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SoftBank To Give WeWork"s Adam Neumann Extra $50M As Part of Settlement Deal
WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»
Sinclair to pay record $48 million fine over failed Tribune deal, other FCC probes
Sinclair Broadcast Group has agreed to pay a $48 million fine to the Federal Communications Commission as part of a settlement to close three pending investigations, including one related to the company's failed acquisition of Tribune Media Co. Hunt V.....»»
Rolls-Royce scraps dividend and withdraws financial guidance
U.K. engine maker Roll- Royce said it is no longer recommending a final shareholder payment of 7.1 pence per share, which will save it £137 million, and that is withdrawing its financial.....»»
Apple to pay up to $500 million as part of throttling settlement
According to court documents, Apple agreed to settle to avoid litigation and court costs. Apple would pay U.S. customers as much as $25 per iPhone......»»
Rolls-Royce reports $1.1 billion operating loss on Trent 1000
British aerospace engineer Rolls-Royce reported a 2019 operating loss of 852 million pounds ($1.11 billion), after the cost of tackling durability problems on its Trent 1000 engine eclipsed record engine deliveries and a good after-market performance......»»
Record $4 billion Airbus fine draws line under "pervasive" bribery
Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with France, Britain and the United States......»»
USA Gymnastics offered to pay Larry Nassar survivors an estimated $250,000 each — their attorney says the settlement is "DOA"
AP Photo/Paul Sancya On Thursday, USA Gymnastics offered to pay Larry Nassar survivors $215 million as a part of a plan to emerge out of bankruptcy. The USA Gymnastics settlement.....»»
Airbus bribery charges unveiled as part of EUR3.6B settlement, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Bribery allegations exposed as Airbus agrees to pay record $4 billion fine
European planemaker Airbus bribed public officials and hid the payments as part of a pattern of corruption that led to a record $4 billion bribery settlement with France, Britain and the United States, French prosecutors said on Friday......»»
CNN agrees to record $76M settlement over labor dispute
CNN has agreed to pay $76 million in backpay as part of a record settlement with the federal labor boar.....»»
BMW says it sold 2.52 million BMW, Mini and Rolls-Royce vehicles in 2019
BMW said it sold 2.5.....»»
BMW says it sold 2.52 million BMW, Mini and Rolls-Royce vehicles in 2019
BMW said it sold 2.52 million BMW, Mini and Rolls-Royce vehicles in 2019, making it the best-selling premium car group, ahead of rival Daimler ......»»
Nashville General part of $120 million drug settlement
In a class-action lawsuit led by Nashville General Hospital, a pharmaceutical company and its distributor have agreed to pay $120 million to settle claims of price fixing, among other accusations. New Jersey-based distributor Sandoz Inc. will pay $.....»»
Uber is paying $4.4 million to settle federal charges that workers experienced a "culture of sexual harassment and retaliation" (UBER)
Drew Angerer/Getty Images Uber will pay $4.4 million into a fund to compensate employees who suffered sexual harassment while working at the company. The payment is part of a settlement by Uber that resolves sex discrimination charges bro.....»»
In or out?: Millions of Arizonans affected by Equifax breach must decide now
WASHINGTON – As many as 3 million Arizonans whose personal data may have been exposed in a 2017 data breach have to decide by Nov. 19 whether to be part of a settlement with Equifax for that breach. They can opt out of the settlement now and res.....»»
Rolls-Royce takes another $1 billion hit to fix problem engine
The bill to fix Rolls-Royce's Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs......»»
Lumber Liquidators discloses $30 million settlement of class-action suit over bamboo flooring
Lumber Liquidators Holdings Inc. disclosed Wednesday it will pay up to $30 million as part of a settl.....»»
Mallinckrodt stock surges after agreement to pay $24 million to Ohio counties as part of opioid litigation settlement
Shares of Mallinckrodt PLC surged 4% in premarket trading Monday, after the.....»»
Mallinckrodt to pay $24 million to Ohio counties as part of opioid litigation settlement
Mallinckrodt PLC said Monday it reached a settlement agreeme.....»»
Liz Taylor"s "Green Goddess" 1961 Rolls Royce goes for $520K in auction
Liz Taylor's classic Green Goddess Rolls Royce sells for about half a million dollars in auction......»»