Latest Corporate investigations News
Coal company compliance over wage bonds under investigation
FRANKFORT, Ky. (AP) — Kentucky Attorney General Andy Beshear says his office will investigate whether coal companies are posting performance bonds intended to secure employee wages. News outlets report Blackjewel LLC hadn't posted the bond with the Kentucky Labor Cabinet when it filed for bankruptcy July...
LA Opera to investigate Placido Domingo over accusations
SAN FRANCISCO (AP) — Two music companies canceled appearances by Placido Domingo and the Los Angeles Opera said Tuesday it would launch an investigation in response to an Associated Press story in which numerous women accused the opera legend of sexual harassment and inappropriate behavior spanning...
Former executive sues Tinder, claims sex assault by ex-CEO
LOS ANGELES (AP) — A former executive at the dating site Tinder sued the company and its former CEO on Monday alleging he sexually assaulted her and the company fired her in retaliation for her complaint. Rosette Pambakian said in the lawsuit filed in Los Angeles Superior Court that former Match Group and...
ABC executive withholding judgment on the 'The Rookie'
BEVERLY HILLS, Calif. (AP) — ABC Entertainment President Karey Burke said Monday she is withholding judgment on the fate of "The Rookie" pending an investigation into co-star Afton Williamson's claim that she endured sexual misconduct and racism during the show's production. The actress posted online...
Connecticut launches investigation into vaping health claims
HARTFORD, Conn. (AP) — Connecticut launched an investigation Wednesday into the marketing practices of Juul Labs, becoming the latest state to probe the vaping product manufacturer's health claims and appeal to young people. State Attorney General William Tong said his probe is part of a national effort to...
How major US stock indexes fared Thursday
Stocks retreated from record highs set a day earlier as large companies delivered weak earnings reports and disappointing forecasts. Technology stocks sustained the steepest declines throughout the day Thursday. Digital payments company PayPal slid after cutting its revenue forecast. Facebook dropped after the...
Markets Right Now: Stocks retreat from latest record highs
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks retreated from record highs set a day earlier as large companies delivered weak earnings reports and disappointing forecasts. Technology stocks sustained the steepest declines throughout the day Thursday....
$5 billion fine doesn't mark the end of Facebook's troubles
Facebook will pay a $5 billion fine for privacy violations and will be subject to broader oversight, but ongoing probes in Europe and the U.S. could present even bigger headaches for the company. The FTC fine is by far the largest the agency has levied on a technology company. The settlement also comes with...
Privacy case settled, Facebook discloses FTC antitrust probe
SAN FRANCISCO (AP) — Facebook says it is under antitrust investigation by the Federal Trade Commission. The company made the announcement just hours after the agency slapped it with a record $5 billion fine and new oversight on its privacy practices. Facebook said Wednesday that it was informed of the...
Justice Dept. puts Big Tech under the antitrust microscope
WASHINGTON (AP) — Like Europe before it, the U.S. government looks ready to try reining in its technology giants. But doing so may be more difficult than it seems. On Tuesday, the U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online...
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