Latest in CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
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CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.CNBC - 16h -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - 1d -
SEC sues Elon Musk over alleged late disclosures on Twitter share deal
Regulator says Trump ally got $150mn discount by not disclosing stake in social media group on timeFinancial Times - 9h -
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.MarketWatch - 13h -
No One Should Be Scoring Political Points Over a Fire
It’s way too soon for ideological score settling.The New York Times - 1d -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - 1d -
Secretary can sue over mouldy cheese claim, says judge
Her claims of unfair dismissal were refused but legal action can still be taken, a judge rules.BBC News - 2d -
Gymshark falls out with influencer over promotion of competitor
Sportswear brand popular with millennials and Gen Z says powerlifter Nathaniel Massiah breached several clauses in his contractFinancial Times - 3d -
Ons Jabeur: ‘Kids are dying everywhere in Ukraine or Gaza. I have to speak out’
Former world No 2 shares her struggles with seeing suffering in Palestine and how she is working with the World Food Programme to help . Few players wear their heart on their sleeve as much as Ons ...The Guardian - 3d -
The N.F.C. Has Elite Teams at the Top. But These 2 Stand Out.
Be prepared to see some fireworks this weekend, a columnist for The Athletic writes.The New York Times - 4d -
Hayton's late goal lifts Utah to 2-1 win over Sharks
Barrett Hayton snapped home the go-ahead goal with 1:32 left to lift the Utah Hockey Club to a 2-1 victory over the San Jose SharksABC News - 4d -
Kings blocking out noise, make loud statement in win over Celtics
The streaking Sacramento Kings have turned a new leaf, all thanks to interim head coach Doug Christie getting them to block out the noise on and off the court.Yahoo Sports - 4d -
Nick Suzuki scores in overtime to lift the Canadiens past the Capitals, 3-2
Nick Suzuki scored at 1:15 of overtime to give the surging Montreal Canadiens a 3-2 victory over the Washington Capitals on Friday nightABC News - 4d -
DC sues federal government over pollution in Anacostia River
The District of Columbia is suing the federal government over pollution in the Anacostia River, hoping it will lead to a cleanup of the urban waterwayABC News - 4d -
Alec Baldwin Sues New Mexico Prosecutors Over Dismissed ‘Rust’ Case
Lawyers for the actor accused law enforcement officials of waging a “malicious prosecution” against him after the 2021 shooting death of a cinematographer on a film set.The New York Times - 5d -
HELOC interest rates drop to 18-month low: Should you open one now?
HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.CBS News - 5d -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 6d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 6d -
Ryanair sues 'unruly' passenger over flight diversion
The airline hopes to claw back costs in damages over behaviour it says forced a plane to land early.BBC News - 6d -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - 6d -
Newcastle United stun Arsenal, win 2-0 in first leg of EFL Cup semifinals to put one foot in final
Newcastle have now won seven games in a rowCBS Sports - Jan. 7 -
CFPB sues Experian over "sham investigations" into consumer complaints
Experian accused of violating Fair Credit Reporting Act by reinserting disputed information back into credit reports.CBS News - Jan. 7 -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - Jan. 7 -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - Jan. 6 -
Mike Johnson lays out ambitious strategy to pass Trump's agenda in 'one big, beautiful bill'
Speaker Mike Johnson's plan to pass most of Donald Trump's agenda in one, big reconciliation bill faces major hurdles.NBC News - Jan. 6 -
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal consumer bureau claims Vanderbilt Mortgage, owned by Berkshire Hathaway, made loans to buyers of manufactured homes it knew could not repay them.The New York Times - Jan. 6 -
Sources: Mavericks' Irving out at least 1-2 weeks
Dallas Mavericks star Kyrie Irving has a bulging disk in his back and is expected to miss at least one to two weeks, sources told ESPN.ESPN - Jan. 6 -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
Dach, Caufield score in shootout to lift the Canadiens 2-1 over the Avalanche
Kirby Dach and Cole Caufield scored in the shootout, Jakub Dobes had 22 saves in regulation, and the Montreal Canadiens beat the Colorado Avalanche 2-1 on Saturday nightABC News - Jan. 4 -
With one top player out and another in a funk, UCLA falters late in loss to Nebraska
The absence of Eric Dailey Jr. coupled with Dylan Andrews' ongoing struggles dooms turnover-happy UCLA to a 66-58 road loss to Nebraska.Yahoo Sports - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3
