Latest financial headlines and short publisher introductions. Follow the source link to read the full story.
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Since 2023, the discount retailer has been overcharging shoppers “millions of dollars” at checkout, according to a complaint filed by federal regulators and 17 states.
Read the original story ↗Four nonprofit advocacy groups want a California court to stop major AI developers from building stronger models, alleging their technology could cause catastrophic harm worldwide.
Read the original story ↗Project Meridian FX APAC said it demonstrated how transactions can be coordinated across conventional settlement systems and those built using blockchain technology.
Read the original story ↗Yes Bank has filed a petition with the Supreme Court to review an order from October 15. This order upheld a Bombay High Court ruling that quashed the bank's decision to write off AT-1 bonds. These bonds, worth Rs 8,415 crore, were questioned during Yes Bank's financial difficulties. The high court ruled that the bank's administrator lacked authority for suc…
Read the original story ↗The roughly $5 million transfer also spent the tiny payment used to deliver a court notice to the address in May.
Read the original story ↗Robinhood Markets has filed an appeal with the US Supreme Court concerning a class action lawsuit brought forth by investors. The lawsuit claims the company misled investors ahead of its IPO in July 2021 by not revealing how reduced trading volumes would affect their investments. After initially dismissing the case, the 9th Circuit Court of Appeals has reope…
Read the original story ↗A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair b…
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