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John Stumpf: Ex-Wells Fargo boss pays $17.5m to settle charges

2020-01-24 03:11:23| BBC News | Business | UK Edition

John Stumpf has also been banned from working for US national banks after a fake accounts scandal.

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Collector pays UK-record 1m for rare coin

2020-01-17 01:13:42| BBC News | Business | UK Edition

Only six Edward VIII sovereigns were made but it is not just its rarity that fascinates historians.

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Ericsson pays over USD 1 bln to resolve bribery charges in the US

2019-12-09 08:54:00| Telecompaper Headlines

(Telecompaper) Ericsson has agreed to pay USD 520.6 million and USD 458.4 million (plus pre-judgement interest of USD 81.5 million) to settle bribery charges brought by the US Department of Justice (DoJ) and Securities and Exchange Commission (SEC), for a total of over USD 1 billion. CEO Borje Ekholm said the Ericsson can move forward and build a stronger company. 

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Google Pays $2.1 Billion to Get Fit(bit)

2019-11-07 13:00:00| TechNewsWorld

Google has inked a deal to buy wearable fitness device maker Fitbit for $2.1 billion. The acquisition will give Google an immediate leading position in the wearables market, able to compete against the likes of Apple and Samsung rather than having to build up market share from scratch. Fitbit's products are carried in approximately 39,000 retail stores in more than 100 countries around the world.

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Facebook pays 28.5m in tax as revenues hit a record 1.65bn

2019-10-11 12:37:03| BBC News | Business | UK Edition

Tech firms have been criticised for the amount of tax they pay, but Facebook says it pays what is legally owed.

Tags: record hit tax pays


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