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Saturday, April 21, 2018

Bitcoin Records Worst Quarterly Performance, Market Cap Down $177 Billion

Bitcoin experienced the worst quarterly performance ever as its price continues to decline. The cryptocurrency traded below $7,000 on Thursday. Data from CoinDesk Price Index...

Trump Reportedly Wants To Go After Amazon Tax Treatment; AMZN Stock Falls

President Donald Trump has long been a strong critic of Amazon.com (NASDAQ: AMZN). He believes that the e-commerce giant is hurting retailers across the...
Bank of America Merrill Lynch

Bank of America Merrill Lynch Settles Probe into its Electronic Trading Services for $42M

Bank of America Merrill Lynch reached an agreement with the New York Attorney General’s Office to settle the investigation into its electronic trading services. Under...
UBS settles New York AG Investigation into Mortgage Securities for $230M

UBS Settles New York AG Probe into Mortgage Securities for $230M

UBS agreed to pay $230 million to settle the investigation of the New York Attorney General’s Office into its marketing and issuance of residential...
California

California Tells Insurance Companies to Pass Tax Savings to Policyholders

The California Department of Insurance sent a notice to insurers reminding them to follow Proposition 103. The department told insurance companies to pass tax...

Most Americans Save Little to No Money

A CNBC report recently disclosed dismal financial news regarding most Americans. Americans and Saving Money Unfortunately, the recent economic gains are not prompting the majority of...

Cryptocurrency Market Cap Drops More Than $60B; Bitcoin Sell-Off Continues

The cryptocurrency market value declined more than $60 billion in 24 hours as the sell-off of bitcoin and other major digital currencies continues. Early morning...

Nectar Brand LLC Settles False Claims That Products Are Made in USA

California company Nectar Brand, LLC settled claims levied by the FTC over their mattresses. Nectar Brand, LLC claimed that their mattresses were assembled in...

More Than Three Out of Four Companies Lack Proper Cybersecurity Measures

According to Tech Republic, a total of 77% of businesses are lacking formal cybersecurity incident response plans (CSIRP). An Overview of Missing CSIRPs Cybersecurity is one of...

Bitcoin Sinks after Google Announces Ban on Cryptocurrency Ads

Bitcoin declined almost 10% after Google announced that it is updating its financial services policy to ban cryptocurrency advertisements. The price of bitcoin fell as...

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Wells Fargo

Wells Fargo to Pay $1 Billion to Settle Auto Loans and...

Wells Fargo agreed to pay $1 billion in penalty to settle its regulatory violations related to its auto loans and mortgage businesses. The U.S. Consumer...