Latest Corporate investigations News

Trading halted in Portugal energy firm amid corruption probe

Jul. 6, 2020 1:57 PM EDT

LISBON, Portugal (AP) — The Lisbon stock exchange suspended trading in Portugal’s national energy provider EDP and its international renewable energy division Monday after media reports said a magistrate had suspended the chief executives of both companies amid a major corruption investigation. The...

Indiana woman gets 3 years for stealing $540K from employer

Jun. 26, 2020 10:48 AM EDT

INDIANAPOLIS (AP) — An Indianapolis woman has been sentenced to three years in federal prison after pleading guilty to stealing more than a half million dollars from a small business and using the money to buy jewelry and pay for trips to Aruba. Kenya Dake, 51, was sentenced Thursday to a 37-month prison...

Boeing investigating racist incident at Everett plant

Jun. 24, 2020 6:48 PM EDT

SEATTLE (AP) — A Black manager at Boeing’s Everett jet assembly plant found racist symbols on his desk Tuesday, prompting Boeing to begin an internal investigation and report the incident to police. Boeing Commercial Airplanes CEO Stan Deal reacted with a message to all 65,000 employees in his...

Mining company Glencore discloses investigation by Swiss AG

Jun. 20, 2020 6:47 AM EDT

FRANKFURT, Germany (AP) — Mining and commodities marketing company Glencore says it has been informed that it is under criminal investigation by Switzerland's attorney general in connection with alleged corruption in Congo. The company said in a statement Friday that the attorney general was investigating...

FILE - In this Dec. 3, 2018, file photo, a vehicle rests in front of a home leveled by the Camp Fire in Paradise, Calif. A grand jury investigation into the 2018 wildfire that killed 85 people in Northern California, wiping out a town, found that Pacific Gas & Electric repeatedly ignored warnings about its failing power lines in the area, performed inadequate inspections and ignored pleas from employees about deteriorating equipment. (AP Photo/Noah Berger, File)

Profits over safety: Utility blamed in fire that killed 85

Jun. 16, 2020 7:03 PM EDT

SAN FRANCISCO (AP) — A scathing grand jury report released Tuesday after a 2018 Northern California wildfire killed 85 people found that Pacific Gas & Electric officials repeatedly ignored warnings about its failing power lines, performed inadequate inspections to focus on profits and refused to learn...

FILE - In this Saturday, March 14, 2020 file photo, an Apple logo adorns the facade of the downtown Brooklyn Apple store in New York. Apple’s new iPad brings PC-like trackpad capabilities for the first time, as the company seeks to make its tablet even more like a laptop computer. Apple says the trackpad will offer more precision than fingers in selecting text and switching between apps.  (AP Photo/Kathy Willens, File)

EU authorities open twin Apple antitrust investigations

Jun. 16, 2020 12:12 PM EDT

LONDON (AP) — European Union regulators opened two investigations on Tuesday into Apple's mobile app store and payment platform over concerns its practices distort competition, opening a new front in the EU's battle against the dominance of big tech companies. The EU's executive Commission said it formally...

File – This Feb. 13, 2012, file photo shows a Cabot Oil Gas Corp. wellhead in Dimock, Pa. Federal government scientists are collecting water and air samples in the first week of August 2017 from about 25 homes in Dimock, Pa., a tiny, rural crossroads about 150 miles north of Philadelphia that became a flashpoint in the national debate over fracking, to investigate ongoing complaints about the quality of the drinking water. Cabot Oil Gas Corp. was charged Monday, June 15, 2020, following a grand jury investigation that found the company failed to fix faulty gas wells in Dimock and surrounding communities that leaked methane into residential water supplies. (AP Photo/Matt Rourke, File)

Driller charged over contamination in 'Gasland' town

Jun. 15, 2020 6:00 PM EDT

An energy company faces felony charges that it polluted residential water wells in a Pennsylvania community that has long been a battleground in the national debate over natural gas drilling and fracking. Houston-based Cabot Oil & Gas Corp. was charged Monday following a grand jury investigation that found...

FILE - This Tuesday, July 16, 2013, file photo shows signage at eBay headquarters in San Jose, Calif. Six former eBay Inc. employees were arrested and charged Monday, June 15, 2020, with waging an extensive campaign to terrorize and intimidate the editor and publisher of an online newsletter with threats and disturbing deliveries to their home, including live spiders and cockroaches. (AP Photo/Ben Margot, File)

Feds: eBay staff sent spiders, roaches to harass couple

Jun. 15, 2020 5:55 PM EDT

Six former eBay Inc. employees have been charged with waging an extensive campaign to terrorize and intimidate the editor and publisher of an online newsletter with threats and disturbing deliveries to their home, including live spiders and cockroaches, federal authorities said Monday. Executives were upset about...

Ukraine's Anti-Corruption Prosecutor Nazar Kholodnytsky, left, and National Anti-Corruption Bureau chief Artem Sytnik at a pile of USD 6 million in plastic bags during a briefing in an anti-corruption prosecutor's office in Kyiv, Ukraine, Saturday, June 13, 2020. Ukrainian authorities say they have intercepted a USD 6 million bribe attempt at dropping a criminal investigation against the head of the Burisma natural gas company where former US Vice President Joe Biden's son once held a board seat. (AP Photo/Efrem Lukatsky)

Ukraine: Bribe in probe of gas chief; unrelated to Bidens

Jun. 13, 2020 10:00 AM EDT

MOSCOW (AP) — Ukrainian authorities said Saturday they intercepted an attempt to offer a $6 million bribe in return for the dropping of a criminal investigation into the head of a natural gas company where the son of former U.S. Vice President Joe Biden once held a board seat. At a news conference, during...

Stenehjem orders debt relief company to stop doing business

Jun. 11, 2020 3:58 PM EDT

BISMARCK, N.D. (AP) — North Dakota Attorney Wayne Stenehjem said Thursday he has ordered a student debt relief company to issue refunds to consumers and stop doing business in the state until it meets licensing requirements. Stenehjem's office started an investigation into California-based Students Loan...