CFPB sues America’s largest banks for ‘allowing fraud to fester’ on Zelle
The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of…
Top liquor distributor favored Costco and Kroger over small businesses, FTC says
The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits…
Star real estate agents Alexander brothers arrested in Miami after sex assault claims
Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens…
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General is testing same-day delivery to customers’ homes as the deep discounter tries to fend…
Court rejects Boeing plea deal tied to 737 Max crashes
A federal judge rejected Boeing’s plea deal tied to a criminal fraud charge stemming from fatal crashes of its 737…
FTC opens broad antitrust investigation into Microsoft
The U.S. Federal Trade Commission has opened a broad antitrust investigation into Microsoft, including of…
Drone company’s stock soars after it appoints Donald Trump Jr. to advisory board
Shares in a little-known drone company soared Wednesday after it announced that Donald Trump Jr.…
Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence…
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced…
GM lays off 1,000 employees amid reorganization and cost-cutting
DETROIT — General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut…