Bank of America hit with 250 million in penalties
The Associated Press reports Bank of America will reimburse customers more than 100 million and pay 150 million in fines for overdraft fee double-dipping, credit card reward withholding, and opening accounts without consent. CFPB and OCC penalties total 150 million plus 100 million refunds.
MENTIONED IN THIS ARTICLE
NEW York
Bank of America
Bofa
Consumer Financial Protection Bureau
Office of the Comptroller of the Currency
CFPB
Rohit Chopra
White House
Chopra
Bureau
Jpmorgan Chase
Wells Fargo
Biden
Brian Moynihan
Associated Press
San Francisco
Microsoft wins bid to proceed with Activision Blizzard deal
U S District Judge Jacquel ine Scott Corley refused to block Microsoft s 69 billion takeover of Activision Blizzard saying the merger requires scrutiny but the FTC failed to show likely substantial reductions in competition in consoles cloud gaming or subscrip tion services The ruling notes the case could shape the tech industry and that Microsoft and Activision pledged Call of Duty will remain on rival platforms and consoles closing the deal remains unsettled with potential appeals and July 18 breakup fee risk
MENTIONED IN THIS ARTICLE
Microsoft
Activision Blizzard
U.S
Jacqueline Scott Corley
Federal Trade Commission
Corley
San Francisco
Satya Nadella
Bobby Kotick
Activision
Sony
Kotick
FTC
Douglas Farrar
Lina Khan
Joe Biden
Amazon
Google
Facebook
Meta
FIC
Unlimited
Khan
Congress
House
Commission
Biden
Call of Duty
Grand jury selected in Trump probe in Fulton County
Fulton County court officials selected two grand juries to hear cases over two months in secret. One panel will decide whether to indict former President Donald Trump and allies in the 2020 election interference inquiry. Judge Robert McBurney oversaw the process with about 100 potential jurors present.
MENTIONED IN THIS ARTICLE
Fulton County
Donald Trump
Superior Court
Robert McBurney
McBurney
Trump
Fulton
Fani Willis
Stocks rise ahead of inflation update and earnings season
New York stocks gained as investors awaited a key inflation report expected to show slower price gains. The S&P 500 rose 0.7 percent to 4,439.26, the Dow added 317.02 to 34,261.42, and the Nasdaq climbed 75.22 to 13,760.70. Activision Blizzard jumped 10 percent after a judge allowed Microsoft to proceed with its $69 billion takeover. Salesforce boosted the Dow while Amazon edged up on Prime Day. Analysts foresee a lower June inflation rate and a likely pause in rate hikes, with earnings season starting and Bank of America noting a trough for profits ahead.
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New York
Wall Street
Activision Blizzard
Microsoft
Amazon
U.S
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&p
Wilshire
Russell
AMC
At&t Inc
Meta Ph
AdialPh H
AMD
AffirmHid If
MultiAuters
Newell Br
Alibaba
NiSource
Alphabt Cs
Nikola
Alphabt As
Northropg
Nvidia
Amé Airlines
Apple Incs
Opendrac
EcoBrad
OwensCorn
BkofAm
Palantir
BetterThr
CanopyGr
PepsiCo Carnival
Pfizer
Carvana A
PlugPowrh
Cedarf
RiotBlok
Cisco Cingulate
RiviaAu A
Coca Cola
Roku
Reblox
EquitMid
Snapinc A
FardyFul
SoFiTech
FirstEngy
SnstinEngy
Fordm
Ubotv
Tappagh GenElec
Target
Teslas
UntySttw
Vale SA
ovanceTh
VerizonCm
Tauunh
WalMart
Wbrodis A
Keycorp
Kohls
WellsFargo
LincNat
Wendys Co
LucidGrp
Xpeng
Lyit Inc
YumBrnds
NYMX
New York Mercantile Exchange
CBOT
Chicago Board of Trade
CME
Chicago Mercantile Sugar (World
ICE
Intercontinental Exchange
American
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Doe
SEC
The
Associated Press
Also Mentioned on This Page
Ken Sweet
Michelle Chapman
Blizzard UK
Activision Publishing
Jeremy Redman
Bill Rankin
Atlanta Journal-Constitution
Federal Reserve
S&p 500
Ohsung Kwon
Bofa Global
the Market IN Review
Dow Jones
PrestigWlth
ActivsBliz
FreelaTh
SOS Ltd
AmRebl Rs
Redfin
JournMdl
Skillz
ViridianTh
XeneticBrs
Acasti Rs
MarathDig
Agtfy Rs
Urogenp
Apple Inc