Latest in Company Caught Impersonating Joe Biden With AI Calls to Pay $1 Million Fine
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Archdiocese of Los Angeles Agrees to Pay $880 Million to Settle Sex Abuse Claims
The settlement is the highest single payout by an archdiocese, experts said, and brings Los Angeles’s cumulative payout in sex abuse lawsuits to more than $1.5 billion.Top stories - The New York Times - October 17 -
Catholic Archdiocese of Los Angeles to pay $880 million to settle over 1,300 sexual abuse claims
The Catholic Archdiocese of Los Angeles will pay $880 million to settle sexual abuse claims made by more than 1,300 alleged victims dating back to the 1940s. CBS News legal contributor Jessica ...Top stories - CBS News - October 17 -
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.Top stories - CBS News - October 23 -
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 -
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' transactionTech - ABC News - October 23 -
Operator of ship in Baltimore bridge collapse will pay $100 million settlement, DOJ says
Nearly seven months after the Francis Scott Key Bridge in Maryland was struck by a shipping vessel and collapsed, the U.S.Top stories - NBC News - October 24 -
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 -
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 -
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.Business - CNBC - November 1 -
Bengals vs. Giants score: Cincinnati wins ugly 17-7 defensive slugfest at the Meadowlands on Sunday Night Football
Neither offense played well, but the Bengals' run game did just enough for the win.Sports - Yahoo Sports - October 13 -
Joe Rogan calls on Trump ‘to unite everybody’ after victory
Podcaster Joe Rogan called on President-elect Trump to "unite people," saying that the Republican should "not attack" the left or right. "He’s got to unite people. He’s got to not attack the left, ...Politics - The Hill - Yesterday -
China's Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says
Catherine Fang, president of Hisense International, spoke with CNBC in an exclusive interview Monday.Business - CNBC - 4 days ago -
CEO of Europe defense company says region faces ‘wake-up call’ to boost spending
Countries have to start building capabilities and replenish stockpiles, said CEO of Swedish defense contractor Saab.Business - MarketWatch - October 22 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Haley: Election should be wake-up call for 'woke' companies, government, Democrats and Republicans
Former Republican White House candidate Nikki Haley argued the results of this week's election — in which her former primary rival, President-elect Trump, defeated Vice President Harris — should be ...Politics - The Hill - 2 days ago -
Biden admin to provide $750 million to North Carolina-based Wolfspeed for advanced computer chips
The Biden-Harris administration announced plans to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory in North Carolina that makes ...Tech - ABC News - October 15 -
4.8M borrowers, including 1M in public service, have had student debt forgiven, Biden admin says
The Biden administration announced it has provided student debt relief to more than 1 million borrowers who work in public service and 4.8 million borrowers in total.Top stories - NBC News - October 17 -
Biden’s Student Loan Forgiveness Program Has Canceled Debt for Over One Million People
An effort to revive and maximize use of the Public Service Loan Forgiveness program has resulted in student loan forgiveness for over one million people.Top stories - The New York Times - October 17 -
Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.Business - CNBC - October 21 -
Biden administration to award nearly $250 million to develop 30,000 affordable housing units
The effort comes as the federal government seeks to rein in high housing prices ahead of the presidential election in November.Business - MarketWatch - October 23 -
8 million student loan borrowers would qualify for relief under Biden 'hardship' rules
The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...Politics - The Hill - October 25 -
US election briefing: Trump on track to win popular vote as millions of Biden voters desert Harris
Donald Trump is set to equal his vote total from the 2020 US presidential election, but Kamala Harris will fall far short of the 81 million who voted for Biden. US election results 2024: live map ...World - The Guardian - 2 days ago -
‘It’s shameful and I won’t pay it’: flood-hit Italians rage against insurance call
The destruction in northern Italy has ignited debate in a country where just 6% of homes are insured against natural disaster. It was 2am when the parish priest, Giovanni Samorì, was woken by a ...World - The Guardian - October 17 -
Strella raises $4 million to automate market research with AI-powered customer interviews
Strella, an AI-powered market research startup, raises $4 million in seed funding to automate and accelerate customer insights, delivering results 10x faster and at half the cost of traditional ...Tech - VentureBeat - October 15 -
LinkedIn says it has verified 55 million users in effort to combat AI's spread of scams, misinformation
LinkedIn is trying to thwart the spread of misinformation fueled by the rise of artificial intelligence by verifying users — more than 55 million so far.Business - CNBC - October 25 -
Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space
The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.Business - Inc. - October 25 -
This Robotics AI ‘Brain’ Startup Just Raised $400 Million From Jeff Bezos, OpenAI, and Others
Physical Intelligence, now valued at about $2 billion, aims to create AI models that can power robots.Business - Inc. - 5 days ago