Potential Capital One, Discover merger
Shareholders for Capital One and Discover are voting on a proposed merger that could shift the credit card industry. CBS MoneyWatch correspondent Kelly O'Grady reports.
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Shareholders for Capital One and Discover are voting on a proposed merger that could shift the credit card industry. CBS MoneyWatch correspondent Kelly O'Grady reports.
President Trump signed a series of executive orders at Capitol One Arena in Washington, D.C., hours after his inauguration ceremony in front of a crowd of cheering supporters. Trump froze federal hiring, withdrew from the Paris Climate Agreement and more.
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The partnership between the two companies has ended, but card-holders can still use their Capital One Walmart Rewards cards.
A potential merger between Capital One and Discover Financial Services is sparking antitrust concerns. The two firms are the fourth and sixth largest companies issuing credit cards to American consumers. Lucinda Shen, financial technology reporter for Axios, joins CBS News to discuss what the agreement could mean for consumers and the economy.
Capital One said it will buy Discover Financial Services for $35 billion, a deal that would bring two of the nation's biggest credit card companies together.
Capital One's $35 billion purchase of Discover would create a credit card and payments giant but is expected to draw heavy scrutiny from regulators and concern among consumer groups.
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
The retail giant alleges the bank failed to meet the store's customer service standards over a 12-month period.
Bank of America is reducing its $35 overdraft fee to $10 and Capital One is offering free overdraft protection as U.S. banks come under pressure from federal regulators to cut those fees.
The move comes as regulators threaten to crack down on banks that rely too heavily on such penalties for revenue.
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Credit-card issuers are increasingly reducing credit limits because they're worried about the solvency of American consumers.
A new app is designed to keep drivers from getting distracted while behind the wheel. Samsung has launched an Android app called "Eyes on the Road." If you're driving 12 miles per hour or more, the app will hide all phone calls, texts, and social media notifications. Wendy Gillette has the latest MoneyWatch headlines.
Credit card issuer failed to protect customer data before moving some tech services to the cloud, regulator says.
More than 100 million Capital One credit card customers and applicants across the U.S. and Canada have been affected by a massive data breach. The company said a Seattle woman is under arrest. She is accused of stealing personal information from credit card applicants. Anna Werner reports.
Capital One worked with law enforcement officials to catch the suspect accused of hacking into the bank's system and accessing the personal financial details of more than 100 million Americans. CBS correspondent Anna Werner joins CBSN to explain what consumers need to know.
A hacker broke into Capital One and made off with enough personal information to steal the identities of more than 100 million people in the U.S. and Canada. Anna Werner explains who did it and how you can protect yourself.
Many Capital One customers were unable to access their funds on Friday as the bank experienced a widespread outage
Account holders hit a wall when they tried to access their accounts, but bank said it has solved the issue
The former Amazon software engineer accused of hacking Capital One is a flight risk, U.S. prosecutors said
Federal prosecutors said much of the data does not appear to contain personal identifying information
Lawmakers want to know how an alleged hacker accessed information for more than 100 million consumers
Locking down your credit reports is the best way to stop criminals from misusing your data — and it's free
The Iran war could escalate further as President Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
President Trump said White House chief of staff Susie Wiles will "continue doing the job she loves" even while undergoing treatment for early stage breast cancer.
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Border Patrol official Gregory Bovino was pulled away from a high-profile role leading immigration raids in major U.S. cities, including Minneapolis, earlier this year.
The latest blackout in Cuba comes over a week after another massive outage affected the island's west, leaving millions without power.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said .
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Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Border Patrol official Gregory Bovino was pulled away from a high-profile role leading immigration raids in major U.S. cities, including Minneapolis, earlier this year.
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In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Hyundai's announcement came after a child died in an incident involving a Palisade vehicle, which the car maker said is still under investigation.
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Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
Border Patrol official Gregory Bovino was pulled away from a high-profile role leading immigration raids in major U.S. cities, including Minneapolis, earlier this year.
President Trump said White House chief of staff Susie Wiles will "continue doing the job she loves" even while undergoing treatment for early stage breast cancer.
In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
Rep. Dan Crenshaw, whose term as representative of Texas' 2nd congressional district is set to end following his loss in the Republican primary earlier this month, appeared on "Face the Nation with Margaret Brennan" on Sunday.
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The latest blackout in Cuba comes over a week after another massive outage affected the island's west, leaving millions without power.
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In remarks ahead of a meeting with the Kennedy Center board of trustees, Mr. Trump provided an update on the ongoing conflict with Iran.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
The operation marks the latest joint show of force against drug cartels in the South American country.
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The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
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NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
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Closing arguments are expected to begin on Monday in Kouri Richins' murder trial. She's accused of giving her husband a deadly dose of fentanyl four years ago before she later published a children's book about grief. The case included 13 days of testimony, but the defense did not call any witnesses. If convicted, Richins could face life in prison.
The suspect was responsible for transporting Oseguera's romantic partner to a luxurious cabin, the defense ministry said.
The operation marks the latest joint show of force against drug cartels in the South American country.
Jocelyn Peters, a beloved third grade teacher in St. Louis, Missouri, was shot to death in her sleep. The crime scene held an unusual clue – something one detective says he had never seen before.
Suspect Christian Barrios, 32, shot two people multiple times Friday night, St. Johns County Sheriff Rob Hardwick said.
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President Trump is pushing for allies to help reopen the Strait of Hormuz, but NATO support likely won't come easy. New York Times global affairs correspondent Anton Troianovski joins CBS News to discuss.
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