Visa, the big name in payments, is making a move into the crypto space. They're letting US banks use a type of digital money called USDC to settle transactions. This USDC is built on something called the Solana blockchain. Two banks, Cross River Bank and Lead Bank, are already on board to try out th
Japan is stepping into the digital currency arena with a new yen-denominated stablecoin. This isn't just any digital currency; it's designed for big players in the financial world. Startale Group and SBI Holdings have teamed up to make this happen. The plan is to create a stablecoin that's fully re
A legal battle that shook the world of stock car racing came to an end. NASCAR agreed to make team charters permanent. This change affects how teams earn money and compete. The fight started when Michael Jordan's 23XI Racing and Front Row Motorsports sued NASCAR. They accused the racing series of ac
A long legal battle between NASCAR and two racing teams, 23XI Racing and Front Row Motorsports, has finally come to an end. The dispute was about the charter system, which is like a franchise in other sports. It guarantees teams certain revenues and entry into all major races. The teams accused NAS
San Diego's city leaders have decided to pay $30 million to the family of Konoa Wilson, a 16-year-old who was shot and killed by a police officer. This is a huge amount of money, even more than what Minneapolis paid to George Floyd's family after his death in 2020. On January 28, Konoa was running
A recent deal has been struck in Colorado that affects how transgender students can participate in high school sports. The Colorado High School Activities Association (CHSAA) has agreed not to punish certain schools and districts for their policies on transgender athletes. This comes after a lawsuit
Cincinnati recently made headlines by agreeing to pay $8. 1 million to protesters who broke a curfew during the 2020 George Floyd protests. This decision has sparked debate about the implications of such settlements. Critics argue that it sets a dangerous precedent, encouraging others to disregard c
Starbucks is in trouble. The city of New York just made them pay a huge fine. This is because they did not treat their workers fairly. The fine is $39 million. This is the biggest fine like this in New York City's history. The problem was about work schedules. Starbucks did not give their workers s
Starbucks is in hot water after a big settlement. They have to pay $35 million to over 15, 000 workers in New York City. This is the largest settlement of its kind in the city's history. The issue? Starbucks was accused of not giving workers stable schedules and cutting hours without warning. Worke
Northwestern University has settled a dispute with the federal government. They will pay $75 million. This deal ends a long investigation. The government had accused the university of unfair treatment. They also froze the school's federal funds. The settlement requires Northwestern to change some p
