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Delivery companies have reportedly lost their bid to halt New York City’s new tipping law.
Uber and DoorDash had asked a judge for an injunction to block the new law, which requires food delivery apps to offer customers the option to tip delivery workers, Reuters reported Friday (Jan. 23).
According to the report, U.S. District Judge George Daniels in Manhattan said the companies did...
Federal regulators have dropped a lawsuit against cryptocurrency exchange Gemini.
In a court filing Friday (Jan. 23), the Securities and Exchange Commission (SEC) asked a judge to dismiss the suit, stemming from the collapse of an investment product known as Gemini Earn.
The SEC argued that Gemini had settled a 2023 lawsuit brought by the state of New York, which had accused the...
Your phone has been hogging the spotlight for years. Now your jacket wants a speaking role, preferably mic’d up and artificial intelligence-assisted.
Wearables have become a serious product category because they live where behavior happens: on your body. That makes them ideal for passive health signals, payments, authentication, and increasingly ambient AI that can capture context in...
The Justice Department reportedly told a judge Friday (Jan. 23) that Live Nation kept concerts that it promotes away from venues that stopped using its business unit Ticketmaster as a ticket seller.
The government cited this as a reason why Live Nation should be broken up, Bloomberg reported Friday. The government sued the company in 2024, alleging that it operates an illegal monopoly...
Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank.
The fine was imposed by Spain’s anti-money laundering watchdog known as Sepblac, Bloomberg reported Friday (Jan. 23), citing unnamed sources.
Asked about the report by Bloomberg, a Santander spokesperson...
Comptroller of the Currency Jonathan Gould reportedly said that the Office of the Comptroller of the Currency’s (OCC) work to relax leveraged-loan rules for banks will reduce the regulatory burden on those lenders and help them compete with the private credit industry.
Gould included these comments in a letter to Sen. Elizabeth Warren, who had asked the OCC and other banking regulators...
Saks Global’s eCommerce unit, Saks OFF 5th Digital, gained a court’s permission to hire a liquidator and sell its inventory amid its bankruptcy, Bloomberg reported Friday (Jan. 23).
The unit is being run by independent managers, and the court’s decision does not affect Saks Global’s brick-and-mortar stores, according to the report.
Those locations, including Saks Fifth Avenue, Neiman...
The U.S. Department of Health and Human Services’ Advanced Research Projects Agency for Health (ARPA-H) is seeking proposals for a multiyear initiative to spur the development and approval of agentic artificial intelligence systems capable of performing clinical tasks previously limited to clinicians.
The program, called Agentic AI-Enabled Cardiovascular Care Transformation (ADVOCATE...
A bill advanced to the House of Representatives by the House Financial Services Committee aims to reduce unnecessary regulatory burdens on community banks and small credit unions, the committee said in a Friday (Jan. 23) press release.
The Community Bank Regulatory Tailoring Act of 2026 (H.R. 7056) would do so by indexing several asset-based thresholds for bank regulations to nominal...
Banks are increasingly turning to artificial intelligence to cut costs and improve customer service, with savings showing up most clearly in call center operations.
At KeyCorp, the parent of KeyBank, CEO Christopher Gorman this week highlighted how AI is already delivering per-interaction cost advantages during the company’s fourth-quarter 2025 earnings call. AI-handled calls cost...