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A healthcare giant will soon distribute a massive pile of cash to customers in one of the largest antitrust settlements in US history.
Blue Cross has agreed to pay $2.67 billion to settle accusations that its companies violated antitrust laws by agreeing not to compete with each other in the health insurance market.
After legal fees and expenses are deducted, about $1.9 billion of the settlement...
Authorities in France say a database containing sensitive information on 1.2 million bank accounts has been breached.
The Ministry of Economy says an unauthorized entity gained access to the national FICOBA database of bank accounts last month.
“Upon detection of this incident, immediate access restrictions were implemented to stop the attack, limit the amount of data accessed and extracted from...
The FBI is warning financial institutions and the public about a sharp rise in attacks that compromise ATMs, forcing them to dispense cash.
In a flash alert, the FBI’s Internet Crime Complaint Center says there have been more than 1,900 so-called “jackpotting” incidents since 2020.
Over 700 of the attacks happened in 2025 alone, causing more than $20 million in losses.
To crack the machines,...
Delivery giant Grubhub is preparing to send millions of dollars in credit to customers to settle a lawsuit over the company’s fees and prices.
In a lawsuit filed in the Superior Court of the State of California, plaintiffs Charles Wang and others accuse Grubhub of making false or misleading representations over delivery fees, service fees and menu prices on its delivery orders.
The alleged false...
JPMorgan Chase is in the spotlight after freezing a deposited check and refusing to allow a couple to access their funds for nearly two years.
It began when Jose Maximiliano’s wife Maria Mercedes Diaz Ortiz deposited a $102,914 check into her account, reports NBC 5 Chicago.
The six-figure check was compensation awarded to Maximiliano following an accident at work.
Jose had permanently returned to...
Billionaire Stanley Druckenmiller is boosting his stake in a pair of Magnificent 7 stocks while eliminating exposure to the banking industry.
New filings show Duquesne Family Office bolstered its holdings in Alphabet (GOOGL) by 277% to 385,000 shares and its holdings in Amazon (AMZN) by 69% to 737,940 shares.
Meanwhile, Druckenmiller exited positions in Citigroup (C), Bank of America (BAC), and...
An employee at a US banking giant has been caught orchestrating a $500,000 fraud scheme, according to the U.S. Department of Justice.
The DOJ says 31-year-old Edward Low of New York has admitted to using his position at TD Bank to steal confidential customer data and pass it to co-conspirators, who used it to take over and drain accounts.
Authorities say that between January 2021 and May 2021,...
Millions of dollars will be dished out to households on the West Coast as an existing guaranteed income program expands.
The nonprofit The Bridge Project, which offers unconditional supplementary income to low-income households, is expanding its guaranteed income program to Multnomah County, Oregon, reports The Outlook.
Multnomah County, with about 815,000 residents, is Oregon’s most populated...
A Wells Fargo customer says she’s frustrated after spending months contesting illicit charges that drained thousands of dollars from her bank account.
Vicki Duffy from New Hope, Pennsylvania says dozens of charges were posted to her checking account through a money transfer company she never used, reports CBS News Philadelphia.
When she spotted the fraud, she says she immediately contacted the...
February 20th, 2026 – GIG HARBOR, Washington
IP Strategy Holdings, Inc. (Nasdaq: IPST) (the “Company” or “IP Strategy”), the first company to adopt a treasury reserve policy centered on the $IP token, today announced the board of directors has authorized a share repurchase program whereby the Company may buy back up to 1 million shares of its outstanding shares of common stock through...