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According to his plea papers, Mr. Rice, 30, admits he lied to would-be investors, claiming that AriseBank – billed as the world’s “first decentralized banking platform” based on the proprietary digital currency AriseCoin – could offer consumers FDIC-insured accounts and traditional banking services, including Visa-brand credit cards, in addition to cryptocurrency services.
Fiat Chrysler Automobiles (FCA) has agreed to voluntarily recall of 862,520 vehicles in the United States.
The Federal Trade Commission last week announced its first case challenging a marketer’s use of fake paid reviews on an independent retail website.
"The banking industry continued to report strong results," McWilliams said. "Growth in net income was attributable to higher net operating revenue and a lower effective tax rate. Loan balances expanded, net interest margins improved, and the number of ‘problem banks’ continued to decline. Community banks also had a strong quarter, with annual loan growth and a net interest margin that exceeded the overall industry."
Social Networking App Musical.ly Agrees to Settle Allegations That it Violated Children’s Privacy Law
App bans children from the popular lip-syncing app after $5.7 million fine
Under DOT rules, airlines operating aircraft with 30 or more passenger seats are prohibited from allowing their domestic flights to remain on the tarmac for more than three hours at U.S. airports
China’s market price support policy artificially raises Chinese prices for grains above market levels, creating incentives for increased Chinese production of agricultural products and reduced imports.
U.S. Department of Transportation Names 14 Members to the National In-Flight Sexual Misconduct Task...
The Task Force will review and evaluate current practices, protocols, and requirements of U.S. airlines in responding to and reporting allegations by passengers of sexual misconduct on board commercial aircraft.
U.S. Department of Labor Recovers $5,579,939 for 993 Employees Who Performed Hurricane Recovery Work...
$5,579,939 in back wages and benefits owed to 993 employees of nine subcontractors that provided power generator operation support for hurricane recovery efforts in Puerto Rico.