JEFF KOWALSKYGetty Images General Motors, defending itself against a report that claimed federal investigators were looking at the company’s involvement with the United Auto Workers in a corruption probe, said the U.S. attorney’s office in Detroit has confirmed it is “not a target.” A spokesperson for the U.S. attorney’s office …
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Wells Fargo & Co. will pay $ 3 billion to settle U.S. investigations into more than a decade of widespread consumer abuses under a deal that lets the scandal-ridden bank avoid criminal charges. The deferred-prosecution agreement with the Department of Justice spares the company a potential conviction that can create …
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Wells Fargo & Co. is poised to pay roughly $ 3 billion to settle federal investigations into a range of consumer abuses that were rampant at the bank for years, according to a person with direct knowledge of the matter. The Department of Justice and Securities and Exchange Commission may …
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The U.S. Department of Justice has reportedly dropped an inquiry that had launched last September, soon after BMW, Ford, Honda, and Volkswagen announced their decision to side with California’s emissions rules. When the federal Clean Air Act went into effect in 1970, California was allowed to set its own emissions …
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