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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 -
How AI Triggered a Venture Capital Uptick in 2024
VC dealmaking is on the rise, but still well below peak levels in 2021.Inc. - 1d -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - 11h -
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 -
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OpenAI outlines proposals to bolster national security, drive economic growth
OpenAI laid out a series of new artificial intelligence (AI) policy proposals Monday, encouraging U.S. development of the emerging technology to stay ahead of China while minimizing its risks. "As ...The Hill - 1d -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - 1d -
Apple asks investors to block proposal to scrap diversity programmes
Conservative thinktank wants firm to end its DEI efforts because they create ‘litigation, reputational and financial risks’. Business live – latest updates Apple has asked shareholders to vote ...The Guardian - 1d -
Biden administration proposes new restrictions on AI chip exports
The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."CBS News - 1d -
The Guardian view on capital punishment: an upsurge in executions should concern us all | Editorial
The vast majority of countries have outlawed the death penalty. Yet the annual toll is growing – and Donald Trump wants to increase its use. The good news: Zimbabwe has just banned the death ...The Guardian - 2d -
Tens of thousands protest in Romania’s capital against annulled presidential race
Tens of thousands protested in Romania’s capital against a top court’s decision last month to annul the presidential election after an outsider candidate unexpectedly emerged as the frontrunnerABC News - 2d -
Ovechkin scores 873rd career goal, Frank gets 1st as Capitals beat Predators 4-1
Alex Ovechkin had a goal and an assist, Ethen Frank got his first NHL goal and the Washington Capitals beat the Nashville Predators 4-1ABC News - 3d -
Wall Street looks forward to a bonfire of capital and climate rules under Trump
Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...The Guardian - 3d -
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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 -
Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order, ...The Hill - 4d -
The 20 child abuse inquiry proposals - what has happened so far?
A seven-year inquiry into the sexual abuse of children was published in 2022 - what has happened since?BBC News - 5d -
Canada on Trump's Proposed Union: Thanks, but Let's Just Be Friends
The president-elect’s comments about the U.S. annexing its northern neighbor were rejected by Canadians of all political stripes.The Wall Street Journal - 5d -
Why Milan looks like an art capital of the future
Gallerists and collectors are drawn by an impressive cultural heritage — and attractive tax arrangementsFinancial Times - 6d -
Chadian government plays down gunshots in capital
According to an unconfirmed report, 19 people were killed in an incident near the presidential palace.BBC News - 6d -
How Service-Based Businesses Can Use Tech Strategies to Unlock Growth Capital
Should you spin off a tech venture, or use tech to enhance your existing business?Inc. - 6d -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 6d -
White House readies nicotine proposal in administration's final days
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story FDA rule to lower nicotine levels closes in on finish line The Food and Drug Administration is poised to try ...The Hill - Jan. 7 -
Meta proposes new scalable memory layers that improve knowledge, reduce hallucinations
According to Meta, memory layers may be the the answer to LLM hallucinations as they don't require huge compute resources at inference time.VentureBeat - Jan. 7 -
First commercial flight since the fall of Assad lands in Syria’s capital
The first international commercial flight since the fall of former Syrian President Bashar Assad landed Tuesday at the Damascus airport, arriving from Qatar.NBC News - Jan. 7 -
First commercial flight since the fall of Assad lands in Syria's capital
The first international commercial flight since the fall of former Syrian President Bashar Assad has landed Tuesday at the Damascus airport arriving from QatarABC News - Jan. 7 -
How Nato will hold European capitals to higher defence spending promises
Also in this newsletter: The countries breaking EU law by ignoring green deadlinesFinancial Times - 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 -
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Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6 -
President Joe Biden signs RFK Stadium bill into law, paving way for Commanders' return to nation's capital
The franchise could soon be returning to familiar groundsCBS Sports - Jan. 6 -
Schiff: Trump’s proposed January 6 pardons would 'send a terrible message about our democracy'
Sen. Adam Schiff (D-Calif.) joins Meet the Press to talk about the anniversary of January 6 and President-elect Trump’s plans to pardon those involved with the attack, calling it “the wrong way to ...NBC News - Jan. 5 -
Alex Ovechkin scores his 872nd career goal as the Capitals beat the struggling Rangers 7-4
Alex Ovechkin scored his 872nd career goal to move 23 away from breaking Wayne Gretzky’s NHL record, and the Washington Capitals beat the struggling New York Rangers 7-4ABC News - Jan. 4 -
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.CBS News - Jan. 3 -
To conserve or cull? Life in Australia's crocodile capital
The Northern Territory is home to over 100,000 saltwater crocodiles, but not everyone wants them there.BBC News - Jan. 3 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1