Google fined $1.7 billion for blocking rival online search advertisers, in third EU sanction
Google was fined €1.49 billion ($1.7 billion) on Wednesday for blocking rival online search advertisers, in the third large European Union antitrust penalty for the Alphabet business in two only years. The European Commission, which said the fine accounted for 1.29 percent of Google's turnover ...
Online firms may face EU fine if extremist posts stay up over an hour
The European Union's chief executive on Wednesday proposed hefty fines on Google, Facebook, Twitter and other online platforms if they fail to remove extremist content within one hour. Brussels gave internet firms three months in March to show they were acting faster to take down ...
Nomura, RBS ordered to pay $806 million over U.S. mortgage sales
A U.S. district court on Friday ordered Nomura Holdings Inc. and the Royal Bank of Scotland to pay a collective $806 million over sales of defective residential mortgage-backed securities in the United States that led to the financial crisis in 2008. The order follows a ...
California drought water curbs upped to 35%; sanctions, fines eyed
California's cities and towns would be required to cut their water usage by up to 35 percent or face steep fines under proposed new rules released Tuesday, the state's first-ever mandatory cutbacks in urban water use amid ongoing drought. Communities that already use very little ...
Honda to pay $70 million to U.S. for failure to report deaths, injuries
Honda Motor agrees to pay $70 million in penalties to the U.S. government for failing to report hundreds of injuries, deaths and other consumer claims involving its cars.
The Abe administration and ruling parties are considering raising the maximum fine for poaching by foreigners in Japanese territorial waters and exclusive economic zones to ¥30 million, government and party sources said Tuesday. The move comes as several ships, thought to be of Chinese origin, ...
