Latest in Banks Sue
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Turkey's central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in nearly two years as it tries to control soaring inflationABC News - 25m -
Justin Baldoni’s Ex-Publicist Sues Over Alleged Blake Lively Smear Campaign
An ousted P.R. executive alleges a conspiracy to harm her and steal her clients, in connection with an effort to tarnish Blake Lively.The New York Times - 1d -
Biggest banks sue the Federal Reserve over annual stress tests
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests, saying the current process falls short.CNBC - 1d -
CFPB Sues Rocket Homes Over Alleged Kickbacks
The lawsuit alleged that the real-estate company provided incentives to brokers and agents to steer home buyers to its parent company’s mortgage-lending wing, Rocket Mortgage.The Wall Street Journal - 2d -
As Blake Lively sues 'It Ends With Us' co-star Justin Baldoni, collaborators take her side
Stars including America Ferrera and Amber Heard speak out after Blake Lively sues 'It Ends With Us' director Justin Baldoni for sexual harassmentLos Angeles Times - 2d -
U.S. sues Walmart, Branch Messenger over payment accounts for delivery drivers
The CFPB filed a complaint Monday against Walmart and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts to get paid.CNBC - 2d -
CFPB Sues Walmart for Pay Practices for 'Last-Mile' Drivers
The lawsuit alleges that Walmart deposited drivers’ pay into accounts with payment platform Branch Messenger without the drivers’ consent.The Wall Street Journal - 2d -
How Google Maps Makes It Harder for Palestinians to Navigate the West Bank
One user told WIRED that Google Maps directed them to “drive right into a wall that’s been up since 2003.”Wired - 2d -
Texas sues NCAA in latest push to block transgender athletes in women's sports
Texas Attorney General Ken Paxton has sued the NCAA to block the participation of transgender athletes in women’s sports, arguing that it tricks and misleads fansABC News - 2d -
World Bank lifts China growth forecast but calls for deeper reforms
Multilateral lender says greater detail of policies is needed to bolster household and business confidenceFinancial Times - 7h -
Justin Baldoni's ex-publicist sues him and his PR team following Blake Lively's complaint
A former publicist for Justin Baldoni alleges his current PR team conspired to harm her and steal her clients, in conjunction with their efforts to allegedly launch a “smear campaign” against Blake ...NBC News - 1d -
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Trade groups representing the largest U.S. banks on Tuesday filed suit in federal court to force more transparency in the U.S. Federal Reserve’s bank stress tests imposed after the 2008 global ...MarketWatch - 1d -
US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinationsFinancial Times - 1d -
Texas AG sues NCAA over transgender athletes
Texas has sued the NCAA to stop transgender athletes from competing in women's sports across the state or in sports that involve Texas programs.ESPN - 2d -
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatilityFinancial Times - 2d -
Consumer protection board sues Walmart and fintech firm over gig-worker driver pay access
The Consumer Financial Protection Bureau is suing Walmart and a financial technology firm, alleging they illegally forced drivers into using costly deposit accounts to receive their pay.NBC News - 2d -
Texas attorney general sues NCAA over transgender athletes competing in women's sports
Texas Attorney General Ken Paxton is suing the NCAA, accusing the association of misleading fans by allowing transgender athletes to participate in women’s events.NBC News - 2d -
Texas AG Paxton sues NCAA for allowing transgender women to compete
Texas Attorney General Ken Paxton (R) sued the NCAA on Sunday, accusing the organization of engaging in “false, deceptive, and misleading practices” by allowing transgender women to participate in ...The Hill - 2d