Search Results for: US Justice Department
Justice Department Sues to Block Halliburton’s Acquisition of Baker Hughes
April 7th, 2016
Merger would eliminate significant head-to-head competition in oilfield services industry The Department of Justice filed a civil antitrust lawsuit today seeking to block Halliburton Company’s proposed acquisition of Baker Hughes Inc., alleging that the transaction threatens to eliminate competition, ...
Justice Department asks judge to revisit NY iPhone case
March 8th, 2016
The U.S. Justice Department on Monday sought to overturn a ruling which protects Apple from unlocking an iPhone in a New York drug case. A magistrate judge in Brooklyn last week ruled that the Justice Department could not compel ...
VW faces tougher Justice Department while GM and Toyota settled criminal charges without pleading guilty
February 8th, 2016
Government making `big deal’ of company’s emissions cheating GM, Toyota settled criminal charges without pleading guilty No one has died from the emissions-cheating software Volkswagen AG has admitted it installed in some of its cars, yet the U.S. Justice ...
Justice Department Announces Two Banks Reach Resolutions under Swiss Bank Program
July 10th, 2015
Banque Pasche SA Will Pay $7.229 Million Penalty and ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue to Cooperate With Department of Justice The Department of Justice announced today that two banks, Banque Pasche SA and ARVEST ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
Toyota to settle Justice Department probe over unintended acceleration
March 19th, 2014
The Justice Department is set to announce as soon as Wednesday a billion-dollar agreement with Toyota to settle a federal probe of the automaker’s handling of customer complaints related to unintended acceleration, people familiar with the deal said. The ...
European stocks steady as focus turns to ECB decision, earnings
April 14th, 2022
European stocks were little changed as investors focused on the corporate earnings season as well as the European Central Bank’s meeting for cues on the path of monetary policy. The Stoxx Europe 600 Index was up less than 0.1% ...
Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries
April 15th, 2021
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by ...
The world’s most-used cryptocurrency isn’t Bitcoin
October 4th, 2019
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in ...
Wrong handling of user data may cost up to $5B for Facebook
April 25th, 2019
Facebook said Wednesday it expects to shell out between $3 billion and $5 billion to settle the FTC’s ongoing investigation into its handling of user data, foreshadowing a potentially massive penalty from the nation’s top consumer protection agency. The ...
