Latest Corporate investigations News

'We all feel it': Bikers mourn 7 of their own killed on road

Jun. 22, 2019 11:11 PM EDT

RANDOLPH, N.H. (AP) — Investigators pleaded Saturday for members of the public to come forward with information that could help them determine why a pickup truck hauling a trailer collided with a group of 10 motorcycles on a rural highway, killing seven bikers. The crash in remote northern New Hampshire...

FBI searches home of Metro chair amid grand jury probe

Jun. 21, 2019 5:10 PM EDT

WASHINGTON (AP) — Federal agents have searched the home of the chair of the Washington, D.C., transit authority, days after he announced his resignation over an ethics violation. Washington Metropolitan Area Transit Authority Chair Jack Evans acknowledged this week that he failed to disclose a conflict of...

Jury awards duck boat crash survivor $4 million in damages

Jun. 12, 2019 6:18 PM EDT

SEATTLE (AP) — A jury has awarded $4 million in damages to a Montana woman for physical and emotional injuries she suffered after being ejected from a duck boat tour vehicle in a crash that killed five college students and injured dozens nearly four years ago. The verdict is believed to be the resolution...

Tech on trial: House mulls antitrust help for news industry

Jun. 11, 2019 5:47 PM EDT

WASHINGTON (AP) — Members of both parties on Tuesday suggested legislation may be necessary for the financially-struggling U.S. news industry as lawmakers began a bipartisan investigation into the market dominance of Silicon Valley companies. At a hearing of the House Judiciary Committee's antitrust panel,...

Kraft Heinz: misstatements not quantitatively material

Jun. 10, 2019 1:33 PM EDT

PITTSBURGH (AP) — Shares of Kraft Heinz are up sharply in the first day of trading since the company said that financial misstatements in revealed last month were not quantitatively material. The Pittsburgh company first said in February that it was being investigated by the Securities and Exchange...

Impoverished French given poor quality meat in fraud scheme

Jun. 7, 2019 1:33 PM EDT

PARIS (AP) — French authorities have launched an investigation into an alleged fraud scheme involving French and Polish companies suspected of providing minced meat of extremely poor quality to charities. France's anti-fraud agency said Friday that the French company that sold 1,500 tons of frozen steaks...

Drug company unit pleads guilty to opioid bribery scheme

Jun. 7, 2019 12:35 PM EDT

BOSTON (AP) — A drug company subsidiary has pleaded guilty to fraud charges stemming from allegations that the manufacturer schemed to bribe doctors to prescribe its highly addictive fentanyl spray. The guilty plea entered in Boston federal court Friday by Insys Therapeutics' operating unit is part of a...

Europe shows challenges for US regulators targeting Big Tech

Jun. 7, 2019 6:42 AM EDT

LONDON (AP) — As U.S. authorities prepare to investigate Silicon Valley's digital giants, they'll look for inspiration — and warnings — from Europe, where regulators have led global efforts to rein in Big Tech with only mixed results. The European Union's executive commission has slapped...

Mexican judge suspends arrest warrant for ex-Pemex head

Jun. 5, 2019 10:42 PM EDT

MEXICO CITY (AP) — A Mexican federal judge has lifted an arrest warrant issued for a former head of the state oil company Petroleos Mexicanos in a corruption investigation, but says he must appear at a hearing. Prosecutors issued the warrant for Emilio Lozoya last month, saying there is evidence linking...

'Pray for this county,' sheriff says after 2 wrecks kill 11

Jun. 5, 2019 9:29 PM EDT

SCOOBA, Miss. (AP) — A Mississippi sheriff is asking for prayers for his community after two wrecks claimed 11 lives in his mostly rural county this week. Three people were killed and several were injured Wednesday in a wreck involving multiple vehicles, including a school bus with no children aboard, on a...