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Bridgestone fined $425 Million For Price Fixing

The U.S. Department of Justice today announced that Bridgestone Corp has agreed to plead guilty to charges related to automotive industry price fixing. The company will pay a $425 million fine for colluding to artificially raise prices on certain rubber …

Here’s What Texting While Driving Will Cost You in the US Here’s What Texting While Driving Will Cost You in the US
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If you’re caught texting while driving, the fine you could be forced to pay varies wildly depending on which US state you’re in when you’re caught in the act. According to a handy map compiled by Mother Jones, the lowest …

JPMorgan Refunds $389 Million to Customers for Ill-Suited Credit Card Practices JPMorgan Refunds $389 Million to Customers for Ill-Suited Credit Card Practices

JPMorgan Chase & Co. have had coarse week that has cost them well over $1 billion in fines and refunds. Only hours following the announcement of admission in the London Whale trade devastation, which cost the bank $920 million in …

Wentworth Miller Shares Important Personal News

Female fans of the popular hit series Prison Break may be letting out a collective sigh of disappointment this evening as Wentworth Miller has announced the reason behind his decision not to attend the St. Petersburg International Film Festival as …

Square Pays $507K Fine for Operating without Proper License in Florida Square Pays $507K Fine for Operating without Proper License in Florida

Mobile payments company Square has agreed to pay a fine in the state of Florida for operating without the proper licensing. Square entered a payment of $507,000 to Florida‚Äôs Office of Financial Regulation on July 24th, after the Office found …

NASDAQ Fined $10 Million For Botched Facebook IPO NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s …

Google Fined $190K For Wi-Fi Data Collection In Germany Google Fined $190K For Wi-Fi Data Collection In Germany

Google is still taking heat and being fined over the Wi-Fi data collection fiasco that took place between 2008 and 2010. This morning, Bloomberg reports that a German regulator has fined the company 145,000 euros ($189,230) over the debacle. From …

AT&T Fined $700,000 by the FCC Over Plan-Switching AT&T Fined $700,000 by the FCC Over Plan-Switching

The U.S. Federal Communications Commission this week issued an Enforcement Bureau consent decree stating that AT&T has agreed to pay $700,000 to the U.S. Department of Treasury to “resolve complaints that the company switched certain consumers to its mandatory monthly …

European Commission Fines Microsoft Another $1.35B

"Ouch" doesn’t quite cover it.  The European Commission has fined Microsoft $1.35 billion (in addition to previous penalties) for not abiding by a 2004 antitrust ruling.