Social Security update: May’s direct payment worth $943 goes out in 24 days

There are 24 more days until the first of two May Supplemental Security Income payments, worth up to $943 for individual filers, go out to millions of beneficiaries. The first installment will go out on Wednesday, May 1, to people with a serious debilitating disability that results in a limited income, according to the Social […]
Social Security update: May’s direct payment worth $943 goes out in 25 days

There are 25 days until the first of two May Supplemental Security Income payments, worth up to $943 for individual filers, goes out to millions of beneficiaries. The first installment will go out on Wednesday, May 1, to people with a serious debilitating disability that results in a limited income, according to the Social Security […]
Boeing pays Alaska Airlines $160M ‘initial payment’ for door blowout

Boeing has paid Alaska Airlines about $160 million as a “down payment” for “economic damages” caused by a mid-air door explosion at 16,000 feet earlier this year. Alaska Airlines, which was operating Boeing aircraft at the time the plane was blown away, stated in regulatory filings. It lost “approximately $160 million” in pre-tax profit in […]
Activists sue Alabama over law banning payment for voting assistance

A coalition of activist groups in Alabama is suing to overturn a new law that places limits on who can receive payments for processing ballots. These groups object to SB1’s prohibition on paying for or receiving ballots for distribution or collection. Activists say the ban on payments will hurt the ability to vote for people […]
Sports Illustrated owner sues ex-publisher for missing $48 million payment

The owner of Sports Illustrated sued the magazine’s former publisher for $48 million on Monday, alleging that the company stopped paying its bills as an excuse to negotiate a new licensing deal. A lawsuit filed by Authentic Brands Group in Manhattan federal court alleges that Manoj Bhargava, founder of 5 Hour Energy Drinks and Arena’s […]
MSNBC guest melts down over judge slashing Trump’s $454m bond payment: ‘Private system of justice’

An MSNBC guest on Monday was outraged by a judge’s decision to reduce former President Trump’s bail in a New York civil fraud case, claiming Trump has his “own private justice system.” Former New York Assistant Attorney General Tristian Snell was asked about how the court process worked on MSNBC’s “Jose Díaz Balart Report.” “Do […]
GOP blasts consumer agency over push to regulate digital wallets, payment apps

House Republicans attacked the Consumer Financial Protection Bureau (CFPB) during a hearing Wednesday over proposed rules that would regulate financial services such as digital wallets and payment apps. The agency released a proposal to supervise nonbank financial technology in November, with CFPB Director Rohit Chopra saying the rule would “help ensure that large technology companies […]
White House summons UnitedHealth CEO as payment paralysis enters 3rd week – The Washington Post

Biden administration officials on Tuesday ordered UnitedHealth Group to reinstate the U.S. health care system in the wake of the national health care payment crisis that threatens the ability of hospitals, doctors and other health care organizations to finance their operations and provide care. He called for further steps to be taken to stabilize the […]
Ransomware Attack Targets U.S. Healthcare Payment Processor In ‘Most Serious Incident Of Its Kind’

Rick Pollack, President and CEO of the American Hospital Association, will deliver opening remarks. (Photo by Chip Somodevilla/Getty Images) OAN’s Brooke Mallory6:16pm – Friday, March 1, 2024 Rick Pollack, CEO of the American Hospital Association, said Thursday night that the fallout from the recent ransomware attack on the nation’s largest healthcare payment processor is “the […]
Ocado ‘could sue’ M&S in dispute over £190m final payment | Ocado

Ocado has threatened to take legal action over multi-million pound payments related to Marks & Spencer’s online joint venture. M&S, which owns 50% of Ocado Retail, is withholding part of the final £190m payment after the delivery partnership failed to meet certain performance targets. Ocado chief executive Tim Steiner told reporters on Thursday that he […]