jetcityimage/iStock Editorial via Getty Images Dollar General (NYSE:DG) agreed to pay a $12M fine and improve safety conditions as part of a settlement with the U.S. Department of Labor. The settlement is to resolve alleged violations that included unsafe storage, blocked emergency exits and fire extinguishers, and inaccessible electrical panels.Continue Reading
Chris Hondros/Getty Images News Citigroup (NYSE:C) was ordered to pay $135.6M to two U.S. regulators for failing to make sufficient progress in remediating problems with data quality management, the Federal Reserve Board and the Office of the Comptroller of the Currency said on Wednesday. The bank was fined for violatingContinue Reading
Joe Hendrickson/iStock Editorial via Getty Images The Consumer Financial Protection Bureau ordered Fifth Third Bank (NASDAQ:FITB) to pay $20M in penalties in addition to compensating ~35,000 harmed consumers, including ~1,000 who had their cars repossessed, for a range of alleged illegal practices, the regulator said on Tuesday. Fifth Third (FITB)Continue Reading
LewisTsePuiLung/iStock Editorial via Getty Images JPMorgan Chase’s (NYSE:JPM) Marianne Lake said customers should be prepared to pay for their bank accounts, a Wall Street Journal report stated. Lake, who is the CEO of Consumer & Community Banking in the firm and runs the Chase Bank, said the bank is alreadyContinue Reading
The California Civil Rights Department has reached a $14.4M settlement with Microsoft (NASDAQ:MSFT) to resolve allegations of discrimination in compensation related to the use of protected leave under state and federal civil rights laws, the agency said Wednesday. In a complaint filed by the agency against Microsoft (MSFT), the departmentContinue Reading
primeimages UBS analysts came up with a list of high-quality stocks — compared to their peers — that pay a dividend that seems unlikely to be cut. Analysts forecast a 21.8% probability of a dividend cut across regions and sectors, but U.S. stocks have the lowest probability of a dividendContinue Reading
Arturo Holmes/Getty Images Entertainment Salesforce (NYSE:CRM) shareholders voted against the pay package for top executives, amid concerns over equity awards granted to CEO Marc Benioff. Around 404.8M votes at the annual shareholder meeting were against the compensation plan, an exchange filing showed, while nearly 339.3M votes were in favor. Benioff’sContinue Reading
The EU is set to charge Facebook’s parent Meta (NASDAQ:META) with breaking the bloc’s landmark digital rules, the Financial Times reported on Monday. In March, the European Commission launched a non-compliance probe against Apple (AAPL), Alphabet’s (GOOGL) (GOOG) Google and Meta Platforms (META) for potential violations under the Digital MarketsContinue Reading
panida wijitpanya Meta Platforms (NASDAQ:META) will consider blocking all news content from Facebook in Australia if the government forces it to pay licensing fees to media outlets to display links, in line with the decision it took in Canada that implemented a similar law. “All options are on the table,”Continue Reading
Scott Olson/Getty Images News The National Football League has lost an antitrust trial over its NFL Sunday Ticket broadcast package, and has been ordered to pay about $4.7B in damages, an amount that could be tripled under antitrust law, according to media reports. A class of football-fan plaintiffs had accusedContinue Reading
