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Caleres plans $38 million expansion of Tennessee facility

2015-06-18 15:34:18| Footwear - Topix.net

Caleres - the Clayton-based shoe seller formerly known as Brown Shoe Co. - is planning a $38 million expansion of a Tennessee distribution facility that is expected to add 40 jobs to the area.

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FCC to fine ATandT $100 million, largest in its history, for data throttling

2015-06-18 14:51:54| Telecom - Topix.net

The Federal Communications Commission said Wednesday it plans to fine AT&T Mobility $100 million for throttling data it advertised to customers as "unlimited." The proposed fine would be the largest in FCC history.

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AT&T Faces $100 Million Fine for Slowing iPhone, Other Unlimited Data Users

2015-06-18 06:29:29| Telecom - Topix.net

The Federal Communications Commission on Wednesday announced plans to fine AT&T Mobility a record $100 million for violating Internet regulations by failing to disclose that the company had slowed the speeds of millions of customers who subscribed to its unlimited data plans. The mobile -phone giant generated billions of dollars from customers it knowingly misled, running afoul of a transparency regulation that required AT&T disclose accurate information so customers could make informed choices concerning their use of Internet services, according to an FCC official during a press call.

Tags: data users fine million

 

Raymond Reggie sentenced in $1.2 million auto dealership scam;...

2015-06-18 05:50:57| Auto Dealers - Topix.net

Raymond Reggie sentenced in $1.2 million auto dealership scam; prosecutor calls politically connected felon a 'flim-flam con artist' Advocate staff photo by TRAVIS SPRADLING -- Mandeville businessman Raymond Christopher Reggie walks into Russell B. Long Federal Courthouse in Baton Rouge Wednesday morning, for the sentencing hearing on his conviction on five counts of mail fraud, in connection with stealing over $1 million from multiple south Louisiana car dealerships over three years, for advertising services never rendered. The fees they paid went into Reggie's bank account.

Tags: auto million raymond scam

 

JAKKS Pacific's $30 Million Buyback And Lawsuit Settlement Open The Door For Acquisition

2015-06-18 04:47:41| Toys - Topix.net

The buyback follows the settlement of a lawsuit against JAKK's management/board for foiling a 2011/2012 takeover offer. Early Tuesday morning, JAKKS Pacific announced the approval of a $30 million buyback plan for common shares and/or convertible notes.

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