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Honda Agrees to Pay More Than $605m in Compensation for Defective Takata Airbags

Sep 5, 2017

Japanese automaker Honda Motor has agreed to pay a compensation of $605m related to the Takata airbag issue in the US. The settlement covers more than 16.5 million vehicles in the country, for installing potentially faulty airbag ...

Tags: Honda Motor, Takata airbag

US to Investigate Toyota, BMW, Honda, Others for Alleged Patent Violations

May 3, 2017

The US will start an investigation into whether thermoplastic components used in various German and Japanese vehicle models sold in the country violate its patent laws. The US International Trade Commission (USITC) has voted to institute ...

Tags: thermoplastic components, electric motors

German Authorities Raid Audi Offices in Dieselgate Probe

Mar 28, 2017

German authorities have raided Audi’s offices and homes of several officials over the emissions test cheating scandal by its parent firm Volkswagen. The authorities allege that Audi engineers and managers might have installed the ...

Tags: German, Audi

Volkswagen Close to $4.3bn US Settlement Over Diesel Emissions

Jan 16, 2017

Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...

Tags: Volkswagen, Diesel Emissions

ConAgra to Pay $11.2m Fine to Settle Peanut Butter Case

Dec 16, 2016

ConAgra Grocery Products, a subsidiary of ConAgra, has agreed to pay a fine $11.2m to resolve a decade long peanut butter case related to a countrywide outbreak of salmonella in the US. The company has pleaded guilty of shipping ...

Tags: ConAgra, Peanut Butter

Williams-Sonoma Launches Chocolate Collaboration with Anthony Bourdain and Eric Ripert

Nov 30, 2016

Williams-Sonoma announced the exclusive launch of a chocolate collaboration between Eric Ripert and Anthony Bourdain called the Good & Evil Chocolate Bar. Inspired by the friendship and personalities of Eric Ripert and Anthony Bourdain, ...

Tags: Williams-Sonoma, Chocolate

Supreme Court Grills Apple, Samsung Over Value of Design Patents

Oct 12, 2016

Even the US Supreme Court justices were a little befuddled over what to do with the legal saga between Apple and Samsung. The two largest phone makers in the world squared off in the highest court in the land Tuesday over the value of ...

Tags: US Supreme Court, Apple, Samsung

Salford Trader to Pay GBP25k for Selling Fake and Counterfeit Frozen and Spiderman Toys

Sep 28, 2016

Thousands of dangerous and counterfeit toys were seized from Smartway Imports in who pleaded guilty to seven offences relating to unsafe toys. A Salford-based company has been fined almost £25,000 for selling fake and counterfeit ...

Tags: fake and counterfeit toys, Smartway Imports

Amazon Fined GBP65k for Trying to Ship Batteries That Could an 'Explosion'

Sep 27, 2016

Amazon has been found guilty of shipping dangerous goods by air, and now has to cough up serious cash in penance. A UK court has ordered Amazon to pay £65,000 in fines after the online retailer tried to transport flammable aerosols ...

Tags: Amazon, CAA, explosion

Lessons to Be Learnt From UK Food Fraud

Apr 21, 2016

There are some serious lessons to be learnt for businesses in the food industry when examining a unique case of food fraud out of the UK this week. Facts of the fraudulent scenario The guilty culprit, Yakub Moosa Yusuf, was sentenced to ...

Tags: UK Food Fraud

Rubicon Comments on Director Nominations From Paragon Technologies

Apr 20, 2016

Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has confirmed that investment firm Paragon Technologies Inc of Easton, PA, USA, ...

Tags: Rubicon, Sapphire substrates, Paragon Technologies

Omron Pleads Guilty In Automotive Component Bid Rigging Case, To Pay $4.6m Fine

Mar 22, 2016

Japanese Omron Automotive Electronics (OAE) has agreed to plead guilty and pay $4.6m fine for its involvement in rigging bids for power window switches in Honda Civics, the US department of justice (DoJ) said. The justice department said ...

Tags: OAE, Bid rigging case

PM Announces Effects Test’Is To Come

Mar 18, 2016

Australian prime minister Malcolm Turnbull has today announced that the ‘effects test’ will be introduced into the Australian Competition and Consumer Act. Introducing the test will change Section 46 of the Competition and ...

Tags: PM, Effect test, ACCC, Consumer Act

Chinese Man Acquitted of Murder Receives State Compensation

Dec 29, 2015

A Chinese court granted a man who spent more than 11 years behind bars after a false murder conviction 1.27 million yuan (200,000 U.S. dollars) in state compensation on Monday. Citing insufficient evidence, the Xiangtan Intermediate ...

Tags: Acquitted, State Compensation

Former Chinese University President Sentenced to Life in Prison

Dec 29, 2015

The former president of a key university in east China's Jiangxi Province was sentenced to life in prison on Tuesday for bribery and embezzlement of public funds. Zhou Wenbin was found guilty of accepting cash and gifts worth more than 21 ...

Tags: Former Chinese University President, Sentenced

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