The House Judiciary Committee passed a bill that would effectively make marijuana legal, the National Cannabis Industry Association (NCIA) announced in a press release on Wednesday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Central Bank (ECB), the main banking regulator in Europe, has revealed that Malta’s biggest bank failed for years to detect or address thousands of payments that may have been involved in money laundering or other illegal activities. Get the Full Story Complete the...
BB&T and SunTrust have announced that they have received regulatory approval to complete their merger to become Truist Financial Corporation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For Big Tech: More investigations, and broader ones, too. On a number of fronts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Sources have told Reuters that WeWork is under investigation by the New York State Attorney General (NYAG). While a spokesman for the NYAG declined to comment, WeWork confirmed that it had been contacted by the office of the NYAG Letitia James. Get the Full Story...
The U.S. Department of Justice (DOJ) will request the end of a ban that prohibits Hollywood studios from owning movie theaters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
To potentially challenge companies such as Facebook and Google on multiple fronts, the Department of Justice (DOJ) could go beyond looking into potential antitrust violations, per comments made by Deputy Attorney General Jeffrey A. Rosen. The DOJ has been involved in an in-depth antitrust review,...
Chairman Joe Simons of the Federal Trade Commission (FTC) said on Monday (Nov. 18) that there were multiple ongoing investigations into Big Tech companies like Google, Amazon and Apple regarding their conduct on antitrust and merger issues, according to Reuters. The FTC had previously announced an...
As politicians and regulators up their pressure on so-called Big Tech in the U.S., it can be difficult to see where all that effort will lead, especially given the timetable for antitrust actions at the federal level. That was one message on Monday (Nov. 18)...
