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to Pay $2.25m to End DOJ Identity-Theft Case","url":"https://stock-news.laohu8.com/highlight/detail?id=2659123179","media":"Dow Jones","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2659123179?lang=en_us&edition=fundamental","pubTime":"2026-08-15 01:03","pubTimestamp":1786726980,"startTime":"0","endTime":"0","summary":"The Justice Department said Amazon.com would pay a $2.25 million civil penalty to resolve allegations that it failed to give identity-theft victims requested transaction records involving potential perpetrators.A federal judge has entered a stipulated order resolving allegations that Amazon violated the Fair Credit Reporting Act by failing to provide records of transaction records involving believed to have fraudulently used victims' identification either at all or at least within 30 days of a request.The order imposes a $2.25 million civil penalty and requires Amazon to provide those records, free of charge, within 30 days of a request, subject to verification of the victims' identity and claim of identity theft.Amazon has also been ordered to post a notice on its website showing identity-theft victims how they can request those records.The case was investigated and referred to the Justice Department by the Federal Trade Commission. The FTC disclosed the settlement earlier this 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Burry Raises Short Positions Against Oracle, Micron, and Nebius","url":"https://stock-news.laohu8.com/highlight/detail?id=1179608629","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1179608629?lang=en_us&edition=fundamental","pubTime":"2026-08-15 01:01","pubTimestamp":1786726909,"startTime":"0","endTime":"0","summary":"‘The Big Short’ investor Michael Burry is increasing his bets against AI infrastructure boom, shorting more shares of Oracle (ORCL), Micron Technology (MU), and Nebius Group (NBIS). He predicts 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The index's blended net margin reached 15.7% in the second quarter of 2026, the highest that FactSet has recorded since 2009. Post-tax corporate profits now run about 12.4% of U.S. gross domestic product, well above the long-run average of 7.3%. Investors are underwriting these levels as the new normal.Some companies deserve the praise and attention that investors are giving them. The question is which ones, because growing margins alone don't tell us much.When margins expand, we should ask what else moved. 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