The decision by President Donald Trump to block a Chinese fund’s takeover attempt of a U.S. semiconductor company may presage further vetoes of cross-border deals involving Chinese buyouts of stateside entities. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. senators are calling for a federal investigation into the sale of nearly $2 million in shares of Equifax by company executives after its massive data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Yelp, the online reviews company, is reportedly claiming that Google is going back on a promise made as part of a settlement over tech regulation back into 2012, in which Google said it wouldn’t use content from third-party websites without their permission. Get the Full...
The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups. The company has also admitted to separately omitting material information about its platform for trading U.S....
Uber is the focus of a federal investigation in New York as authorities determine whether the ridesharing company used software to interfere illegally with its competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Wells Fargo saw a federal appeals court Thursday (Sept. 7) order a federal district judge to take another look at a whistleblower lawsuit lodged against the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
DraftKings and FanDuel will pay a combined $2.6 million as a settlement for unfair and deceptive practices affecting fantasy sports consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A Nevada homeowner has filed a lawsuit accusing Wells Fargo & Co of improperly forcing thousands of U.S. customers to lock in home interest rates when their mortgage applications were delayed. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state and federal laws at its only U.S. branch. Get the Full Story Complete the form to unlock this article and...