American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts' estimates and the firm set aside more money to cover bad loans.
Uber will pay $20 million and alter various business practices in order to settle claims brought by the FTC that the ride-hailing company mislead drivers on how much they would make driving for Uber.
International Business Machines Corp.'s (NYSE: IBM ) earnings results for the fiscal fourth quarter show that the turnaround efforts are starting to show results.
Western Union Co. agreed to pay $586 million and admitted it failed to stop money laundering and wire fraud as part of a deal with the U.S.. Lapses in the company's anti-money laundering controls allowed hundreds of millions of dollars in prohibited ...
WASHINGTON -- The federal consumer finance watchdog expanded its crackdown on overdraft fees, suing a Minnesota-based bank Thursday for allegedly luring customers into costly penalties by using illegal marketing practices.