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Month : October 2026

Banking

Bank of America Hit With $1.2 Billion in Penalties Over Money-Laundering and Sanctions Failures

Rohan Kumar
Bank of America has been ordered to pay more than $1.2 billion in penalties after US authorities found serious and long-running failures in its defences...
Technology

FBI Arrests OpenAI Engineer Over Hidden Recording Device in Executive Conference Room

Rohan Kumar
Federal prosecutors have charged an OpenAI engineer with hiding an audio recorder in an executive conference room at the company’s San Francisco headquarters, an episode...
Banking

Wall Street’s Biggest Banks Open Earnings Season as Rising Rates and Weaker Dealmaking Test Profits

Rohan Kumar
Wall Street’s biggest banks begin reporting third-quarter results today, giving investors their first broad look at how lenders have fared through a period of rising...
Technology

Hackers Heat Hundreds of French Supermarket Fridges to 50C in “Unprecedented” Cyberattack

Rohan Kumar
Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees Celsius (122 Fahrenheit), spoiling food and...
Business

IonQ Agrees $1.3 Billion Deal for Elisity as the Quantum Race Moves Into Cybersecurity

Rohan Kumar
IonQ, the quantum computing company, has agreed to buy the cybersecurity firm Elisity in an all-stock deal valued at up to $1.3 billion. The move...