Friday, May 1, 2026

Business - LEVEL1

Green Dot Corp, Linked to Walmart, Fined $44 Million by Federal Reserve for Customer Fund Access Issues

Green Dot Corp., a company that sells prepaid debit cards at Walmart, has been fined $44 million by the Federal Reserve for harming consumers...

Global computer outage causes chaos with canceled flights, disrupted businesses, and government agencies

CNN reported that a global technical disaster disrupted thousands of US flights, affecting government agencies and businesses worldwide. The cybersecurity company involved clarified that...

Live Updates: Global IT Outage Microsoft-CrowdStrike Blackout

7 hours ago, FTC Chair Lina Khan connected the ongoing CrowdStrike outage to concentrated market power, leading to "fragile systems." She emphasized the risk...

Judge denies SEC oversight of cybersecurity controls in SolarWinds case

A federal judge recently rejected a bid by the Securities and Exchange Commission to regulate corporate cybersecurity controls. The decision came in a case...

Stock market reaches new record high, with Dow Jones climbing over 700 points

The Dow Jones Industrial Average reached a new high on Tuesday, surging by 743 points in its largest one-day gain in over a year....

Asian stocks decline following China’s weak GDP report and aftermath of Trump shooting

Asian stocks saw a dip on Monday due to disappointing economic growth in China and uncertainty over U.S. politics after an attempted assassination on...

Amtrak cancels train service from Boston to New York City.

Amtrak train service between Boston and New York stopped because of a power outage caused by lightning on Saturday. This outage led to many...

Samsung reports higher profits than expected due to increased demand and higher chip prices driven by AI technology. By Reuters

Samsung Electronics reported a significant increase in its second-quarter operating profit, with estimates showing a more than 15-fold rise compared to the same period...