Capital One sued by US watchdog alleging bank cheated customers out of $2 billion – The Associated Press
NEW YORK (AP) — A U.S. watchdog agency has accused Capital One of misleading consumers about its services for high-interest savings accounts and “defrauding” customers of more than $2 billion in lost interest payments as a result. The lawsuit states: In a complaint filed Tuesday, the Consumer Financial Protection Bureau criticized Capital One's promise and […]
Disney Sued for $10 Billion by Animator Alleging ‘Moana’ Movies Plagiarized His Screenplay
The Walt Disney Company is sued by animators who claim the studio's blockbusters Moana and Moana 2 The animated film plagiarized his original screenplay. He's seeking $10 billion (yes, “billion” with a “b”) in damages. In a lawsuit filed Friday in California federal court, animator Buck Woodall claims that Disney plagiarized elements of an animated […]
China’s Trade Surplus Hits Record $990 Billion
China's General Administration of Customs announced on Monday that total exports in 2024 will be $3.58 trillion and imports will be $2.59 trillion, resulting in a trade surplus of $990 billion, surpassing the previous record of $838 billion in 2022. It was announced that it would be easily surpassed. In December 2024, it recorded a […]
L.A. Wildfires Could Cost Up to $150 Billion, AccuWeather Warns
As the wildfires sweeping Southern California leave a trail of destruction, AccuWeather has raised its preliminary estimate of total damage and economic losses from $135 billion to $150 billion. The fire, caused by hurricane-force winds, destroyed homes, disrupted businesses and forced the evacuation of more than 100,000 people. “These fast-moving wind infernos created one of […]
Fires Ravaging Los Angeles Cause Over $50 Billion in Damage, Preliminary Estimates Say
Wildfires burning across Southern California have already caused an estimated $52 billion to $57 billion in damages and economic losses, according to AccuWeather's preliminary assessment. The fire forced mass evacuations, disrupted daily life, and is said to be one of the worst fires in the state's history. “This is already one of the worst wildfires […]
Bitcoin and Ethereum ETFs Add $1.1 Billion in a Day as Hot Streak Grows – Decrypt
Bitcoin and Ethereum ETFs saw combined inflows of $1.1 billion on Monday, establishing positive momentum after the spot fund started the year with a stagnant $320 million. Despite starting the trading year in the red, Bitcoin and Ethereum spot ETFs collectively raised $1.75 billion in 2025 after two consecutive days of positive inflows, according to […]
Trump announces $20 billion in new data centers in post-certification address
President-elect Trump addressed the nation Tuesday for the first time since his November election victory was certified. Trump held a press conference at his Mar-a-Lago home the day after Congress and Vice President Kamala Harris certified his Electoral College victory. President Trump took the opportunity to announce that he would spend $20 billion to build […]
Getty Images, Shutterstock agree to merge in $3.7 billion deal
Getty Images and Shutterstock are merging to create a giant company specializing in photography and other visual content in a deal worth a total of $3.7 billion, the companies announced Tuesday. The partnership comes as photography and other still images face increased new competition from images created by artificial intelligence, the two companies said Tuesday, […]
MicroStrategy Eyes $2 Billion Stock Offering to Supercharge Bitcoin Stash – Bitcoinist
The US-based development and business intelligence company plans to implement a strategy to acquire significant cryptocurrency investments and advance plans to increase its Bitcoin holdings. Despite collecting a huge amount of BitcoinMicroStrategy plans to use the estimated $2 billion generated from the preferred stock offering to increase its BTC holdings. 21/21 plan micro strategy announced […]
Dogecoin Bullish Signal: Whales Make $1.08 Billion Net DOGE Purchase – TradingView
On-chain data shows that Dogecoin whales have been accumulating furiously recently, which could be a bullish sign for Dogecoin price. Dogecoin whale holdings increase by approximately $1.08 billion As analyst Ali Martinez points out in a new post on X, the DOGE whale has been on a buying spree lately. An on-chain indicator of relevance […]