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...The Consumer Financial Protection Bureau is proposing to cap overdraft fees at as low as $3, potentially saving consumers billions of dollars a year and stepping up US President Joe Biden’s war on so-called...
...“This action is the first in an ongoing collaborative effort with the US Department of Justice, Federal Bureau of Investigation, and our international partners targeting LockBit,” the Treasury said....
...The focus of EU regulators is on Apple’s control of its App Store, which netted the company some $27bn in commission fees in 2023 alone, according to Sensor Tower estimates....
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
...Ballast for the theory comes from a National Bureau of Economic Research paper....
...the company’s accounts....
...Mohammed Zubair, a prominent online fact-checker and co-founder of the website AltNews said in a post on Monday that “a lot of X accounts critical of BJP Govt” or covering the farmers’ march had “either...
...Argentina has refinanced 42.6tn pesos ($50.3bn) worth of sovereign debt in a record bond swap that should relieve pressure on public accounts and ease the path for lifting currency controls later this year...
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...Fixed-asset investment in “high-tech manufacturing” rose 10 per cent year on year in January and February, the National Bureau of Statistics said....
...Yet a near-miss at Bordeaux-Mérignac airport, outlined in a report by France’s aviation accidents bureau last month, highlights the urgent need for modernisation of air traffic control systems....
...TikTok told the regulator that the number of underage accounts removed between June 2022 and March 2023 was about 1 per cent of its UK monthly active user base....
...Sales, which include spending on food and petrol, increased 0.6 per cent, the Census Bureau said....
...Henry Liu, director of the FTC’s competition bureau, said Tapestry had the goal of becoming a “serial acquirer” and that its push to buy Capri would “further entrench its stronghold in the fashion industry...
...The decision applies to the largest issuers in the sector, which represent over 1mn open accounts and more than 95 per cent of total outstanding credit card balances, according to the agency....
...They’ve not been in the classified briefings that Congress has held, which have delved more deeply into some of the threat posed by foreign control of TikTok.”...
...The company’s enterprise value is now $7bn, with a net debt balance of $3bn and more than $300mn of annual interest expense....
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...Spinach for Chinese kids, fentanyl — another chief export of China’s — for ours. Worse still, TikTok is a programmable fentanyl whose effects are under the control of the CCP....
...New York Community Bancorp shares shed a quarter of their value on Friday after the regional lender disclosed it had replaced its chief executive and identified “material weaknesses” in internal controls...
...The Archbishop of Canterbury doesn’t have an account but a video of him saying “Oh God” at the funeral of the late Queen has been viewed millions of times....
...Redstone in 2020 inherited control of the entertainment conglomerate that her late father, Sumner Redstone, built over the past century....
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...Samsung and SK operate their own memory chip plants in China, which account for about half of their production capacity....
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