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Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino. Courtesy: Monarch The personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned. The fundraising is among the largest for an American consumer fintech startup this year […]
The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and […]
Capital One agreed to pay a $425 million settlement after it faced nationwide litigation accusing it of cheating savings depositors out of higher interest rates by failing to advertise higher-yield accounts, according to a federal court filing. The preliminary settlement, which is pending a judge’s approval, was filed in a notice on Friday in the […]
A rare 1999 platinum Rolex Daytona featuring a mother-of-pearl dial with diamond hour markers — one of only four known to exist. Courtesy of Sotheby’s A legendary timepiece is about to step into the spotlight. A 1999 platinum Rolex Daytona is heading to auction on Sunday at Sotheby’s Geneva, and could sell for up to […]
A quiet honor student who had recently graduated from Immaculate High School in Danbury, Veer Chetal was about to begin studying at Rutgers University in New Jersey. In 2022, he completed a “future lawyers” program, and a story that year on the Immaculate website showed a photo of a smiling kid with glasses wearing a […]
Disney’s live-action remake of “Snow White” — which has been mired in controversy over star Rachel Zegler’s comments deriding Israel, Donald Trump, and even the Mouse House — is expected to lose approximately $115 million, according to a report. The movie, which premiered on March 21, earned just $14.2 million domestically in its second weekend […]
HARTFORD, Conn. (AP) — Before his arrest Wednesday, Paul Steed was a respected sugar market expert for a subsidiary of famed candymaker Mars Inc. He served on a U.S. trade advisory committee for sweeteners as well as on industry group boards, while giving presentations at conferences. Paul Steed, of Stamford, Connecticut, is accused in a […]
Jakub Porzycki | Nurphoto | Getty Images Ripple and the U.S. Securities and Exchange Commission have reached an agreement to end their long-running legal battle. Following last week’s news that the SEC would drop its appeal without conditions, Ripple has now agreed to withdraw its cross-appeal, Chief Legal Officer Stuart Alderoty said on X Tuesday. […]
The Justice Department on Tuesday charged Carl Erik Rinsch, whom Netflix hired to make a science-fiction series that was never completed, with an $11 million scheme to defraud the company. According to the indictment, which was announced by prosecutors for the Southern District of New York and the Federal Bureau of Investigation’s New York Field […]
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, […]
