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    Capital One outage drags into Friday afternoon, leaving some customers without deposit access

    • January 18, 2025
    An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In an afternoon statement, the bank said it…
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    Vanguard fined more than $100 million by SEC over violations involving target date retirement funds

    • January 17, 2025
    Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations…
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    Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing

    • January 17, 2025
    The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition. Walmart is the unnamed…
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    UnitedHealth CEO says U.S. health system ‘needs to function better’

    • January 17, 2025
    The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call since the fatal shooting of UnitedHealth executive…
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    FDA officially authorizes Zyn nicotine pouches for sale following health review

    • January 17, 2025
    The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In a release Thursday, the agency said it…
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    Investors pitch new international basketball league that would offer players equity

    • January 17, 2025
    A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players…
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    American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

    • January 17, 2025
    American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing, the company said Thursday. The tally includes…
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    Target says its holiday sales were better than expected — but its profits weren’t

    • January 16, 2025
    Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now…
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    Capital One acknowledges ‘outage’ as users report issues accessing deposits

    • January 16, 2025
    Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to complaints on social media platform X, a…
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    Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

    • January 16, 2025
    This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and retirement benefits.…
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      Popular Topics
      • Fortnite applies to launch on Apple’s App Store after Epic Games court win
      • Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list
      • Trump’s ‘Art of the Deal’ diplomacy just delivered a global win—without a shot fired
      • Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions
      • ‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election
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