legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Apple’s China Data Conundrum
Apple’s China Data Conundrum
March 01, 2018  |  Apple

Where there are servers, data resides. And where there’s data, value exists too — value that may prove alluring to individuals, companies, even governments. By...

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US Bank Fined $613M For AML Violations
US Bank Fined $613M For AML Violations
February 15, 2018  |  Bank Regulation

U.S. Bank was slapped with a $185 million civil penalty for what the Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of the...

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Building A Delivery Market For Cannabis … Carefully
Building A Delivery Market For Cannabis … Carefully
January 31, 2018  |  Retail

With varying shades of marijuana legality online in nearly 50 percent of all states and 61 percent of polled voters expressing support for full legalization,...

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Canada’s Marijuana Legalization Entices Smaller Financial Players
Canada’s Marijuana Legalization Entices Smaller Financial Players
January 24, 2018  |  B2B Payments

While legal marijuana companies in the U.S. struggle to gain access to financial services, their industry peers north of the border are enjoying an investment...

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Wells Fargo’s Bid To Dismiss Predatory Lending Suit Rejected
Wells Fargo’s Bid To Dismiss Predatory Lending Suit Rejected
January 17, 2018  |  Legal

Wells Fargo’s effort to toss out a lawsuit lodged by the city of Philadelphia failed, with the judge paving the way for the city to...

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Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
Chinese Pyramid Scheme Lands Fraudsters In The Pokey – For Life
January 10, 2018  |  International

A Chinese court has sentenced two people to life in prison for fraud, with 19 others getting up to 12 years in prison for their...

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Theranos Gets $100M Lifeline
Theranos Gets $100M Lifeline
December 27, 2017  |  Investments

Theranos, the struggling blood testing company based in Silicon Valley, has landed a $100 million loan from Fortress Investment Group. Citing an email sent to...

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Belarus Legalizes Cryptocurrency Transactions To Boost Foreign Investment
Belarus Legalizes Cryptocurrency Transactions To Boost Foreign Investment
December 26, 2017  |  International

Belarus has legalized cryptocurrency transactions in an attempt to boost private sector growth and foreign investment. According to Reuters, President Alexander Lukashenko signed the decree...

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CFPB Legal Battle, Amid Succession Drama, Continues
CFPB Legal Battle, Amid Succession Drama, Continues
December 04, 2017  |  Regulation Roundup

And the (legal) beat went on. The drama surrounding the Consumer Financial Protection Bureau (CFPB) continues – and did anybody think it would be otherwise?...

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