Apple will allow rival companies to operate wallet technology on its iPhones free-of-charge for a decade, European Union regulators said on Thursday, in the latest overhaul prompted by local rules. Apple’s mobile wallet allows iPhone users to pay for products in-store and online using its own-brand Apple Pay. Until now, Apple has not made its … Read more
Aimee Harris, right, walks out of Manhattan federal court, Tuesday, April 9, 2024, in New York. Larry Neumeister | AP A Florida woman was arrested Monday in Georgia on motor vehicle, marijuana, and other misdemeanor state charges just one day before her scheduled voluntary surrender to begin a monthlong jail term for stealing and selling … Read more
A general view of the U.S. Supreme Court as justices issue rulings in pending cases on the final day of the court’s term in Washington, U.S., July 1, 2024. Leah Millis | Reuters Four days after the Supreme Court ruled in the case of Loper Bright Enterprises vs. Raimondo, overturning the 40-year-old precedent known as … Read more
Fortnite maker Epic Games publicly lashed out at Apple on Friday, after its latest proposal for a rival iOS App Store was rejected by the smartphone maker. The company said on X that this rejection was triggered after Apple argued the design of Epic’s app store too closely resembled its own. This decision follows Epic’s … Read more
Traders work on the floor of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You … Read more
Former New York Mayor Rudy Giuliani departs the U.S. District Courthouse after he was ordered to pay $148 million in his defamation case in Washington, U.S., December 15, 2023. Bonnie Cash | Reuters Rudy Giuliani’s New York law license was revoked on Tuesday amid allegations that he assisted former President Donald Trump’s failed effort to … Read more
The Supreme Court on Monday wiped lower court rulings regarding two state laws aimed at barring social media companies from banning users based on their political views, kicking the major First Amendment challenge down the road. For the majority, Justice Elena Kagan wrote that lower courts addressing the matter wrongly focused on the state challengers’ … Read more
Hercules Investments CEO and CIO James McDonald. CNBC A former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after more than two years as a fugitive from a Securities and Exchange Commission investigation, federal prosecutors said. The defendant, James Arthur McDonald Jr., is accused of misrepresenting … Read more
U.S. Rep. Matt Gaetz (R-FL) walks away from the U.S. Capitol after his motion to vacate the chair of House Speaker Kevin McCarthy (R-CA) and end McCarthy’s continued leadership succeeded by a vote of 216-210, outside the U.S. Capitol in Washington, October 3, 2023. Jonathan Ernst | Reuters The House Ethics Committee said Tuesday it … Read more
New Jersey businessman and co-owner of The Philadelphia Inquirer, George Norcross walks to Judge Patricia McInerney’s courtroom at City Hall in Philadelphia. Matt Rourke | AP George Norcross, who for decades had been a Democratic political kingmaker in New Jersey, was charged with racketeering in an indictment unsealed Monday. Norcross’s brother, Phillip Norcross, and four … Read more
