The creation of billions of dollars of digital wealth for the Trump Organization started with a social media post Friday. At 9:44 p.m.…
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Business
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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…
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Business
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
by adminBank 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…
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President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a…
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Business
DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions
by adminThe 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…
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Business
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
by adminAmerican Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing,…
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Business
Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
by adminThe 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…
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Business
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
by adminAsset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and…
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Business
Investors pitch new international basketball league that would offer players equity
by adminA group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the…
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Business
Capital One outage drags into Friday afternoon, leaving some customers without deposit access
by adminAn outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits, payments and transfers. In…