Canada is looking at banning Chinese-made software in vehicles after the US took steps toward doing so, Finance Minister Chrystia Freeland said Tuesday. “The short answer is absolutely,” she told reporters when asked whether Canada was considering following the US move. “Our government has made very clear that we take really seriously intentional Chinese Read more…
US regulators levied more than $118 million in penalties against several financial firms for failing to keep employees’ electronic communications, the latest fallout from the so-called WhatsApp investigations. The largest penalty, totaling $42 million, was paid by Canadian Imperial Bank of Commerce and two of its affiliates, according to statements Read more…
The US Justice Department sued Visa Inc. Tuesday, alleging the global payments giant illegally monopolized the debit card market, in the Biden administration’s first major antitrust case in the financial services industry. Antitrust enforcers alleged in a complaint filed in Manhattan federal court that Visa, which handles more than 60% of US debit transactions, entered into Read more…