Feds Investigating Chrysler Models for Engine Stalling
U.S. auto safety regulators are investigating complaints that the engines can stall without warning in three Chrysler and Dodge brand cars.
investigation
UPS Agrees to Pay $40M to End Online Pharmacy Probe
Shipping company UPS agreed Friday to pay $40 million to end a federal criminal probe connected to deliveries it made for illicit online pharmacies.
Walmart Says Loss Likely from Bribery Investigation
Walmart says it is likely that it will incur a loss from bribery probes into its operations in Mexico and other countries.
FBI Investigates Potential Insider Trading in Buffett's Heinz Deal
The FBI is looking into alleged insider trading in the options of ketchup maker H.J. Heinz Co before its blockbuster acquisition last week by Warren Buffett and Brazil's 3G Capital. The SEC says traders in Switzerland used a Goldman Sachs account to trade on purported inside knowledge of the transaction.
Goldman Sachs's Great Muppet Caper Comes to an End, For Now
After Greg Smith quit Goldman Sachs in the most public fashion possible -- slamming his employer in the pages of The New York Times -- the firm launched an investigation into his most explosive charge: that employees referred to clients as "muppets" in internal emails.
With Sokol Out, Who's in Line to Succeed Buffett?
David Sokol, widely viewed as the heir apparent to famed investor Warren Buffett, abruptly resigned Wednesday. What investors want to know now is who's still in the running to succeed Buffett as CEO. Here are four possibilities.
HP to Launch Investigation into Hurd's Departure
Hewlett-Packard is planning an independent investigation into the circumstances surrounding the forced resignation of CEO Mark Hurd last year and the compensation package he received. A shareholder lawsuit claims HP's directors wasted company money by awarding Hurd as much as $53 million in severance.
SEC Looking Into Social Networking Giants' Stock Trades
The biggest names in social networking -- Facebook, Twitter, Zynga and LinkedIn -- haven't yet gone public, but their stock does get traded by the very rich on private exchanges. Now, some of those transactions have raised the interest of the Securities and Exchange Commission.
Wellington, Janus Eyed for Possible Insider Trading
Wellington Management has received a document request from federal regulators looking into possible insider trading on the part of money managers with the firm, Bloomberg News reported, citing a person familiar with the process. Janus Capital Group also received such a request.
Feds Probe Honda Fit Over Reports of Failing Headlights
U.S. officials have begun an investigation into 133,000 Honda Fit models in response to consumer complaints about headlights that stopped working. The National Highway Traffic Safety Administration's preliminary investigation involves Fits from the 2007 and 2008 model years.
Google's Street View Banned in Czech Republic
Google's controversial Street View service, which has raised privacy concerns in countries around the world, got the heave-ho from the Czech Republic Tuesday after failing to file for the proper registration to operate in that country.