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U.S. Bank Fined $36 Million for Freezing Debit Cards During Pandemic
U.S. Bank has been hit with a $36 million fine for freezing debit cards that distributed unemployment benefits during the pandemic.
New Home Construction Up More Than Expected in November
Construction of new homes rose by double digits in November, according to data from the Commerce Department.
Securitize: Private Credit Boom Is Now Here
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Stocks Open Lower and Face First Decline in 10 Days
Stocks opened lower after the opening bell and on track for its first decline in 10 days after a recent winning streak.
Study: Tesla Drivers Involved in More Accidents This Year
Tesla drivers in the U.S. were in more accidents than drivers of any other car brand this year, according to a study.
Love It or Hate It, Self-Checkout Is Here to Stay. But It's Going Through a Reckoning
The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Monsanto to Pay $857 Million Over Claims of Toxic Chemicals
Monsanto was ordered to pay $857 million to students and parent volunteers at a Washington school.
Judge Strikes Down Lawsuits Linking Tylenol to Autism, ADHD
A federal judge has struck down hundreds of lawsuits filed against the makers of Tylenol and generic acetaminophen.
California Set to Become 2nd State to OK Rules for Turning Wastewater Into Drinking Water
California regulators are preparing to vote on new rules for turning recycled wastewater into drinking water.
