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Latest News in Corporate
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November 03, 2026
U.S. Sen. Elizabeth Warren, Rep. Becca Balint and other Democrats sent a letter to McDonald's CEO Chris Kempczinski, pressing him on the company's use of artificial intelligence-driven pricing recommendations and how it assesses potential harm to consumers and competition.
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November 03, 2026
Lockheed Martin Corp. agreed to pay $29.5 million under two settlements announced Monday by the U.S. Department of Justice over allegations that the defense contractor considered race or sex in some pay, hiring and promotion decisions while certifying compliance with federal antidiscrimination requirements
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November 03, 2026
Jack Dorsey's Block Inc. revealed in an investor filing Tuesday it has reached a tentative deal to resolve a U.S. Department of Justice investigation into claims that it ignored fraud on its Cash App, outlining terms that include a deferred prosecution agreement and payment of more than $760 million.
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November 03, 2026
Bank of America's $1.2 billion deal with the U.S. Treasury Department over anti-money-laundering failures has put compliance officers at financial institutions on alert about the perils they could face if they don't have empowered in-house investigators and proper oversight of technological systems for transaction monitoring.
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November 03, 2026
The Public Company Accounting Oversight Board has violated limits Congress placed on it by requiring three accountants to fly to Washington, D.C., on their own dime from their Southeast Asia homes to comply with certain board demands or face sanctions, according to a lawsuit filed Tuesday in D.C. federal court.
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