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Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez are the latest Democrats to call on the administration to place a moratorium on mergers and acquisitions (M&As) during the COVID-19 crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.S. lawmakers are up in arms over accusations that Amazon abuses its position as an online platform by producing copycat products, which then compete against the sellers who offer their own products on the eCommerce giant’s site. Get the Full Story Complete the form to...
The Federal Reserve Board has eliminated its six-per-month limit on transfers and withdrawals from savings accounts as the nation continues to adapt to changes caused by COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
With a move that could stop their American operations, the U.S. Federal Communications Commission (FCC) produced show cause orders for three Chinese communication companies. The firms are China Unicom Americas, China Telecom Americas, Pacific Networks Corp and its subsidiary ComNet (USA) LLC, Reuters reported. Get the...
Ripple announced on Tuesday (April 21) that it is filing a lawsuit against YouTube, alleging that the popular video platform isn’t doing its due diligence to identify and remove crypto-related scams, according to a company blog post. Get the Full Story Complete the form to...
Progressive Leasing will pay $175 million to settle charges with the Federal Trade Commission (FTC) that its policies were misleading to customers, according to an April 20 release by the FTC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Separate class-action lawsuits were filed against Wells Fargo, Frost Bank, JPMorgan Chase, US Bancorp and Bank of America, alleging that the financial institutions (FIs) unlawfully prioritized their own business customers when processing coronavirus stimulus loans from the government’s Paycheck Protection Program (PPP). Get the Full...
A Rhode Island company is facing allegations of falsely claiming to be an authorized lender for the Small Business Association’s (SBA) Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...