Tag: pay
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CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. Tech giants and payments firms that handle at least 50 million transactions annually will fall under the review, which is meant to ensure the newer entrants adhere to the…
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Operator of ship in Baltimore bridge collapse will pay $100 million settlement, DOJ says
Nearly seven months after the Francis Scott Key Bridge in Maryland was struck by a shipping vessel and collapsed, the U.S. Justice Department have reached a settlement of more than $100 million with the companies that owned and operated the vessel, the Dali. Grace Ocean Private Limited and Synergy Marine Private Limited have agreed to…
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Van Halen reunion canceled after David Lee Roth refused to pay tribute to the late Eddie Van Halen, brother says
A reunion tour for the legendary rock band Van Halen was axed because the group’s lead singer, David Lee Roth, refused to pay tribute to the late Eddie Van Halen, his brother Alex Van Halen revealed in a new interview with Rolling Stone. Alex Van Halen, who founded the band with his brother, opened up…
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Lilly Ledbetter, equal pay and women’s rights activist, dies at 86
Women’s rights activist Lilly Ledbetter has died, according to a family representative. She was 86. Ledbetter, best known for advocating for equal pay for women, died as a result of respiratory failure on Saturday night. She was in Alabama, where she was born and raised. “She was surrounded by her family and loved ones,” her…
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TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
TD Bank pleaded guilty Thursday in a criminal money laundering case and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and federal financial regulators for failing to monitor money laundering by drug cartels. As part of the deal, TD Bank, whose U.S. unit is the 10th-largest American bank by assets, is…
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Australian court upholds order for Musk’s X to pay fine over anti-child abuse inquiry
SYDNEY, Australia — A court in Australia upheld an order on Friday for Elon Musk’s X to pay a fine of 610,500 Australian dollars ($418,000) for failing to cooperate with a regulator’s request for information about anti-child-abuse practices. X had challenged the fine, but the Federal Court of Australia ruled that it was obliged to…
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Israel vows Iran ‘will pay’ for missile attack, sends more troops into Lebanon
Share Iran says any Israeli retaliation will face ‘even tougher response’ Iran has “no intention of continuing” its strikes, foreign minister Abbas Aragchi said today, according to the semi-official Tasnim news agency, adding that its strikes on Israel last night were “a legitimate defensive right.” “Any new move by the regime or its supporters will face…
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Colorado to pay web designer’s legal fees after losing LGBTQ anti-bias law case
The state of Colorado has agreed to pay more than $1.5 million in legal fees to a web designer who won a U.S. Supreme Court ruling last year that found the right to free speech allows some businesses to refuse to provide services for same-sex weddings. Colorado and web designer Lorie Smith’s lawyers at conservative…
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FBI to pay $22 million to settle claims of sexual discrimination at training academy
The FBI has agreed to pay more than $22 million to settle a class-action lawsuit alleging female recruits were singled out for dismissal in training and routinely harassed by instructors with sexually charged comments about their breast size, false allegations of infidelity and the need to take contraception “to control their moods.” The payout to…
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TikTok users pay it forward to moms in new trend
To some, a purse with its tags still on in an aisle where it may not belong looks like a piece of discarded inventory. But when shopper DeNaesha Gonzalez spotted a new, shiny, unpurchased silver purse at Target — shoved between items like kid’s Tylenol and baby lotion — she saw it as a symbol of something…