Macy's, Amazon and Sears have all agreed to fork over hundreds of thousands of dollars each in fines after the Federal Trade Commission busted them for passing off Rayon fabrics as genuine, environmentally friendly bamboo.
The NFL scandal over bounties has put big money at risk -- not just for the New Orleans Saints, but for the whole league. With so much ad revenue at stake, it's no wonder the NFL is pushing so hard against any offensive behavior.
It's a fundamental principle of human nature: The pain of loss is stronger than the pleasure of gain. So can the pain of potentially losing some cash motivate Americans to keep their commitments to exercise?
Holiday air travelers getting ready to head to the airports may want to prepare for long delays. But government fines for keeping you waiting too long may lead some airlines to just cancel some flights instead.
The government recouped a staggering $4 billion in fiscal 2010 that was stolen from federal health care programs, the departments of Justice and Health and Human Services announced Monday -- the highest annual amount ever. More than half of the fraud money recovered came from drug companies.
Verizon was today fined a record $25 million by the Federal Communications Commission and agreed to refund an additional $52.8 million to customers to settle allegations that the largest U.S. mobile-phone company overcharged customers for data fees.
Office Depot has agreed to pay $1 million to settle Securities and Exchange Commission charges that it improperly disclosed key financial information to only a few analysts and shareholders. The CEO and former CFO also will pay $50,000 each.
American Airlines was hit with a record $24.2 million fine by the Federal Aviation Administration on Thursday for failing two years ago to comply with mandatory safety rules.
The Foreign Corrupt Practices Act makes it illegal for companies to pay foreign officials to get or retain business, and the U.S. government has been stepping up FCPA enforcement actions: More than three times as many FCPA cases were brought in 2009 than were filed in 2005.
