Venture Capital Firm

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 - Jan. 15

Private equity firm Providence weighs £1bn sale in latest events transaction

Company in early-stage deliberations over sale of CloserStill amid surging demand for conferences

Financial Times - Jan. 15

Here's where insurance firms see the most risk for disasters

In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...

NBC News - Jan. 14

Capital One Is Accused of Cheating Customers Out of $2 Billion

Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.

The New York Times - Jan. 14

KPMG readies challenge to US law firms

Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate America

Financial Times - Jan. 14

Sudan shelling kills more than 100 civilians near capital

Yahoo News - Jan. 14

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 - Jan. 14

Imec spins out Vertical Compute memory chip firm in $20.5M deal

Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.

VentureBeat - Jan. 14

How AI Triggered a Venture Capital Uptick in 2024

VC dealmaking is on the rise, but still well below peak levels in 2021.

Inc. - Jan. 14

Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm

The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.

CNBC - Jan. 13

GSK to buy US cancer drug firm IDRx for up to $1.15bn

Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...

The Guardian - Jan. 13

Bezos' space firm calls off debut launch of new rocket in final minutes of countdown

Blue Origin has called off the debut launch of its massive new rocket because of technical trouble

ABC News - Jan. 13

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 - Jan. 12

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 frontrunner

ABC News - Jan. 12

UK government to crack down on MPs earning extra cash from media firms

Jacob Rees-Mogg and Nigel Farage are among those who have earned large sums from broadcasters, but a tightening of rules on MPs’ outside interests is being considered. MPs would no longer be able ...

The Guardian - Jan. 12

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 4-1

ABC News - Jan. 11

Transfer rumors, news: Man City make firm move for Marmoush

Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.

ESPN - Jan. 11

AfD rejects involvement of Chinese firms in ports, digital networks

Yahoo News - Jan. 11

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 - Jan. 11

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 night

ABC News - Jan. 10

Disney’s streaming strategy gets more confusing as Venu Sports venture is axed

Analysts are split on whether Disney should move forward with plans to combine Hulu + Live TV and Fubo, following the cancellation of its sports joint venture with Fox and WBD.

MarketWatch - Jan. 10

Disney, Warner Bros., Fox kill streamed sports joint venture

Three of the nation's largest broadcast media companies have scrapped plans to launch a joint direct-to-consumer streaming platform for live sports, the group announced Friday. Warner Bros. ...

The Hill - Jan. 10

Starmer aide to receive dividends from corporate advisory firm Hakluyt

Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in July

Financial Times - Jan. 9

Why Milan looks like an art capital of the future

Gallerists and collectors are drawn by an impressive cultural heritage — and attractive tax arrangements

Financial Times - Jan. 9

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 - Jan. 9

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. - Jan. 8

Two men killed in shooting at German firm were brothers, police say

Yahoo News - Jan. 8

Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK

British presenter’s production company to acquire his ‘Uncensored’ show

Financial Times - Jan. 8

Bottom Line: Palantir taps Trump-tied firm as it chases government contracts

Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...

The Hill - Jan. 8

Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton

Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.

BBC News - Jan. 7

U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.

NBC News - Jan. 7

Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm

True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.

CNBC - 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.