Vests used for decades in military-type training are now popular with middle-aged women and other power walkers. What does the research say? https://t.co/JzHUwzseHH ...

Ukraine’s war has been a forcing house of military innovation. We explain how “video-game incentives” are being used to increase the armed forces’ efficiency in fighting the Russian invasion https://t.co/dnXyJHTrgUPhoto: Alamy https://t.co/ObdShssboV ...

The U.S., Australia and Japan have expanded joint training exercises as Beijing flexes its military power in the Pacific https://t.co/Zs4Lm9hNgT ...

Core Viewpoint - The Consumer Financial Protection Bureau (CFPB) and FirstCash have reached a settlement regarding alleged violations of the Military Lending Act (MLA), which includes financial penalties and compliance requirements [1][2]. Group 1: Settlement Details - FirstCash and its 18 subsidiaries are required to set aside $5 million for redress and pay a $4 million fine to the CFPB's victims relief fund [2]. - The proposed order, if entered by the court, mandates compliance with the MLA moving forward [2]. Group 2: Allegations and Legal Background - The CFPB's lawsuit, filed in November 2021, accused FirstCash of violating the MLA by charging interest rates exceeding the maximum allowable annual percentage rate of 36%, requiring arbitration for disputes, and failing to provide necessary loan disclosures [3]. - Rohit Chopra, the CFPB's director at the time of the lawsuit, characterized FirstCash as a repeat offender that exploited military families [4]. Group 3: Company Response and Future Plans - FirstCash's CEO expressed satisfaction with the settlement, stating the company disagrees with the CFPB's allegations but believes settling is the best course of action [5]. - As part of the settlement, FirstCash plans to introduce a new pawn lending product specifically for U.S. military members and their families, ensuring compliance with the MLA [4].

Core Viewpoint - FirstCash Holdings, Inc. has reached a settlement with the Consumer Financial Protection Bureau (CFPB) regarding alleged violations of the Military Lending Act, which includes financial compensation and the introduction of a new pawn lending product for military members and their families [1][2]. Group 1: Settlement Details - The settlement is subject to final court approval and includes an estimated consumer redress of $5 million to $7 million for affected customers, along with a $4 million fine to the CFPB victims relief fund [2]. - The financial impact of the settlement will be reflected in the Company's GAAP financial results for the second quarter of 2025 [2]. Group 2: Company Overview - FirstCash operates over 3,000 retail pawn stores in the U.S. and Latin America, focusing on serving cash and credit-constrained consumers [3]. - The pawn segments in the U.S. and Latin America account for approximately 80% of annualized segment earnings, with the remainder coming from its subsidiary, AFF, which provides lease-to-own and retail finance solutions [3]. Group 3: Market Position - FirstCash is a component of both the Standard & Poor's MidCap 400 Index and the Russell 2000 Index, with its common stock traded on Nasdaq [4].

Ukrainian President Volodymyr Zelenskiy said the US resumed shipping military aid to Ukraine, which was unexpectedly put on halt last week (translation via AP) https://t.co/4WeFz8cMyI https://t.co/0ttGo4jpR6 ...

The “Six Triple Eight” was sent to England in 1945 to clear a monstrous backlog of undelivered mail for American service members: some 17 million individual pieces of mail. One of the unit's last surviving members has died. https://t.co/jgthWDEAWn ...

Ukrainian President Volodymyr Zelenskiy said the US resumed shipping military aid to Ukraine, which was unexpectedly put on halt last week https://t.co/T3flbdWeuB ...

Ukraine said it has blasted a gas pipeline in western Siberia that feeds military production facilities in three Russian regions https://t.co/QACAcxWonO ...

There's Tesla Inc. TSLA, and then there's the Tesla that flies — and it might just be Archer Aviation Inc. ACHR.As defense chatter ramps up over the Trump administration’s defense push, investors are starting to zero in on next-generation military technology. High on that radar: drone fleets, autonomous logistics and electric vertical takeoff and landing aircraft (eVTOLs). Archer checks all three boxes — and it's already in motion.While most retail eyes are on traditional defense contractors, the smarter tr ...