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Apple Factory Manager Indicted for Stealing Thousands of iPhones
Dec 26, 2016It's never a good idea to steal from work, even when the payload is thousands of iPhones. One now-ex senior manager at Apple supplier Foxconn has reportedly been indicted for stealing and reselling 5,700 iPhones from the Foxconn factory. ...
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ExxonMobil Asks Federal Court to Invalidate New York Attorney General's Subpoena
Oct 25, 2016ExxonMobil today asked a federal court to invalidate a subpoena issued by New York Attorney General Eric Schneiderman, calling investigations by New York and Massachusetts biased attempts to further a political agenda for financial gain. ...
Tags: ExxonMobil
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How Yang Hwa Technology Falsified its Financial Statement
Oct 14, 2015Taiwanese LED chip manufacturer Yang Hwa Technology owner Shih-Hsiung Chan was detained by police on Sept. 11, 2015 for suspected accounting fraud and market manipulation, according to a report by China Times. In mid-June, Chan was ...
Tags: insider trading, Yang Hwa Technology, market manipulation
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Chocolate Price Fixing Charges Dropped Against Mars Canada
Sep 14, 2015Mars Canada can heave a sigh of relief as alleged price fixing charges against the candy distributor have been dropped by Canada’s competition watchdog. The Crown prosecutors had stayed the charges levelled in 2013 against Mars ...
Tags: Chocolate Price, Chocolate
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Medtronic Spends $4.4 Million Settling Country-of-Origin Lawsuit
Apr 7, 2015Medtronic made no admission of guilt in the settlement with the U.S. Department of Justice, which claimed Medtronic misled the military about the origin of its medical devices. Chris Newmarker Medtronic will pay $4.4 million to settle a ...
Tags: Chris Newmarker, medtech giant, Medicine
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Foreign Automakers Struggle to Dictate Sales Goals
Dec 29, 2014Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in ...
Tags: auto market, carmakers
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US Halal Food Brand Midamar Charged for Selling Misbranded Meat
Dec 17, 2014In a major fraud indictment, Cedar Rapids based halal food brand Midamar has been booked by federal prosecutors for supplying $4.9m worth of beef without following the halal practices promised in its labelling and advertising. Citing the ...
Tags: Misbranded Meat, labelling, advertising, Agriculture
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Ting Hsin Were Accused of Selling Cooking Oil That Was Contaminated with Animal Feed
Nov 19, 2014Wei Ying-chung, a major stakeholder of Ting Hsin International Group, and four other executives were indicted by prosecutors in Taiwan for selling cooking oil that was contaminated with animal feed. If convicted, Ying-chung will face ...
Tags: cooking oil, animal feed, Agriculture
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Fabrizio D'Arcangelo Has Accepted a Request Made by Piero Gnudi
Oct 30, 2014Milan-based investigating Fabrizio D'Arcangelo has accepted a request made by Piero Gnudi, special commissioner for Taranto-based Italian steelmaker Ilva, to free up and transfer €1.2 billion to the Italian company. The funds in ...
Tags: Fabrizio D'Arcangelo, Request, Energy
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Peddling Counterfeit Components Have Done Their Business with Relative Impunity
Aug 15, 2014Those involved in peddling counterfeit components have done their business with relative impunity. But the successful prosecution of a perpetrator in the US may mark the beginning of some law and order in the rampant illegal counterfeit ...
Tags: components, Electrical, Electronics
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A Considerable Paradox Exists in US. Food Policy
Feb 27, 2014A considerable paradox exists in U.S. food policy. Although the federal government has named food safety as a top priority, an entire pocket of the food industry remains largely unregulated by, or at least largely under the radar of, most ...
Tags: marijuana, marijuana-infused food, opinion, state laws
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Personal Data of 20 Million Bank and Credit Card Users in South Korea Has Been Leaked
Jan 19, 2014The personal data of at least 20 million bank and credit card users in South Korea has been leaked, state regulators said Sunday, one of the country's biggest ever breaches. Many major firms in the South have seen customers' data leaked ...
Tags: Consumer Electronics, Electronics
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Here Are Some of The Latest Health and Medical News Developments
Jan 17, 2014Here are some of the latest health and medical news developments, compiled by the editors of HealthDay: Judge Rejects Legal Challenge Against Health Insurance Subsidies A legal challenge against health care insurance subsidies for ...
Tags: health, AP report, PLoS Medicine, The Justice Department
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Two Colorado Farmers Contaminated Cantaloupe to Interstate Commerce
Jan 17, 2014Two Colorado farmers who pleaded guilty to six counts of introducing contaminated cantaloupe to interstate commerce in one of the deadliest foodborne illness outbreaks in U.S. history have asked a federal judge for probation sentences. ...
Tags: Agriculture, Food
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Here Are Some of The Latest Health and Medical News Developments
Jan 15, 2014Here are some of the latest health and medical news developments, compiled by the editors of HealthDay: Muscle-Building Exercises Reduce Women's Diabetes Risk: Study Lifting weights and other muscle-building workouts reduce women's risk ...