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.
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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.
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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.
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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
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Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
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The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
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Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
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The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
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Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
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The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
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Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
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Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
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NBA star Terry Rozier was arrested in Orlando in October during a sweeping FBI crackdown in which 34 defendants were charged across two federal indictments.
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Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson in December 2024, returned to court Monday for a pretrial hearing. CBS News legal contributor Caroline Polisi joins with analysis.
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Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.