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Facebook CEO Mark Zuckerberg testified during FTC antitrust inquiry
Facebook (NASDAQ: FB) CEO Mark Zuckerberg testified during a hearing conducted by the Federal Trade Commission (FTC) as part of its investigation into whether the social network giant violated antitrust…
By – Marivic Cabural SummersLatest news
Kevin Clinesmith pleads guilty to altering email in Russia probe
On Wednesday ex-FBI attorney Kevin Clinesmith pleaded guilty to one count of falsifying a government document. Clinesmith was…
By Jackie AllenTD Bank to pay $122M to settle CFPB complaint over its alleged illegal overdraft practices
TD Bank agreed to pay a total of $122 million to settle a complaint by the Consumer Financial…
By Marivic Cabural SummersEli Global Founder Greg Lindberg Sentenced to Prison in Bribery Case
Greg Lindberg, the Founder of private equity firm Eli Global and owner of Global Bankers Insurance Group (GBIG)…
By Marivic Cabural SummersScotiabank to pay $127.4M to settle charges related “massive” spoofing scheme
The Bank of Nova Scotia (operating as Scotiabank) agreed to pay a total of $127.4 million to settle…
By Marivic Cabural SummersTeva allegedly used charitable foundations to funnel illegal kickbacks to Medicare patients
Teva Pharmaceuticals (NYSE: TEVA) is facing another legal challenge, less than a year after reaching a global settlement…
By Marivic Cabural SummersWhiting petroleum brings in new leadership as part of Ch 11 reorganization
Whiting Petroleum (NYSE: WLL) will have a new CEO and a new board when it emerges from Chapter…
By Jackie AllenIllinois Mayor Louis Presta latest charged in red-light camera scandal
Crestwood, Illinois, Mayor Louis Presta, 69, was indicted on bribery and fraud charges Aug. 7, by the U.S. District…
By Jackie AllenCenturylink faces enforcement action for violating anti-competitive deal with DOJ
The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms…
By Marivic Cabural SummersFormer McDonald’s CEO Steve Easterbrook fights for his severance
Ex-CEO Steve Easterbrook, 53, responded to McDonald’s lawsuit that aims at taking back his separation package. When he…
By Jackie AllenFormer Hertz CEO Mark Frissora charged with aiding and abetting disclosure failures
The Securities and Exchange Commission charged former Hertz Chairman and CEO Mark Frissora for allegedly aiding and abetting…
By Marivic Cabural Summers