Latest Corporate investigations News

Report: US investigating whether Huawei stole trade secrets

Jan. 16, 2019 5:27 PM EST

WASHINGTON (AP) — The Wall Street Journal reports U.S. prosecutors are investigating whether Chinese tech giant Huawei stole trade secrets from U.S. companies. The newspaper says investigators are looking into whether the company stole technology behind a robotic device that T-Mobile used to test...

Former US Interior boss takes job at investment company

Jan. 14, 2019 8:46 PM EST

BILLINGS, Mont. (AP) — Former U.S. Interior Secretary Ryan Zinke said Monday he's "glad to be out of the swamp" after taking a job at a private investment company in the wake of his resignation and amid unresolved ethics investigations into his actions while in President Donald Trump's Cabinet. North...

House Dems announce sweeping investigation of drug pricing

Jan. 14, 2019 12:42 PM EST

WASHINGTON (AP) — House Democrats announced a sweeping investigation Monday of the pharmaceutical industry's pricing practices, jockeying for the upper hand with the Trump administration on an issue that concerns Americans across the political spectrum. Oversight and Reform Committee Chairman Elijah...

Judge rips attorney as 'unprofessional' in Russia probe case

Jan. 7, 2019 3:41 PM EST

WASHINGTON (AP) — A federal judge on Monday reprimanded an attorney for a Russian company accused of interfering in the 2016 presidential election, saying his references to Looney Tunes and "Animal House" in recent court filings are inappropriate. U.S. District Judge Dabney Friedrich confronted attorney...

Nevada judge shields Wynn documents in Massachusetts review

Jan. 4, 2019 8:23 PM EST

LAS VEGAS (AP) — Documents collected by the Massachusetts Gaming Commission during a review of sexual misconduct allegations involving casino mogul Steve Wynn will remain secret, at least temporarily, under a ruling Friday by a Nevada judge. Commission lawyers, its investigations chief and an attorney for...

For-profit college owner agrees to end $500M in student debt

Jan. 3, 2019 5:36 PM EST

A company that owns two national for-profit college chains said Thursday that it will erase nearly $500 million in debt incurred by former students as part of a settlement with 48 states and the District of Columbia. The deal with Career Education Corporation will resolve allegations that it lied about job...

Filing: Utility could face charges in California wildfires

Dec. 30, 2018 4:21 PM EST

SACRAMENTO, Calif. (AP) — California's attorney general has told a federal judge it's possible the giant utility Pacific Gas & Electric Co. could face charges up to murder if investigators find reckless operation of power equipment caused any deadly wildfires in the past two years. The brief from the...

US investigating CenturyLink internet outage, 911 failures

Dec. 28, 2018 6:25 PM EST

BOISE, Idaho (AP) — U.S. officials and at least one state said Friday that they have started investigations into a nationwide CenturyLink internet outage that has disrupted 911 service. Federal Communications Commission Chairman Ajit Pai called the outage that began Thursday "completely unacceptable"...

South Korea fines BMW $10 million over several engine fires

Dec. 23, 2018 10:52 PM EST

SEOUL, South Korea (AP) — South Korea said Monday it will fine BMW 11.2 billion won ($9.9 million) and file a criminal complaint against the company with state prosecutors over an allegedly botched response to dozens of engine fires reported in the country. South Korea's Transport Ministry its...

CBS denies former CEO Les Moonves $120 million severance

Dec. 18, 2018 2:19 AM EST

NEW YORK (AP) — CBS announced Monday that former CEO Les Moonves will not receive his $120 million severance package after the board of directors concluded he violated company policy and was uncooperative with an investigation into sexual misconduct allegations. The decision, which came after a five-month...