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Vale Could Face $7 Billion Fine in Wake of Dam Collapse

Brazilian mining giant Vale could face a close to $7 billion fine if convicted of colluding with safety auditors to hide unsafe conditions at the dam that collapsed and killed more than 180 people near Brumadinho......»»

Category: topSource: wsjMar 2nd, 2019

Vale may face $7B fine over audit of mining dam that preceded collapse, WSJ says

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.....»»

Category: blogSource: theflyonthewallMar 1st, 2019

U.S. airlines seek $50 billion coronavirus bailout to avoid collapse

Major U.S. airlines sought a government bailout of more than $50 billion as the White House is urgently drafting a financial assistance package in the wake of the steep falloff in U.S. travel demand sparked by the coronavirus pandemic......»»

Category: topSource: reutersMar 16th, 2020

Facebook-FTC deal means a $5B fine for social network, but not much on face for users

Facebook’s $5 billion settlement with the FTC is a done deal, but what will it mean for users? Not much will change for .....»»

Category: topSource: usatodayJul 24th, 2019

Will Vale Face Manslaughter Charges After Brazilian Dam Disaster?

Vale shares were down handily on Tuesday after a Brazilian Senate committee announced that it recommends indicting Vale in a deadly dam collapse that occurred in late January. The committee also........»»

Category: blogSource: 247wallstJul 2nd, 2019

Goldman Could Face $9 Billion Fine Over 1MDB Scandal, Rival Bank Says

So much for "a few bad apples." Goldman Sachs' decision to underwrite three extremely lucrative bond offerings for doomed Malaysian Sovereign Wealth Fund 1MDB will almost certainly end up costing the bank many mult.....»»

Category: blogSource: zerohedgeMar 1st, 2019

SIG cuts Wells Fargo price targets in the wake of billion-dollar fine

SIG analyst Jack Micenko on Monday cut his estimates for per-share earnings for Wells Fargo & Co. in the wake of the Friday announcement that the b.....»»

Category: topSource: marketwatchApr 23rd, 2018

Why Google"s $5 billion dollar fine didn"t move Alphabet stock

CNNMoney's Paul La Monica explains how strong earnings expectations can bolster tech stocks even in the face of negative headlines......»»

Category: videoSource: cnnJul 18th, 2018

Why Google"s $5 billion fine didn"t move Alphabet stock

CNNMoney's Paul La Monica explains how strong earnings expectations can bolster tech stocks even in the face of negative headlines......»»

Category: videoSource: cnnJul 19th, 2018

Hedge funds hit by Qualcomm-NXP deal collapse

Hedge funds betting Qualcomm would succeed in a $44 billion bid for NXP Semiconductors face steep losses after the deal fell through - taking the shine off a strong start to the year for many funds......»»

Category: topSource: reutersJul 26th, 2018

Italy weighs cost of bridge response

Italy's government has opened an investigation into the country's biggest toll-road operator, hours after saying it could face a heavy fine or lose its concession over a bridge collapse that killed at least 38 people. Ivor Bennett reports......»»

Category: videoSource: reutersAug 17th, 2018

Vale post-disaster stock plunge erases $14 billion in market cap

Brazilian miner Vale SA's shares plunged on Monday, wiping out nearly 52 billion reais ($13.84 billion) in market value, after a tailing dam collapse on Friday killed at least 60 people......»»

Category: topSource: reutersJan 28th, 2019

Vale stock plunges after Brazil disaster; $19 billion in market cap erased

Brazilian miner Vale SA's shares plunged on Monday, wiping out 71.34 billion reais ($18.96 billion) in market value, after a tailing dam collapse on Friday killed scores of people less than four years after a similar disaster......»»

Category: topSource: reutersJan 28th, 2019

Vale stock plunges after Brazil disaster; $19 billion in market value lost

Brazilian miner Vale SA's shares plunged on Monday, wiping out 71.34 billion reais ($18.96 billion) in market value, after a tailing dam collapse on Friday killed scores of people at one of its mines, less than four years after a similar disaster......»»

Category: topSource: reutersJan 28th, 2019

Facebook may face multi-billion-dollar FTC fine in privacy probe: report

Facebook Inc. could end up paying a record-setting fine as it negotiat.....»»

Category: topSource: marketwatchFeb 14th, 2019

BHP In $25B Settlement; 5E Advanced Materials Begins Boric Acid Production; GoldMining Reduces Crucero Royalty And More: Monday"s Top Mining Stories

5E Advanced Materials Begins Boric Acid Production; Vale And BHP's $24.88 Billion Settlement; GoldMining Reduces Crucero Royalty And More: Monday's Top Mining Stories read more.....»»

Category: blogSource: benzingaApr 29th, 2024

Fujifilm Diosynth adds 680 more jobs, $1 billion to North Carolina expansion

The biotechnology company is surging its presence in Wake County by adding hundreds of jobs and investing an additional $1.2 billion at a massive facility......»»

Category: topSource: bizjournalsApr 11th, 2024

"Trench warfare": Food companies fight for customers amid port closure

Baltimore food companies have revamped how they import and export goods in the wake of the bridge collapse and port closure. From soybean farmers to coffee importers, here's how companies are adapting......»»

Category: topSource: bizjournalsApr 10th, 2024

Meta Hit With Record 1.2bn Euro FineĀ 

Meta has been issued a record 1.2 billion euro fine ($1.3 billion) by a European Union privacy regul.....»»

Category: topSource: redherringApr 10th, 2024

If Everything Is Going To Be Just Fine, Why Do The Shortages Just Keep Getting Worse?

If Everything Is Going To Be Just Fine, Why Do The Shortages Just Keep Getting Worse? Authored by Michael Snyder via The Economic Collapse blog, They keep telling us that ec.....»»

Category: smallbizSource: nytMay 20th, 2021

SCOTT GALLOWAY: Divorce brings you face-to-face with your flaws and is seen as an admission of failure. It needs a rebranding.

"Seattle's second-wealthiest divorcing couple will be fine, as money is the modern world's shock absorber," writes Galloway. .....»»

Category: dealsSource: nytMay 14th, 2021