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Irish bank PTSB fined £2.3m by ECB for liquidity breaches
Irish PermanentTuesday August 29, 2017 5:54AM ET
The European Central Bank has fined Republic of Ireland bank Permanent TSB (PTSB) 2.5m euros (£2.3m) for falling short of the ECB's liquidity requirements.
Samsung heir appeals against prison sentence
Samsung heir LeeTuesday August 29, 2017 4:14AM ET
Lee Jae-yong was found guilty of involvement in multi-million dollar bribery scandal by Seoul court.
Volkswagen engineer sentenced to 40-month prison term in diesel case
James LiangSaturday August 26, 2017 7:13AM ET
A federal judge in Detroit sentenced former engineer James Liang to 40 months in prison for his role in Volkswagen AG's multiyear scheme to sell diesel cars that generated more pollution than U.S. clean air rules allowed.
Samsung's Lee sentenced to 5 years in prison
Samsung LeeFriday August 25, 2017 3:56AM ET
A lower court in Seoul sentenced Samsung Electronics Vice Chairman Lee Jae-yong to five years in prison Friday, finding him guilty of bribery, embezzlement and other charges in a massive corruption scandal that led to the ouster of former President Park Geun-hye.
CFPB and American Express reach resolution to address discriminatory card terms
CFPBThursday August 24, 2017 6:13AM ET
The Consumer Financial Protection Bureau (CFPB) took action against two American Express banking subsidiaries for discriminating against consumers in Puerto Rico, the U.S. Virgin Islands, and other U.S. territories by providing them with credit and charge card terms that were inferior to those available in the 50 states.
German ship company and corporate vessel owner indicted for falsification of pollution records
Mineralien SchiffarhtWednesday August 23, 2017 8:56AM ET
A federal grand jury in Portland, Maine, returned a nine-count indictment charging MST Mineralien Schiffarht Spedition Und Transport GmbH (MST) and Reederei MS Marguerita GmbH & Co. Geschlossene Investment KG (Reederei) with failing to keep accurate pollution control records and falsifying records, the Justice Department announced.
Johnson & Johnson to pay $417 million in trial Baby Powder cancer risks
Baby PowderMonday August 21, 2017 3:55PM ET
Johnson & Johnson was ordered by a California jury to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene.
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