Government fines Citigroup $136 million for failing to fix longstanding internal control issues – The Associated Press
NEW YORK (AP) — Two government regulators on Wednesday fined Citigroup $135.6 million for failing to resolve long-running internal control and risk problems, a major blow to the bank’s CEO, Jane Fraser, who has staked her career on making Citi leaner and less complex. The penalties were imposed by the Federal Reserve and the Office […]
NASCAR Fines Bubba Wallace $50K for Ramming Alex Bowman in Chicago
NASCAR has fined racer Bubba Wallace $50,000 for intentionally crashing his car into opponent Alex Bowman’s car during Sunday’s Chicago street race. During the cool-down lap, Wallace accelerated hard to the left, causing Bowman’s car to blast off and bounce into the wall. Bubba Wallace was fined $50,000 for a post-race incident with Alex Bowman. […]
Sacramento city attorney reportedly told Target it could face fines for reporting crimes
The Sacramento, California, City Attorney’s Office has reportedly threatened to fine the popular retailer for public nuisance after multiple thefts occurred at the Land Park store and numerous calls to police. The Sacramento Bee reported that a person with knowledge of the warnings, who asked not to be identified for fear of retaliation, warned that […]
Elon Musk’s X could see major fines in Europe amid tech firm crackdown
Elon Musk’s social media site X faces a hefty fine for failing to police dangerous content, the latest in a crackdown by European Union regulators on big tech companies. The committee announced in December that it would investigate X over the spread of illegal content and misinformation linked to the war between Israel and Hamas. […]
Meta charged with violating Europe’s landmark tech competition law, faces billions in fines
Meta was accused on Monday of violating Europe’s sweeping technology competition law by forcing a restrictive “pay or consent” model on customers for advertising on Instagram and Facebook, intensifying a long-running dispute over user privacy. Billionaire Mark Zuckerberg’s company drew the ire of regulators last year when it launched a subscription service that gave users […]
Hundreds of modern-day hippies known as ‘Rainbow Family’ ordered to leave California forest — or face fines
Goodbye! Hundreds of modern-day hippies, who form a community known as “Rainbow Families,” are being forced out of campgrounds in California’s national forests under threat of fines and prison time. The U.S. Forest Service on Wednesday ordered about 500 unauthorized campers to leave Plumas National Forest within 48 hours or face fines of up to […]
English fans face fines over ’10 German Bombers’ chant
British authorities have suggested that fines could be issued to football fans who sing offensive songs during the 2024 UEFA European Football Championships in Germany. The country has warned traveling fans that they could be fined if they sing songs deemed offensive abroad. BBCAuthorities suggested that if fans refused requests to stop, it could be […]
California fines Amazon $6M for alleged violations of warehouse quota law at 2 warehouses in the state
See what’s clicking on FoxBusiness.com The California Labor Commission has fined Amazon a total of $5.9 million for violating state law by overworking warehouse workers and endangering their safety. The two complaints, issued in May, allege that Amazon.com Services LLC violated the state’s warehouse quota law at facilities in Riverside and San Bernardino counties, the […]
Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations – PYMNTS.com
Toronto Dominion Bank (TD Bank) reportedly faces fines of up to $4 billion in connection with a money laundering investigation in the United States. The analyst estimates that Jefferies Financial Group That’s double the previous estimate, highlighting the severity of the potential impact on Canada’s second-largest bank. report Wednesday (June 5th). The allegations include instances […]
WNBA upgrades hard foul on Caitlin Clark, fines Angel Reese for skipping postgame interview
Following a tough game against the Indiana Fever on Sunday, Chicago Sky guard Chennedy Carter’s foul was upgraded and rookie forward Angel Reese was disciplined by the WNBA. Carter received a common foul for a hip check on Fever rookie Caitlin Clark, but the foul was upgraded to a Flagrant 1 violation after a league […]