The Daily Populous

Regulators are fining Bank of America $225 million for bungling the distribution of unemployment benefits amid the pandemic, and are ordering the bank to compensate more than 100,000 people in a dozen states as a result.

The Consumer Financial Protection Bureau also fined Bank of America an additional $100 million, accusing it of "botching the disbursement of state unemployment benefits at the height of the pandemic.".

The bank helped "issue more than $250 billion in pandemic unemployment benefits to more than 14 million people and overall distributed more pandemic relief to Americans than any other bank," the spokesperson said. »

A new report from Business Insider Poland paints a grim picture for CD Projekt: the company's value has cratered by over 75% since just before the launch of Cyberpunk 2077.

A business that once boasted a market capitalisation of over 40 billion Polish złoty—briefly becoming the most valuable games company in Europe —is now worth less than zł10 billion.

This is despite Cyberpunk 2077 selling almost 14 million copies in 2020 alone. »

The grouping, officially called I2U2, first convened last October with a virtual meeting of foreign ministers.

In October, I wrote in South Asia Brief that I2U2 will face three tests: strategy, sustainability, and substance.

This is a long-shot objective for I2U2, given China’s strengthening commercial cooperation with both Israel and the UAE. »

Federal prosecutors are seeking a 15-year prison sentence for the Texas man who was convicted of storming the U.S. Capitol with a holstered handgun.

The longest sentence so far is five years and three months for Robert Palmer, a Florida man who pleaded guilty to attacking police officers at the Capitol. U.S. District Judge Dabney Friedrich is scheduled to sentence Reffitt on Aug. 1. »