DAYTON, Ohio – NCR announced yesterday the Internal Revenue Service has approved the pending spin-off of its Teradata data warehousing subsidiary as a tax-free transaction. The IRS ruling sets the stage for the spin-off of Teradata to NCR shareholders on a one-to-one share basis. The spin-off is scheduled to take place Sept. 14. Teradata will trade on the NYSE under the symbol TDC.
The Federal Communications Commission proposed a $4.5 million fine against Voxbeam Telecommunications, which it accused of facilitating fraud scams. Many of the calls spoofed phone numbers belonging to American banks.
New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.
The Cincinnati bank's Newline business is now its fastest growing commercial payments segment.
United Wholesale Mortgage lost ground to RKT in one category but held onto a healthy lead in another, an analysis of Home Mortgage Disclosure Act data shows.
After French authorities stopped a bomb plot against a Bank of America office in Paris, security experts warned banks to step up their preparations for terror attacks.
The largest crypto theft of 2026 hit Drift Protocol after attackers exploited a small security council, putting a spotlight on DeFi vulnerabilities.
