Starbucks CEO Focuses on Brand; Cites ‘Near-Term’ Challenges
Amid a challenging quarter marked by declining sales and reduced customer traffic, Starbucks CEO Brian Niccol remains confident about the company’s strategic direction. Since assuming leadership fou...
LendingClub Shares Plummet as Loan Originations Slow
LendingClub’s latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some im...
CFPB Terminates 2022 Consent Order Against Wells Fargo
Wells Fargo has announced the termination of its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) related to automobile lending, consumer deposit accounts and mortgage lending.
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FTC Sends Refunds in Case Alleging Concealment of Negative Reviews
The Federal Trade Commission (FTC) is sending nearly $2.4 million to customers of fast-fashion retailer Fashion Nova, which the agency alleged prevented negative reviews from being posted on the compa...
Coinbase Gets Green Light for Debut in Argentina
It’s all systems go for Coinbase to launch in Argentina after regulators in that South American nation gave their approval for the U.S.-based cryptocurrency exchange to begin operating there, the co...