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.

English, Welsh Retailers Call for Crackdown as Shoplifting Leaps 30%
English, Welsh Retailers Call for Crackdown as Shoplifting Leaps 30%
July 24, 2024  |  Retail

Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). Leaders of a retail trade union...

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Commerce Department to Release Rules on Connected Vehicles
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024  |  Connected Economy

The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China...

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FTC: Federal Court Freezes Assets of USA Student Debt Relief
FTC: Federal Court Freezes Assets of USA Student Debt Relief
July 22, 2024  |  Legal

The Federal Trade Commission (FTC) said Monday (July 22) that a federal court halted the operations and froze the assets of the operators of USA Student Debt...

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Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
July 19, 2024  |  Meta

A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. The Federal...

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Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
July 19, 2024  |  Legal

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management...

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Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
July 17, 2024  |  Blockchain

Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized...

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Judge Rules Against Sanctioning Law Firm in Visa, Mastercard Settlement
Judge Rules Against Sanctioning Law Firm in Visa, Mastercard Settlement
July 15, 2024  |  Legal

A federal magistrate judge ruled Saturday (July 13) that plaintiffs law firm Milberg Coleman Bryson Phillips Grossman would not be sanctioned at this time for...

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FTC Warns Franchisors About Junk Fees
FTC Warns Franchisors About Junk Fees
July 12, 2024  |  Regulation

The Federal Trade Commission (FTC) warned franchisors Friday (July 12) that non-disparagement clauses and the imposition of previously undisclosed fees are against the law. The...

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House Committee Votes to Aid Defense of TikTok Ban
House Committee Votes to Aid Defense of TikTok Ban
July 11, 2024  |  Politics

The U.S. House Energy and Commerce Committee reportedly voted Thursday (July 11) to give the Justice Department a transcript of a closed-door hearing about threats posed by TikTok....

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