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Google and the European Union are on a collision course over the search giant’s allegedly monopolistic tendencies. And while Google has faced similar complaints – and been investigated – in the U.S. for violating antitrust violations, it seems the E.U. is more inclined to pummel...
With the filing of an F-1 document with the SEC, Shopify has announced its intention to pursue an IPO and begin selling shares on the open market. That decision seems to come on the strength of declining losses in Q1 2015. Shopify – which provides subscription...
A former H&R Block tax preparer and a refund-anticipation loan company in New Mexico that allegedly cheated poor Navajo residents out of a quarter-million dollars are being sued by the U.S. Consumer Financial Protection Bureau and the Navajo Nation, the CFPB announced on Tuesday (April...
GE Capital will sell off about $275 billion in assets over the next two years in an effort to get rid of its designation as a Systemically Important Financial Institution (SIFI), GE announced on Friday (April 10). Get the Full Story Complete the form to...
PayPal is in settlement talks with the Consumer Financial Protection Bureau (CFPB) in the run-up to its split from eBay, the company said in a filing last week with the U.S. Securities and Exchange Commission (SEC) on Thursday (April 9). Get the Full Story Complete...
Citi Chief Economist Willem Buiter is arguing that cash should be outlawed, so central banks will be able to reduce interest rates below zero in times of crisis, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy...
As lawmakers in the U.K. consider cracking down on the recent practice by big companies of waiting 90 to 120 days to pay smaller suppliers, it turns out the practice has quietly spread to U.S. manufacturers as well, according to The New York Times. Get...
A group lobbying to replace Andrew Jackson with a woman on the $20 bill has unveiled its Final Four: former first lady Eleanor Roosevelt, abolitionist Harriet Tubman, civil rights activist Rosa Parks, and Wilma Mankiller, the first woman elected chief of a major Native American...
