Chris Spiker

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Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: CFPB
Equifax Fined $15M For Inaccurate Credit Scores, Mishandling Disputes: Cfpb One of the nation’s largest credit reporting agencies has been fined $15 million for issuing inaccurate credit scores and failing to properly investigate consumer disputes, officials said. Equifax will pay the fine into the Consumer Financial Protection Bureau's victims relief fund, the federal agency said in a news release on Friday, Jan. 17. The CFPB's investigation found Equifax ignored critical evidence submitted by consumers disputing inaccuracies in their credit reports. According to the CFPB, Equifax also allowed deleted errors to resurface and relied on flaw…
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud Cash App Users To Get Refunds In $175M Order As Feds Target Fraud
Cash App Users To Get Refunds In $175M Order As Feds Target Fraud Cash App's parent company will have to pay $175 million for poorly protecting its users from fraud and financial crimes on the payment platform, officials said. The Consumer Financial Protection Bureau ordered Block to refund up to $120 million to users harmed by fraud, the federal agency said in a news release on Thursday, Jan. 16. The parent company of Cash App, which has more than 56 million accounts, must also pay a $55 million fine into the CFPB’s victims relief fund. The CFPB found that Block failed to properly investigate unauthorized transactions and deprived users of…
Supreme Court Upholds TikTok Ban: How The App Could Survive In The U.S. Supreme Court Upholds TikTok Ban: How The App Could Survive In The U.S.
Supreme Court Upholds TikTok Ban: How The App Could Survive In The U.S. The Supreme Court has upheld a new law that could ban TikTok in the U.S. unless its Chinese parent company divests from the very popular video-sharing social media app. The justices said the "Protecting Americans from Foreign Adversary Controlled Applications Act" doesn't violate the First Amendment, according to the court's decision on Friday, Jan. 17. The ruling allows for TikTok to potentially be banned in the U.S. as early as Sunday, Jan. 19. TikTok, which has more than 170 million users in the U.S., has come under scrutiny over fears that ByteDance could allow the Chinese gov…
Microsoft 365 Raises Prices For First Time In 12 Years: Here's Why Microsoft 365 Raises Prices For First Time In 12 Years: Here's Why
Microsoft 365 Raises Prices For First Time In 12 Years: Here's Why The Microsoft 365 bundle price is increasing in the U.S. for the first time in a dozen years as the tech giant adds artificial intelligence tools into longtime products like Microsoft Word. The cost of Microsoft 365 Personal and Family subscriptions will rise by $3 per month, the company said in a blog post on Thursday, Jan. 16. It's the first price change since the software bundle launched in 2013 under the name "Office 365". Existing subscribers will see the adjustment at their next renewal. "We understand that our customers have a variety of needs and budgets, so we’re committ…
FDA Approves ZYN Nicotine Pouches For Sale, Restricts Ads Targeting Teens FDA Approves ZYN Nicotine Pouches For Sale, Restricts Ads Targeting Teens
FDA Approves ZYN Nicotine Pouches For Sale, Restricts Ads Targeting Teens The Food and Drug Administration has authorized the sales of 20 types of ZYN nicotine pouches amid concerns about children and teens using the products. The decision allows ZYN nicotine pouches to be legally marketed in the U.S. to adults aged 21 and older, the FDA said in a news release on Thursday, Jan. 6. The small natural fiber pouches are designed to be placed between the gum and lip. The FDA said the pouches contain substantially lower levels of harmful chemicals compared to cigarettes and most smokeless tobacco products, reducing risks of cancer and other serious …
American Express To Pay $230M For Misleading Small Business Customers American Express To Pay $230M For Misleading Small Business Customers
American Express To Pay $230M For Misleading Small Business Customers American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products. The credit card company agreed to pay a $108.7 million civil penalty, the Department of Justice said in a news release on Thursday, Jan. 16. The settlement resolved claims against American Express of deceptive marketing and "dummy" account information. American Express was accused of engaging in unlawful sales tactics and falsifying records between 2014 and 2021. "When financial companies …
Elevated Dining: New Upscale Restaurant With Skyline Views Opens In Hartford Elevated Dining: New Upscale Restaurant With Skyline Views Opens In Hartford
Elevated Dining: New Upscale Restaurant With Skyline Views Opens In Hartford A new restaurant will allow guests to enjoy a fine dining experience high above Connecticut's capital city. The Foundry is opening on the 20th floor of the One State Street building on Thursday, Jan. 16. The high-end restaurant has taken over the former space of ON20, which closed in 2020. The Foundry combines contemporary American seasonal cuisine with panoramic views of the city. According to its website, the restaurant will use high-quality and sustainable ingredients from across New England. View this post on Instagram A post sh…
Legendary MLB Voice Bob Uecker Dies At 90 Years Old: 'He Was A National Treasure' Legendary MLB Voice Bob Uecker Dies At 90 Years Old: 'He Was A National Treasure'
Legendary MLB Voice Bob Uecker Dies At 90 Years Old: 'He Was A National Treasure' The baseball world is mourning the death of Bob Uecker, an iconic broadcaster whose smooth voice helped him rise to Hollywood stardom. Uecker, 90, died at his home early in the morning on Thursday, Jan. 16, the Milwaukee Brewers and Major League Baseball said. The baseball hall-of-famer was the Brewers' primary broadcaster since 1971 and became synonymous with summer for generations of Milwaukee fans. Uecker's family said he quietly battled small cell lung cancer since early 2023. "Even in the face of this challenge, his enthusiasm for life was always present, never allowing his spiri…
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy Spirit Airlines is laying off about 200 employees as the company tries to survive amid bankruptcy proceedings. The budget carrier will eliminate the positions across various departments, a company spokesperson told Daily Voice on Thursday, Jan. 16. The move came as Spirit looks to emerge from Chapter 11 bankruptcy, which it filed for in November 2024. The layoffs, which follow recent pilot furloughs, aim to align the airline's staffing with its current fleet size and level of flying while achieving $80 million in annual cost reductions. "These decisions are never made lightly, and we are c…
Southwest Airlines Sued, Frontier Fined For Chronic Flight Delays: Feds Southwest Airlines Sued, Frontier Fined For Chronic Flight Delays: Feds
Southwest Airlines Sued, Frontier Fined For Chronic Flight Delays: Feds The federal government is suing Southwest Airlines and fined Frontier Airlines, accusing the carriers of illegally operating multiple chronically delayed flights and causing significant problems for travelers. The U.S. Department of Transportation filed a lawsuit against Southwest on Wednesday, Jan. 15, the DOT said in a news release. The suit filed in the U.S. District Court for the Northern District of California seeks maximum civil penalties against the airline. Federal regulators said they're cracking down on "unrealistic scheduling practices" by Southwest. "Airlines have a l…
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