Walmart Inc. ( WMT ) shares are trading lower on Monday. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the company and Branch Messenger over concerns regarding junk fees. Here’s what you need to know. The Details: The CFPB has alleged that Walmart ( WMT ) and Branch Messenger forced drivers to open deposit accounts filled with junk...

02:35 PM EST, 12/23/2024 (MT Newswires) -- (Updates with Walmart's ( WMT ) response in the third paragraph.) The Consumer Financial Protection Bureau said Monday it has sued Walmart ( WMT ) and Branch Messenger for allegedly forcing delivery drivers to use costly deposit accounts to get paid. The regulator also said the companies deceived workers about how they could...

02:34 PM EST, 12/23/2024 (MT Newswires) -- Meta Platforms ( META ) intends to launch Ray-Ban smart glasses with displays as early as H2 2025, the Financial Times reported Monday, citing people familiar with the plans. The screens will likely display notifications or responses from Meta's virtual assistant, according to the people. The company is also accelerating the development of...

OTTAWA, Dec 23 (Reuters) - Canada's antitrust regulator said on Monday it was suing Rogers Communications Inc ( RCIAF ) for allegedly misleading consumers about offering unlimited data under some phone plans. The Competition Bureau has filed an application with the Competition Tribunal seeking Rogers stop misleading advertising, pay a penalty and issue restitution to the impacted wireless phone plan...