By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Friday it had fined Utah-based Green Dot $44 million for numerous “unfair and deceptive” practices, as well as deficient risk management. The central bank said in a statement the firm, which issues prepaid debit cards, violated consumer law in marketing those products, as…
By Michelle Nichols UNITED NATIONS (Reuters) – The United States will give an extra $203 million to help millions of civilians affected by the war in Sudan, U.S. Ambassador to the United Nations Linda Thomas-Greenfield said on Thursday, calling on other nations to step up their aid. The funds, announced in a statement to Reuters…
By Milana Vinn and Anirban Sen (Reuters) – Smartsheet, a U.S. maker of workplace collaboration software with a market value of $6.3 billion, has tapped investment bankers after attracting acquisition interest from buyout firms, according to people familiar with the matter. The Bellevue, Washington-based company is working with Qatalyst Partners to review approaches from private…
MILWAUKEE (Reuters) – At the Republican National Convention in Milwaukee this week, a fashion trend with a difference has emerged — fake ear bandages, donned by attendees as a symbolic gesture of support for Donald Trump. Trump has appeared at the convention wearing a large bandage where a would-be assassin’s bullet grazed his right ear…
By Nate Raymond (Reuters) -A federal appeals court on Thursday blocked President Joe Biden’s administration from continuing to implement a new student debt relief plan designed to lower monthly payments for millions of Americans. The St. Louis-based 8th U.S. Circuit Court of Appeals granted a request by seven Republican-led states to put on hold parts…
By Gram Slattery WASHINGTON (Reuters) – Republican former President Donald Trump is planning to fundamentally alter the U.S. relationship with NATO should he win a second four-year term in office. On the campaign trail, he has also floated sending armed forces into Mexico to battle drug cartels and slapping expansive tariffs on friends and foes…
By Amy-Jo Crowley and Oliver Hirt LONDON (Reuters) – Apax Partners, Bain Capital and CVC are each exploring potential bids for SoftwareOne, two people with knowledge of the situation said, three months after the ouster of the Swiss software company’s board. Talks with interested funds are ongoing, one of the people said. Four sources mentioned…
(Reuters) – Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day in the United States, according to a report from Adobe Analytics on Wednesday. Major retailers including Walmart and Target have launched deals and shopping events through July to attract customers by offering deep discounts to compete with…
WASHINGTON (Reuters) – The U.S. has imposed visa restrictions against a former Israeli military sergeant for his alleged involvement in gross violations of human rights in the occupied West Bank, including an extrajudicial killing, the State Department said on Wednesday. As a result of the restrictions, Sergeant Elor Azaria “and any immediate family members are…
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge rejected Build-A-Bear Workshop’s effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs of Squishmallows, the popular plush toys made by a unit of Warren Buffett’s Berkshire Hathaway. In a decision on Monday, U.S. District Judge Josephine Staton in Los Angeles…
