Monday, December 23, 2024

Tag: banks

Consumer Financial Protection Bureau cracks down on credit card late fees

The rule was passed in an effort to save 45 million people an average of $220 or more than $10 billion a year.

Capital One announces plan to buy Discover

Capital One announced a definitive agreement under which the company will acquire Discover in an all-stock transaction valued at $35.3 billion.

Bank of America pays $250 million to customers and in penalty fees...

CFPB said Bank of America implemented a "double-dipping scheme" to "harvest junk fees" from customers and those actions are "illegal and undermine customer trust."

World’s biggest banks poured $673 billion into fossil fuels last year

“This is one of the most insane misallocations of capital in human history.”

David Barsamian and Noam Chomsky | Savage capitalism

From climate change to bank failures to war.

What connects Trump’s likely arrest with the bank bailouts?

Let's start with multi-billionaire Peter Thiel, and follow the money.

US mega-banks behind 1/3 of climate-destroying oil and gas expansion: Report

"Global banks' top fossil fuel clients amount to a rogues' gallery of bad actors."

Wells Fargo announces commitment to join Net-Zero Banking Alliance and reach...

"Achieving net-zero emissions by 2050 means stopping financing for the expansion of fossil fuels now."

UK banks defend climate record despite billions lent to fossil fuel...

DeSmog research has found that over 86 percent (13 out of 15) of HSBC’s board of directors have current or past ties to polluting companies and industries.

Bankers eager to continue funding oil and gas

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against.

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Teamsters launch largest strike against Amazon in US history to demand fair wages and...

Amazon workers launch historic nationwide strike, demanding better wages, safer conditions, and union recognition from the $2 trillion corporation.

Israeli soldiers enforce kill zone in Gaza, targeting civilians and leaving bodies to rot

Israeli forces implement open-fire policies in Gaza’s Netzarim Corridor, targeting civilians and leaving corpses uncollected as a warning to others.

Pregnant woman in labor cited under Kentucky anti-homelessness law

Pregnant homeless woman in labor ticketed under Kentucky’s anti-camping law, sparking national outrage over the criminalization of homelessness.

Syria’s new fundamentalist government: Women ‘biologically’ unsuited to politics, universities to be segregated

The comments provoked a firestorm of protest among Syrian women and, well, non-fundamentalists.

Elon Musk for Speaker of the House? Republicans float billionaire amid spending bill fight

Republicans propose Elon Musk as Speaker of the House after his role in sinking a spending bill, raising unprecedented ethical and governance concerns.