Britain will soon lay out new plans to regulate ‘buy now, pay later’ firms like Klarna after delays
Britain’s new Labour government will soon set out updated plans to regulate the “buy now, pay later” industry, a government…
SEC sues Trump Media SPAC ex-CEO Patrick Orlando for alleged fraud
The U.S. Securities and Exchange Commission sued the former CEO of the blank-check company that merged with Trump Media, accusing…
Supreme Court curbs SEC powers to enforce securities laws
WASHINGTON — Liberal Justice Sonia Sotomayor accused the Supreme Court’s conservative majority of seizing power for itself as it curbs…
DOJ settles CityMD Covid fraud allegations for $12 million
Walgreens-backed CityMD will pay $12.04 million to settle Covid fraud allegations brought by the Department of Justice, the department announced…
FTC prepares to sue largest U.S. alcohol distributor, alleging ‘secret kickbacks’
The Federal Trade Commission is preparing an antitrust lawsuit against the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits,…
Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags
Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway…
CFPB says buy now, pay later firms must comply with U.S. credit card laws
The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the…
CFPB rule to save Americans $10 billion a year in late fees faces possible last-minute freeze
A Consumer Financial Protection Bureau regulation that promised to save Americans billions of dollars in late fees on credit cards…
U.S. Chamber of Commerce, business groups sue FTC over ban on noncompete clauses
The U.S. Chamber of Commerce and several other business groups on Wednesday sued the Federal Trade Commission in Texas federal…
FTC votes to ban noncompete clauses that bar employees from working for competitors
The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent…
