The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable prices than its competition. Walmart is the unnamed retailer, people familiar with the matter told CNBC. The FTC alleges Pepsi violated the Robinson-Patman Act, which bars sellers from…
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment…
A group of high powered investors want to raise billions to form a new international basketball league, according to…
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan…
Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct…
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping —…
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and…
Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks…
The election of Donald Trump in November and a swing back to Republican power in Washington is already starting to make…