The U.S. government sued Walmart Tuesday (Dec. 22), claiming that the retail giant exacerbated the country’s opioid crisis by not sufficiently keeping watch for suspect prescriptions despite warnings by its own pharmacists about the problem, The Wall Street Journal reported. Get the Full Story Complete...
The U.S. Securities & Exchange Commission (SEC) has filed action against Ripple over allegedly conducting a $1.3 billion unregistered securities offering, Reuters reported on Tuesday (Dec. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.S. Federal Reserve ordered Credit Suisse to boost its anti-money laundering (AML) policies, citing shortcomings in its U.S. operations, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Robinhood CEO Vlad Tenev told CNBC on Monday (Dec. 21) that his company is focusing on compliance in the wake of a settlement with the U.S. Securities and Exchange Commission (SEC) over allegations that it misled investors. Get the Full Story Complete the form to...
Facebook and Google are facing an array of antitrust lawsuits along with investigations by regulators in the U.S. and in Europe. Google has been hit by an antitrust lawsuit filed by a coalition of 38 state attorneys general, for example, while Facebook faces an antitrust...
Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments in the U.S., the U.K. and Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Chinese officials may limit the number of financial institutions to which any single FinTech platform may connect, Reuters reported, citing coverage by state media. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Top Apple executive Craig Federighi, who oversees the iOS and macOS operating systems, has been ordered by a federal judge to testify in the lawsuit Epic Games brought against the Cupertino, California-based company, Apple Insider reported. Get the Full Story Complete the form to unlock...
The U.S. House and Senate passed an agreement Friday evening (Dec. 18) to postpone a government shutdown for 48 Hours as Capitol Hill lawmakers prepared to settle in for a working weekend in a bid to pass a COVID-19 stimulus bill. President Donald Trump later...