Business - CNBC - October 23

Apple, Goldman Sachs ordered to pay $89 million over Apple Card failures

Apple and Goldman "illegally sidestepped" their obligations to Apple Card customers, federal regulators say.

Apple and Goldman Sachs Must Pay Nearly $90 Million Over Apple Card Inquiry

The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.

Business - The New York Times - October 23

Goldman and Apple fined $89mn over US credit card programme

Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

Business - Financial Times - October 23

The cautionary tale of Goldman and Apple’s credit card

Retail banking is not only harder than it looks but also heavily regulated by watchdogs who take their duties very seriously

Business - Financial Times - October 30

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 hours 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.

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 analyst Kuo says company cut iPhone 16 orders by 10 million units

Apple shares slid Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.

Business - CNBC - October 23

Apple Offers $100 Million Investment in Indonesia to Lift iPhone 16 Ban

The amount the U.S. tech giant has offered is 10 times higher than an initial plan to invest $10 million and will be invested over the next two years.

Tech - The Wall Street Journal - 16 hours ago

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

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

Business - CNBC - November 1

Goldman Sachs managing director makes the case for a modified low-volatility ETF

Laurene Azoulay describes an indexing approach that enables U.S. investors to broaden their global exposure with a low-volatility stock-selection strategy that encompasses three other factors.

Business - MarketWatch - October 30

Goldman Sachs cuts European growth and earnings forecasts as Trump tariffs loom

The Trump regime will hit European economic growth and reduce company earnings, though the continent’s defense sector may prosper.

Business - MarketWatch - November 8

Investors should start diversifying their portfolios, Goldman Sachs says

The past year’s rally has left little room for U.S. stocks to increase in value any further — meaning investors should start diversifying their portfolios, Goldman Sachs analysts said

Business - MarketWatch - 3 days ago

Hedge funds are piling into the nuclear sector, Goldman Sachs’ analysis shows

Hedge funds are picking up stocks in nuclear power producers in seeking to capitalize on the artificial intelligence boom, new analysis from Goldman Sachs shows

Business - MarketWatch - Yesterday

Former Dallas police officer Amber Guyger ordered to pay nearly $100 million in civil trial

Guyger was convicted six years ago of shooting and killing Jean in his apartment, which she said she thought was her own.

Apple Intelligence Isn't Very Smart Yet---and Apple's OK With That

Our columnist reviews the first wave of AI features coming to iPhones with iOS 18.1, and asks Apple’s software chief why so much is still missing.

Tech - The Wall Street Journal - October 22

Apple releases Apple Intelligence. Here's how to get it on your iPhone

The release is a critical milestone for Apple, which is relying on the feature launch to power its marketing campaign for the iPhone 16.

Business - CNBC - October 28

Apple Podcasts – Top New Shows

Apple Podcasts charts for week ending Oct. 28

Entertainment - ABC News - October 29

US-Apple-Books-Top-10

Apple Books charts for week ending Oct. 28

Entertainment - ABC News - October 29

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Oct. 28

Entertainment - ABC News - October 29

When Eve and Eve Bit the Apple

In this essay from 2016, a writer struggles to reconcile her love for a woman with being “a good Christian girl.”

Lifestyle - The New York Times - November 1

US-Apple-Books-Top-10

Apple Books charts for week ending Nov. 4

Entertainment - ABC News - November 5

Apple Podcasts – Top New Shows

Apple Podcasts charts for week ending Nov. 4

Entertainment - ABC News - November 5

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Nov. 4

Entertainment - ABC News - November 5

Apple Podcasts – Top New Shows

Apple Podcasts charts for week ending Nov. 8

Entertainment - ABC News - November 12

US-Apple-Books-Top-10

Apple Books charts for week ending Nov. 11

Entertainment - ABC News - November 12

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Nov. 8

Entertainment - ABC News - November 12

Apple TV app - Top Movies

Apple TV app (Movies) charts for week ending Nov. 15

Entertainment - ABC News - 2 days ago

US-Apple-Books-Top-10

Apple Books charts for week ending Nov. 15

Entertainment - ABC News - 2 days ago

Apple Podcasts – Top New Shows

Apple Podcasts charts for week ending Nov. 15

Entertainment - ABC News - 2 days ago

‘FOMO’ could help drive stocks higher after the election, one top Goldman Sachs strategist says

The upcoming U.S. election has helped inspire a sense of foreboding on Wall Street, judging by the still-elevated level of the Cboe Volatility Index, otherwise known as the VIX or the stock ...

Business - MarketWatch - October 28

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