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Record fines for VW, employees indicted in scandal

Six high-level Volkswagen employees have been indicted, and the company has agreed to pay a record $4.3 billion dollar fine in its diesel emissions-cheating scandal. (Jan. 11)   &.....»»

Category: topSource: usatodayJan 11th, 2017

VW Pleads Guilty in Emissions Scandal; 6 Employees Indicted

Six high-level Volkswagen employees have been indicted by a grand jury in the company's diesel emissions cheating scandal, as the company admitted wrongdoing and agreed to pay a record $4.3 billion penalty.....»»

Category: topSource: abcnewsJan 11th, 2017

Volkswagen Pleads Guilty to Criminal Charges in Emissions Scandal

Six executives and employees were indicted for their roles in the cover-up (WASHINGTON)— Volkswagen is plead.....»»

Category: topSource: timeJan 11th, 2017

Record bribery ruling takes Odebrecht fines to $3.5bn

Latin America’s biggest construction company pleads guilty in Petrobras scandal.....»»

Category: topSource: ftDec 21st, 2016

Wells Fargo Scandal: How Politics Put the CEO’s Job in Jeopardy

Wells Fargo may have thought that firing 5,300 employees and paying $185 million in fines for opening some 1.5 million unauthorized accounts and filing 565,000 credit card applications without customers’ knowledge would make its scandal go away, but in .....»»

Category: topSource: yahooSep 18th, 2016

Wells Fargo scandal explained

2 million fake accounts, 5,300 employees fired, $185 million in fines. Christine Romans explains the Wells Fargo fake accounts debacle......»»

Category: topSource: moneycentralSep 14th, 2016

Wells Fargo seeks to shore up reputation in wake of scandal

Wells Fargo & Co scrapped its product sales goals for retail bankers on Tuesday and may take further disciplinary action against its employees in the wake of a fake account scandal that has already led to $190 million in fines and the firing of 5,300 empl.....»»

Category: topSource: moneycentralSep 13th, 2016

Wells Fargo seeks to shore up reputation in wake of scandal

Wells Fargo & Co scrapped its product sales goals for retail bankers on Tuesday and may take further disciplinary action against its employees in the wake of a fake account scandal that has already led to $190 million in fines and the firing of 5,300 empl.....»»

Category: topSource: moneycentralSep 13th, 2016

Wells Fargo scandal explained

2 million fake accounts, 5,300 employees fired, $185 million in fines. Christine Romans explains the Wells Fargo fake accounts debacle......»»

Category: videoSource: cnnSep 13th, 2016

Pennsylvania casino regulators hand down record fines

Pennsylvania's casino gambling regulators slapped Mohegan Sun Pocono with record fines totaling $1 million for what it called failing to follow internal controls and doing business with unlicensed vendors......»»

Category: topSource: foxnews2 hr. 7 min. ago

Indonesia"s Antigraft Agency Brings Indictment Against Powerful Politician

Setya Novanto, one of Indonesia’s most influential politicians, was indicted Wednesday for his alleged role in what investigators say is a $170 million corruption scandal......»»

Category: topSource: wsj22 hr. 7 min. ago

Trump says fines against Wells Fargo could be increased

WASHINGTON/NEW YORK (Reuters) - President Donald Trump took aim at the third-largest U.S. bank on Friday, writing on Twitter that government fines and penalties against Wells Fargo & Co could be hiked amid an ongoing sales scandal......»»

Category: topSource: reutersDec 8th, 2017

Trump says fines against Wells Fargo won"t be dropped: Twitter

WASHINGTON (Reuters) - U.S. President Donald Trump took aim at the country's third-largest bank on Friday tweeting that government fines and penalties against Wells Fargo & Co could be "substantially increased" amid an on-going sales scandal......»»

Category: topSource: reutersDec 8th, 2017

Trump just tweeted about Wells Fargo and you"ll be surprised

Federal regulators will still pursue fines and penalties against Wells Fargo for its part in a cross-selling banking scandal, President Donald Trump tweeted Friday morning. There had been multiple reports in recent days that the Trump administrat.....»»

Category: topSource: bizjournalsDec 8th, 2017

Bay Area tech companies hire attractive models for parties at a record pace, report says

Bay Area tech companies are paying $50 to $200 an hour per model to have beautiful women attend their parties, chat up the guests and pretend to be friends with their employees, Bloomberg reports. The news service reports that one agency, the Cre8.....»»

Category: topSource: bizjournalsDec 8th, 2017

The Wall Street Journal: Auto makers could face big fines under new European rules

The European Union expanded its powers to police and fine auto makers on Thursday, seeking to prevent a repeat of the diesel-emissions scandal that exposed abuses by the bloc’s manufacturers......»»

Category: topSource: marketwatchDec 8th, 2017

Auto Makers Could Face Big Fines Under New European Rules

The European Union is expanding its powers to police and fine auto makers, seeking to prevent a repeat of the diesel-emissions scandal. It is introducing spot-checks on new vehicles and penalties of up to $35,394 per non-compliant car......»»

Category: smallbizSource: wsjDec 7th, 2017

Auto makers Could Face Big Fines Under New European Rules

The European Union is expanding its powers to police and fine auto makers, seeking to prevent a repeat of the diesel-emissions scandal......»»

Category: smallbizSource: wsjDec 7th, 2017

FEMA Staffers Might Be Billed for Working Too Much

After a record wave of disasters in 2017 and lots of overtime. The Federal Emergency Management Agency has informed employees who've worked extra hours battling a record wave .....»»

Category: europeSource: fortuneDec 5th, 2017

Mapping The Best Employers On The Planet

With the stock market hitting record highs almost every day and unemployment dropping to its lowest level in 17 years, it’s safe to say that skilled employees are now disc.....»»

Category: blogSource: valuewalkDec 4th, 2017

Hong Kong tribunal fines HSBC private bank $51M for Lehman-linked products

A Hong Kong tribunal on Tuesday imposed a record fine of HK$400 million ($51 million) on the private banking unit of HSBC in a case related to the sale of Lehman Brothers-linked structured financial products between 2003 and 2008......»»

Category: topSource: foxnewsNov 21st, 2017