MoneyWatch

Morgan Stanley fined $35 million for failing to protect customer data

Securities regulators are fining Morgan Stanley $35 million after its wealth management division failed to protect the personal information for 15 million customers.  Staffers at Morgan Stanley Smith Barney had been keeping customer data on company-managed computer servers and hard drives dating back to 2015, the Securities and Exchange Commission said Tuesday. …

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“No locks on the doors”: Twitter whistleblower tells Senate of security gaps

Twitter’s former security chief painted the social media company as a data-grabbing behemoth that risks exploitation by “teenagers, thieves and spies” in testimony before the Senate Judiciary Committee on Tuesday. “Twitter leadership is misleading the public, lawmakers, regulators and even its own board of directors,” Peiter Zatko said in his …

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Oberlin College to pay $37 million to local bakery after students alleged racism

Ohio’s Oberlin College on Thursday said it will pay nearly $37 million to a local bakery that sued the school for libel following a 2016 shoplifting incident involving three Black students. The Ohio Supreme Court last month declined to hear Oberlin’s appeal of a lower-court ruling ordering the college to pay …

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CVS Health fires nurse over her anti

A nurse practitioner from northern Virginia is suing CVS Health, alleging she was fired for refusing to provide abortion-inducing drugs at the retailer’s MinuteClinic medical facilities.  Paige Casey is asking for $100,000 in damages, including back pay, according to the suit, which was filed Wednesday in Prince William County Circuit …

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Ford’s electric pickup truck will now cost at least $46,974

Ford Motor has increased the price of its electric pickup truck by thousands of dollars “due to significant material cost increases and other factors,” the Michigan automaker said Tuesday.  The basic model for the F-150 Lightning, called the Lightning Pro, will now start at $46,974, up nearly $7,000 from its …

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USDA cracking down on salmonella in chicken products

The federal government on Monday announced proposed new regulations that would force food processors to reduce the amount of salmonella bacteria found in some raw chicken products or risk being shut down. The proposed U.S. Department of Agriculture rules would declare salmonella an adulterant — a contaminant that can cause …

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Former NFL star Drew Brees buys stake in pro pickleball team

One of the greatest NFL players to ever toss a pigskin is now the majority owner of a professional pickleball team. Retired New Orleans Saints quarterback Drew Brees has joined the ownership group of the Austin, Texas, Mad Drops, the team announced Thursday. The Mad Drops’ minority owners also include …

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Celsius touted itself as better than a bank. Now the crypto firm is filing for bankruptcy.

Celsius Network filed for bankruptcy protection on Wednesday after a “crypto winter” — or crash — that decimated the value of digital currencies including bitcoin and ethereum. The company said most accounts will continue to be “paused until further notice.” Celsius is the third crypto-related firm to file for bankruptcy …

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Dallas Cowboys face backlash after partnership with gun

The Dallas Cowboys sparked criticism on social media after announcing a marketing agreement with a gun-themed coffee company that sells blends called “AK-47 Espresso,” “Silencer Smooth” and “Murdered Out.” The football team unveiled its partnership with the Black Rifle Coffee on Tuesday, one day after more than a half-dozen people …

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Google tells U.S. workers they can move to states where abortion is legal: report

Technology giant Google says workers who live in parts of the country where abortion is no longer legal after the Supreme Court overturned Roe v. Wade may relocate to states where their rights are protected, no questions asked, according to reports. Google’s health insurance will also cover the cost of …

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