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Hewlett Packard Enterprise Shares Fall As US Department Of Justice Sues To Block Juniper Acquisition
Thursday, January 30, 2025 - 5:15pm | 487Hewlett Packard Enterprise Co (NYSE:HPE) shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks. What To Know: According to Bloomberg, the DOJ argues the deal would significantly...
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Financial Crime Weekly: Pfizer Pays Nearly $60 Million To Resolve False Claims Allegations, SEC Creates Crypto Task Force
Sunday, January 26, 2025 - 1:15pm | 482Pfizer Pays Nearly $60 Million To Resolve False Claims Allegations The U.S. Department of Justice announced on Friday that Pfizer Inc. (NYSE:PFE), on behalf of its subsidiary Biohaven Ltd. (NYSE:BHVN) (Biohaven), agreed to pay $59,746,277 to resolve allegations that Biohaven knowingly caused...
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Financial Crime Weekly: American Express Pays $108 Million To Settle Deceptive Marketing Charges, Vanguard Group Pays $106 Million For Violations
Monday, January 20, 2025 - 5:07pm | 546American Express Pays $108 Million To Settle Deceptive Marketing Charges The U.S. Department of Justice announced on Thursday that American Express Co. (NYSE:AXP) agreed to a $108.7 million settlement to resolve allegations of violating the Financial Institutions Reform, Recovery and Enforcement...
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Financial Crime Weekly: DOJ Sues 6 Of The Nation's Largest Landlords, Man Pleads Guilty To $9.4 Million Crypto Scheme
Sunday, January 12, 2025 - 4:45pm | 483DOJ Sues 6 Of The Largest Landlords For Pricing Schemes That Harmed Struggling Renters The U.S. Department of Justice on Tuesday amended its antitrust lawsuit against RealPage to include six of the nation's largest landlords for allegedly participating in algorithmic pricing schemes. The...
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Google Donates $1 Million To Trump Inauguration, Plans YouTube Livestream: 'Pleased To Support'
Thursday, January 9, 2025 - 11:24am | 522Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) owned search giant Google is the latest tech company to donate to Donald Trump's inauguration fund ahead of the highly anticipated Jan. 20 event. What Happened: Google announced a $1 million donation to Trump's inauguration, joining the ranks of Meta...
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US Government's Silk Road Bitcoin Holdings Drop To 0 After DOJ Reportedly Approves Sale Of Crypto Worth $6.5 Billion (UPDATED)
Thursday, January 9, 2025 - 12:40am | 548Editor’s Note: This story has been updated with additional information. The U.S. government has received approval to liquidate a significant portion of its Bitcoin (CRYPTO: BTC) holdings seized from the infamous darknet website Silk Road, according to a Wednesday report. What Happened: ...
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Alphabet CEO Pichai Warns Employees Of High Stakes 2025: 'We Are Facing Scrutiny Across The World'
Monday, December 30, 2024 - 2:08pm | 568At a strategy meeting featuring Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) executives, CEO Sundar Pichai addressed key 2025 topics, including artificial intelligence, competition and regulatory pressure. "The stakes are high," Pichai said at the Dec. 18 gathering, as reported by CNBC. "I think 2025...
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Alphabet Defends DOJ Case, 'New Buyback' Likely From This '2025 Top Pick'
Monday, December 23, 2024 - 9:29am | 632Google-parent Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) has laid out its remedies proposal in the high-stakes search distribution case with the Department of Justice (DOJ). JPMorgan analyst Doug Anmuth notes that Google's focus on non-exclusivity and increased flexibility aligns with its strategy...
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Financial Crime Weekly: CEO Sentenced To 51 Months In Prison, Kiromic BioPharma Charged With Failure To Disclose Material Information
Saturday, December 7, 2024 - 9:00am | 625Man Sentenced To 51 Months In Prison For Fraud, Ordered To Pay $6.1 Million Mykalai Kontilai, a 55-year-old Las Vegas resident, was sentenced on Thursday to 51 months in prison and ordered to pay $6.1 million in restitution for his involvement in a long-running fraud scheme. Kontilai, who...
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Rocket Mortgage Files Suit Against US Department Of Housing And Urban Development: 'We Will Not Stand Idly By'
Thursday, December 5, 2024 - 4:31pm | 777Rocket Companies Inc (NYSE:RKT) has filed suit against the United States Department of Housing and Urban Development (HUD) related to regulations involving independent licensed appraisers. What Happened: Rocket Companies’ Rocket Mortgage is suing HUD in an effort to correct conflicts between...
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Google, DOJ Present Closing Arguments In AdTech Trial Monday
Monday, November 25, 2024 - 11:46am | 533Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and the U.S. Department of Justice are set to present closing arguments on Monday in a trial to determine if Google’s advertising technology constitutes an illegal monopoly. The Details: The DOJ alleges Google maintains a monopoly in "open-web...
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Trump Plans DOJ Overhaul Including Firing of Jack Smith's Team
Saturday, November 23, 2024 - 4:30pm | 459President-elect Donald Trump is preparing a sweeping plan to reshape the Department of Justice (DOJ) and direct the department to investigate claims that the 2020 election was rigged against him when he assumes office in January. What Happened: According to a report, Trump plans to dismiss Special...
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Which Magnificent 7 Stock Should DOJ Target Next? Benzinga Poll Finds Over 50% Say...
Friday, November 22, 2024 - 1:31pm | 800New polls of Benzinga readers show they don't think the Department of Justice should break up Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) or target other Magnificent 7 stocks. What Happened: A recent investigation by the Department of Justice found prosecutors telling Alphabet it needs to divest the...
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DOJ Targets Google Chrome, Poll Shows 64% Oppose Alphabet Breakup: YouTube Seen As Top Prize
Friday, November 22, 2024 - 11:24am | 727A poll of Benzinga readers found that they don't believe Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) should be broken up. This comes as the Department of Justice (DOJ) suggested divesting the Chrome browser to break a search monopoly. What Happened: Google parent Alphabet has long been a target of...
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Trump Picks Former Florida AG Pam Bondi For Justice Department After Matt Gaetz Withdraws
Thursday, November 21, 2024 - 11:20pm | 397President-elect Donald Trump picked Pam Bondi, Florida’s former attorney general, to serve as U.S. attorney general in his second administration after his initial pick, Matt Gaetz, withdrew from consideration amid controversy. What Happened: Trump announced the nomination Thursday on Truth...