Intellectual property laws are a double-edged sword, at best. At worst, they end up accomplishing the exact opposite of the intent - solidifying power and market share in the hands of monopolies with the most…
Bank Announces End to Overdraft Fees
The holidays came early for Capital One customers, with the bank announcing it will eliminate all overdraft fees and bring "humanity" back to banking. "The bank account is a cornerstone of a person's financial life,"…
Merrick Garland, Barack Obama, Joe Biden via White House Flickr
Justice Department Intervenes to Stop Merger
The Department of Justice (DOJ) on Tuesday filed a major antitrust lawsuit seeking to block a proposed merger of the publishing giants Penguin Random House and Simon & Schuster. Attorney General Merrick Garland said that the suit…
United Airlines Employees Sue Over Vax Mandate
FIRST ON FOX: United Airlines employees have filed a lawsuit against the airline over its coronavirus vaccine mandate. United in August said that more than half of its 67,000 U.S.-based employees who weren't vaccinated in August would be required to get the vaccine…
Lululemon stock poised for record as more than…
Lululemon Athletica Inc. shares rallied in the extended session Wednesday and could break records on Thursday after the athleisure-apparel maker blew past Wall Street estimates for the quarter and hiked its full-year forecast by a…
Biden pitches spending plan, declares ‘climate crisis is…
President Biden on Thursday, in laying out his administration’s response efforts to Hurricane Ida and wildfires in California, declared that the "climate crisis is here," while pushing Congress to take action in his government spending plan. During remarks…
Ildar Sagdejev Via (https://creativecommons.org/licenses/by-sa/4.0/) Wikipedia Commons
Wells Fargo Scandal Restitution in Hot Water
Five years into scandals that have already cost Wells Fargo & Co. more than $5 billion in fines and legal settlements, regulators are privately signaling they’re still not satisfied with the bank’s progress in compensating victims and…
Photo via Wikimedia Commons
Infamous Fraud of Elizabeth Holmes Begins Trial
Holmes, now 37 years old, faces a total of 12 charges—two counts of conspiracy to commit wire fraud and 10 counts of wire fraud—for allegedly engaging in a multi-million dollar fraud scheme alongside Theranos’ former…