BRUSSELS, Sept 10 (Reuters) - Alphabet's (GOOGL.O), opens new tab Google on Tuesday lost its fight against a 2.42 billion euro ($2.7 billion) fine levied by EU antitrust regulators seven years ago, one of a trio of hefty fines meted out to the company for various anti-competitive practices.
The European Commission fined the world's most popular internet search engine in 2017 for using its own price comparison shopping service to gain an unfair advantage over smaller European rivals.
A lower tribunal had endorsed the EU competition enforcer's decision in 2021, prompting Google to appeal to the Luxembourg-based Court of Justice of the European Union. [Read More...]
Whaleco, Inc., which operates the online marketplace Temu, will pay $2 million to resolve allegations that it violated the INFORM Consumers Act of 2023, by failing to provide consumers with required information and tools to help them avoid and report stolen, counterfeit, or unsafe goods while shopping online.
The Food and Drugs Authority (FDA) has ordered an immediate suspension of the manufacture of Tasty Tom Enriched Tomato Mix, citing serious health and safety breaches at the production facility of Nutrifoods Ghana Limited. 
A recent exposé on fast-fashion retailer H&M alleges that the company’s environmental promise is undermined by greenwashing.
Delta Air Lines (DAL.N) has asked a federal judge to toss a proposed class action lawsuit accusing the U.S. carrier of misleading consumers by touting itself as carbon-neutral.
A former Mozambique finance minister pleaded not guilty on Thursday to U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies. Manuel Chang entered his plea before U.S. District Judge Nicholas Garaufis in Brooklyn. Chang had been extradited on Wednesday from South Africa, where he was arrested in December 2018 on U.S. charges of conspiring to commit wire fraud, securities fraud and money laundering.
U.S. genetic testing company Illumina (ILMN.O) was fined a record 432-million-euro ($476 million) by the EU on Wednesday for closing its takeover of cancer test maker Grail (GRAL.O) before securing EU antitrust approval. Illumina has been fighting the EU competition watchdog on several fronts since it was forced to seek its approval in 2021 despite the deal falling short of the EU turnover threshold for scrutiny.
A contract staff of one of the major banks [name withheld] in Ghana has been arrested by the security agencies for allegedly stealing close to GH¢1.2million from customers' bank accounts. He used two months to move the said amount from the various customers' bank accounts in a branch of the bank located at Osu in Accra.
Millions of people in Louisiana and Oregon have had their data compromised in the sprawling cyberattack that has also hit the US federal government, state agencies said late Thursday.
Several US federal government agencies have been hit in a global cyberattack by Russian cybercriminals that exploits a vulnerability in widely used software, according to a top US cybersecurity agency.
U.S. federal prosecutors will have greater leeway to decline to prosecute companies that self-report criminal matters and cooperate with government investigations, the Justice Department said on Tuesday.
It was touted as the future of finance. Today, the world of cryptocurrencies is in disarray. The fallout from the catastrophic collapse of crypto exchange FTX is spreading, and a so-called "crypto winter," which has dragged on for months, shows no signs of letting up. The value of bitcoin is down almost 70% from its all-time high hit on November 2021.
Dec 19 (Reuters) - U.S.-based manufacturer Honeywell International Inc (HON.O) on Monday said it has agreed to pay about $200 million to settle criminal and civil corruption investigations in the United States and Brazil.