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DOJ Probes Big Banks For Alleged "Debanking" Of Clients
DOJ Probes Big Banks For Alleged "Debanking" Of Clients
The US Dept of Justice is intensifying scrutiny of some of the country’s largest financial institutions over allegations that customers were denied banking services, or "debanked" for political or ideological reasons, according to the Wall Street Journal.
The US Attorney’s Office for the District of Columbia, led by Jeanine Pirro, has reportedly issued subpoenas to several major banks, including JPMorgan Chase, Bank of America, and Wells Fargo. Investigators are seeking information on account closures, customer offboarding decisions, and internal records explaining why...
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Oct 20, 2026 / Tyler Durden
US Nears Russia Deal To Free Detained Americans, Witkoff En Route To Moscow
US Nears Russia Deal To Free Detained Americans, Witkoff En Route To Moscow
ABC and The New York Times are reporting that multiple Americans detained in Russia could soon be free as part of a major Trump deal with Moscow.
Negotiations are said to be in the final stages, with Special Envoy Steve Witkoff set to be in Moscow on Wednesday. And so a major announcement and release could happen by the time he leaves the Russian capital later the same day.
via PBSStephen Hubbard, an American who is accused of fighting as a mercenary for...
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Apr 6, 2026 / Tyler Durden
Slower EV Sales Will Be The "New Normal" For Tesla Amidst AI, Robotics Push
Slower EV Sales Will Be The "New Normal" For Tesla Amidst AI, Robotics Push
Tesla Inc. is increasingly betting its future on AI, autonomy and robotics — but it still depends on selling cars to finance that shift, and that core business is under pressure, Bloomberg reported this week.
Wall Street estimates point to roughly 372,160 vehicle deliveries last quarter. That would mark an 11% increase from a weak year-ago period, yet still place among Tesla’s softer recent results and far below its near-500,000 peak quarters. Earlier headwinds — including political...
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Jun 16, 2026 / Dave DeCamp
Iran’s Military Warns of ‘Harsh Response’ If Israel Continues Attacks in Lebanon
The Iranian military’s Khatam al-Anbiya Central Headquarters on Tuesday called for Israel to halt its continued attacks in Lebanon, warning there would be a “harsh response” if it doesn’t. The headquarters said in a statement that Israel has violated the ceasefire deal between the US and Iran, which calls for an end to Israel’s war […]
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