The Walt Disney Company’s box office domination continued over the holiday weekend. “Moana 2” topped $1 billion during the Martin Luther King Jr. Day weekend, becoming the studio’s third 2024 release…
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Editor’s Pick
Editor's Pick
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
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Bank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was…
President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead…
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DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions
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The Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until the present “knowingly” filled those prescriptions, which “lacked…
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Capital One outage drags into Friday afternoon, leaving some customers without deposit access
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An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In an afternoon statement, the bank said it…
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Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
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The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition. Walmart is the unnamed…
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Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
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Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations…
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FDA officially authorizes Zyn nicotine pouches for sale following health review
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The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In a release Thursday, the agency said it…
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call since the fatal shooting of UnitedHealth executive…
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Investors pitch new international basketball league that would offer players equity
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A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players…