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Capital One

Business
CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog
Cfpb Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…

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by Chris Spiker
Business
Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company, the agency said in a news release on Tuesday, Jan. 14. The CFPB accused Capital One of marketing its "360 Savings" accounts as offering some of the nation's highest interest rates but froze those rates while competitors' rates climbed. Simultaneously, the bank introduced a nearly identical product, "360 …

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by Chris Spiker
News
Widespread Internet Outage Affects Google, Amazon, Other Major Websites Widespread Internet Outage Affects Google, Amazon, Other Major Websites
Widespread Internet Outage Affects Google, Amazon, Other Major Websites Some of the largest websites in the world were knocked offline at around midday Thursday, July 22.  The outage rendered financial, travel, retail, and gaming sites unavailable for a brief amount of time. Google, Amazon, Fidelity, Costco, Delta Air Lines, British Airways, and Capital One -- and even the official Olympic website -- were all affected. Content delivery network provider Akamai reported the outage at 12:10 p.m. At around 12:45 p.m., it issued an update saying, "We have implemented a fix for this issue, and based on current observations, the service is resumi…

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by Joe Lombardi
Police & Fire
Police: Woman Goes On Spending Spree After Finding Man's Wallet, Credit Cards In Westchester Police: Woman Goes On Spending Spree After Finding Man's Wallet, Credit Cards In Westchester
Police: Woman Goes On Spending Spree After Finding Man's Wallet, Credit Cards In Westchester Did you see anything? Police investigators are seeking the public’s assistance as they attempt to track down a woman who allegedly found a Westchester resident's wallet and promptly attempted to go on a spending spree using the stolen credit cards. Investigators received a report on Friday, March 29, from a local resident who stated that he believed he dropped his brown wallet in front of his Garth Road apartment in Scarsdale at approximately 2:15 p.m. The wallet contained a driver’s license, a Chase debit card, Capital One credit card and a Chase Hyatt Visa card. According to police, at a…

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by Zak Failla