Business
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The...
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DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions
The Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August...
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American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations...
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Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed...
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Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds,...
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Investors pitch new international basketball league that would offer players equity
A group of high powered investors want to raise billions to form a new international basketball league, according to people...
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FDA officially authorizes Zyn nicotine pouches for sale following health review
The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about...
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UnitedHealth CEO says U.S. health system ‘needs to function better’
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s...
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Capital One outage drags into Friday afternoon, leaving some customers without deposit access
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments...
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Capital One acknowledges ‘outage’ as users report issues accessing deposits
Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits....
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