News Nordea Risks Money Laundering Fine Near $1 Billion, Experts Say July 12, 2024 Nordea Bank could face an estimated maximum fine of almost $1 billion over alleged failures to stop money laundering if... Read More
News SpaceX Wins Block on U.S. Labor Board Case Over Severance Agreements July 12, 2024 A federal judge in Texas said on Wednesday he would block the National Labor Relations Board from pursuing claims that... Read More
News Citi Fined $136 Million for Failing to Fix Regulatory Issues July 12, 2024 Citigroup Inc. will pay almost $136 million in fines to US bank regulators over issues related to data-quality management and... Read More
News Biden Administration Raises FEMA Bar for Flood Resilience July 11, 2024 The US Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only... Read More
Editor's Picks News Damage From Hurricane Beryl May Cost Insurers $2.7B in U.S., Modeler Says July 11, 2024 Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe... Read More
News Microsoft in $22M Deal to Settle Cloud Complaint, Ward off Regulators July 11, 2024 Microsoft has clinched a 20-million-euro ($21.7 million) deal to settle an antitrust complaint about its cloud computing licensing practices, averting... Read More
News Hurricane Risk Prompts a Caribbean Bank to Disaster-Proof Its Finances July 11, 2024 Hurricane Beryl ripped through the Caribbean last week, leaving small island governments rushing to find funds for the billions of... Read More
News FTC Preparing Suit Against Drug Middlemen Over Insulin Rebates July 11, 2024 The US Federal Trade Commission is preparing a lawsuit against the three largest drug middlemen over their use of rebates... Read More
News Vitol, SK Settle California Fuel Rigging Probe for $50 Million July 11, 2024 California’s attorney general said it reached a $50 million settlement with commodity traders Vitol and SK Energy Americas Inc. after... Read More
News BMW to Recall More Than 390,000 Vehicles in U.S. Over Faulty Airbag Inflators July 11, 2024 German carmaker BMW is recalling more than 390,000 vehicles in the United States due to faulty airbag inflators that could... Read More