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Boeing agrees to pay US$2.5 billion to settle criminal charges claiming that it covered-up design flaws in its Boeing 737 MAX passenger planes from safety officials. The U.S. Department of Justice says that the firm chose "profit over candour".
2021-01-7

Microsoft announces a $1.5 billion investment in Italy, as part of its expansion of cloud computing services around the world.
2020-05-8

The world's largest annual video game industry event E3 2020 is officially cancelled due to concerns over the coronavirus. The highly anticipated event was scheduled to take place on June 9, ahead of major console launches for Microsoft and Sony.
2020-03-11

U.S. Rep. Devin Nunes files a US$435 million defamation lawsuit against CNN.
2019-12-4

A US federal judge orders PricewaterhouseCoopers to pay US$625.3 million compensation to Federal Deposit Insurance Corp. The judge rules PwC negligently caused losses to F.D.I.C. by failing to uncover fraud during audits of Colonial BancGroup. Colonial, one the nation's 25 largest banks, and Taylor, Bean & Whitaker, the 12th-largest mortgage broker in the US, both collapsed in August 2009 as a result of fraud between the two. F.D.I.C. was the receiver for Colonial.
2018-07-2

US retailer Walmart acquires a 77% controlling stake in Flipkart, India's largest online shop, for US$16 billion.
2018-05-9

Wells Fargo bank is fined US$1 billion by the United States government for mishandling of mortgages and automobile loans. Wells Fargo is also ordered to reimburse customers who were overcharged.
2018-04-20

U.S. firearms and ammunition manufacturer Remington Arms files for chapter 11 bankruptcy protection after amassing US$950 million worth of debt.
2018-03-26

The largest U.S. broadcaster, iHeartMedia, owner of 850 radio stations, files for chapter 11 bankruptcy after accumulating US$20 billion in debt.
2018-03-15

Costa Cruises is fined US$1.3 million in lieu of criminal charges relating to the "Costa Concordia" cruise ship disaster last year.
2013-04-10