A class action lawsuit has been filed against J.P. Morgan Chase & Co, the largest U.S. bank by assets, alleging it engaged in racketeering and manipulation of California's electricity market.
Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday.
When U.S. authorities announced the arrest of Silk Road creator Ross Ulbricht in October 2013, they made a startling claim: the online black market had seen an estimated $1.2 billion in illicit sales since its inception.
U.S. congressional Republicans on Friday proposed legislation that would set "net neutrality" rules for broadband providers, aiming to head off tougher regulations backed by the Obama administration.
