Every few years, the European Banking Authority (EBA) holds up a mirror to the banking sector, asking a straightforward yet critical question: “What if?” The 2025 EU-wide stress test is no different—but this time, the stakes feel particularly high.
When it comes to managing hazardous waste, there's no room for error. After all, we're talking about materials that can seriously harm both people and the planet if not handled properly. But for years, Stericycle, a major player in waste management, was repeatedly caught in a web of regulatory missteps. Now, after a lengthy investigation, the Department of Justice (DOJ) and Environmental Protection Agency (EPA) have stepped in, announcing a $9.5 million settlement to hold the company accountable for its violations of the Resource Conservation and Recovery Act (RCRA).
It was a mistake that left a lot of people scratching their heads. Around 300,000 Honda and Acura drivers found themselves wrongly flagged as delinquent on their credit reports, despite having done nothing wrong. The culprit was a misstep by the American Honda Finance Corporation (Honda Finance), which has now been hit with a hefty $12.8 million penalty by the Consumer Financial Protection Bureau (CFPB).
The Securities and Exchange Commission (SEC) isn’t exactly easing into fiscal year 2025—it’s hitting the ground at a full sprint. With 200 enforcement actions logged between October and December 2024, including 118 standalone cases, the agency is making one thing clear: no stone is being left unturned in its mission to protect investors and uphold market integrity. October alone set a blistering pace, with 75 actions filed, marking the busiest single month since the turn of the millennium.
On January 17, 2025, the EU takes a significant step towards fortifying the financial sector’s ability to weather the storm of today’s digital and cyber risks with the official rollout of the Digital Operational Resilience Act (DORA). This isn’t just another regulation—it’s a bold response to the growing recognition that the financial sector’s resilience is now as important as its profitability.
For the residents of Artesia, New Mexico, clean air has been a long time coming. Years of living in the shadow of HF Sinclair Navajo’s refinery—grappling with elevated benzene levels and smog-inducing emissions—have taken their toll on a community already bearing more than its fair share of pollution. But now, thanks to a recent settlement brokered by the Department of Justice (DOJ), the Environmental Protection Agency (EPA), and the New Mexico Environment Department (NMED), there’s a renewed promise of relief.
For many consumers, credit reports are the gatekeepers of opportunity. They determine whether someone can buy a home, secure a loan, or even get a job. But what happens when that gatekeeper stumbles—repeatedly? Enter Equifax, one of the nation’s largest credit reporting agencies, now facing a $15 million civil penalty from the Consumer Financial Protection Bureau (CFPB) for its botched handling of consumer disputes.