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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

Porsche, Audi lift VW to record underlying profit

WOLFSBURG, Germany (Reuters) - Record Audi and Porsche sales helped Volkswagen swing to a record underlying profit in 2016, although a bigger than expected charge from the diesel emissions scandal meant it missed estimates for its operating profit......»»

Category: topSource: reuters15 hr. 36 min. ago

Wells Fargo Has Fired 4 Senior Executives for Their Role in the Sales Scandal

It's the first firing of high-ranking employees since the scandal erupted in September Wells Fargo fired four senior executives on Tuesday as part of an ongoing probe into the bank’s sales-practices scandal that made headlines last.....»»

Category: topSource: timeFeb 22nd, 2017

Wells Fargo scandal: 4 senior employees fired

Wells Fargo has fired four senior employees during an ongoing probe into the bank's illegal sales practices......»»

Category: topSource: cnnFeb 21st, 2017

Can Uber Weather Sex Harassment Scandal?

Uber needs to conduct a thorough and open investigation and quickly dismiss employees who participated or failed to report sexual harassment, experts say......»»

Category: topSource: msnbcFeb 21st, 2017

Wells Fargo fires 4 senior employees for ties to fake account scandal

Wells Fargo has fired four senior employees amid an ongoing probe into the bank's illegal sales practices......»»

Category: topSource: cnnFeb 21st, 2017

GM"s U.S. Workers to Get $12,000 Checks After Record Profits

Factory employees will get a big bonus, reflecting the automaker's best-ever earnings in North America......»»

Category: topSource: foxnewsFeb 7th, 2017

After front-row seat to crisis, Wall St adviser heads to SEC

Jay Clayton expected to ease rules rather than hand out record fines atop regulator.....»»

Category: topSource: ftFeb 6th, 2017

400 Wells Fargo workers" severance payments held up

Wells Fargo's fake account fiasco is holding up severance payments to more than 400 employees who were recently laid off from the scandal-ridden bank......»»

Category: topSource: cnnFeb 1st, 2017

Wells Fargo Scandal Blocks Severance Pay for Laid-Off Workers

Federal rules intended to restrict golden parachutes limit what payments the bank is permitted to make to fired employees without approval......»»

Category: dealsSource: nytFeb 1st, 2017

VW Is Now the World"s Best-Selling Carmaker, Despite Diesel Scandal and Fines

It's official: Volkswagen became the world's best-selling automaker in 2016, toppling king-of-the-hill Toyota by more than 150,000 vehicles worldwide......»»

Category: topSource: msnbcJan 30th, 2017

CFTC Fines E*TRADE For Allegedly Destroying Customer Records

The U.S. Commodity Futures Trading Commission settled charges against Chicago-based E*Trade Securities LLC , an introducing broker, and E*Trade Clearing LLC, the firm's futures broker-dealer, for record-keeping and supervision violations......»»

Category: topSource: foxnewsJan 26th, 2017

EPA official says Volkswagen diesel scandal deterrent to auto industry

WASHINGTON (Reuters) - The massive fines paid by Volkswagen AG and criminal indictment of seven executives are a "very strong deterrent" to cheating by other automakers, a senior career Environmental Protection Agency official said on Wednesday......»»

Category: topSource: reutersJan 25th, 2017