Corporate investigations

February 25, 2019 - 2:31 am
BEIJING (AP) — The operators of China's largest silver mine transported workers underground on a broken-down bus that was bought online, routinely overloaded and operating on ramp not intended for transporting people, safety officials said after the bus crashed, killing 21 miners and injuring 29...
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Kraft Heinz
Photo by Xinhua/Sipa USA
February 22, 2019 - 9:35 am
PITTSBURGH (AP) — Kraft Heinz disclosed an investigation by federal regulators and will slash the value of its Oscar Mayer and Kraft brands by $15.4 billion. Shares plunged 26 percent at the opening bell Friday, the company's biggest single-day decline, after posting a stunning $12.6 billion loss...
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FILE- In this Feb. 14, 2019, file photo this is the Ford logo on a 2019 Ford Ranger 2019 Supercrew 4x4 on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. Ford says it has launched an investigation into whether a flawed mathematical model caused it to overstate gas mileage and understate pollution from a wide range of vehicles. The company says a group of employees reported possible problems with the model in September. So it has hired an outside firm to test the 2019 Ford Ranger. (AP Photo/Gene J. Puskar, File)
February 21, 2019 - 6:28 pm
DETROIT (AP) — Ford Motor Co. has launched an investigation into whether it overstated gas mileage and understated emissions from a wide range of vehicles. The company said Thursday that in September, a group of employees reported possible problems with a mathematical model used to calculate...
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FILE- This July 14, 2015, file photo shows the ARC Automotive manufacturing plant in Knoxville, Tenn. Nearly four years ago, the U.S. government’s highway safety agency began investigating air bag inflators made by ARC Automotive of Tennessee when two people were hit by flying shrapnel after crashes. A public records posted by the agency show little progress on the probe, which began in July of 2015 and remains unresolved. (Adam Lau/Knoxville News Sentinel via AP, File)
February 20, 2019 - 1:39 pm
DETROIT (AP) — Nearly four years ago, the U.S. government's highway safety agency began investigating air bag inflators made by ARC Automotive of Tennessee when two people were hit by flying shrapnel after crashes. The National Highway Traffic Safety Administration estimated that 8 million Fiat...
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FILE - In this May 4, 2017, file photo, Recreational Equipment, Inc. Jerry Stritzke, center, speaks to those who attended the Preview Party of the new REI Co-Op in Dillion, Colo. Officials say Stritzke, the president and CEO of outdoor retailer REI, has resigned for failing to disclose a relationship he had with the head of another organization in the outdoor industry. (Chris Dillmann/The Daily via AP, File)
February 12, 2019 - 7:23 pm
SEATTLE (AP) — Outdoor retailer REI says its president and CEO has resigned for failing to disclose a relationship with the head of another organization in the outdoor industry. REI officials at their Kent, Washington, headquarters said Tuesday that Jerry Stritzke will leave March 15. The company...
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February 01, 2019 - 6:28 pm
Goldman Sachs Group's board is taking steps to slash its top executives' 2018 compensation, depending upon the outcome of investigations into the investment bank's role in the ransacking of a multibillion-dollar Malaysian state investment fund. In a filing with the Securities and Exchange...
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FILE - In this Thursday, Nov. 2, 2017, file photo, Paul Manafort, President Donald Trump's former campaign chairman, leaves Federal District Court, in Washington. Manafort is making his first court appearance in months as prosecutors and defense lawyers prepare to argue over whether the former Trump campaign chairman intentionally lied to investigators. Manafort had asked to skip Friday’s appearance in federal court in Washington. But Judge Amy Berman Jackson denied the request, saying he’d already missed several court dates. (AP Photo/Andrew Harnik, File)
January 25, 2019 - 12:38 am
WASHINGTON (AP) — Paul Manafort will make his first court appearance in months on Friday as prosecutors and defense lawyers argue over whether the former Trump campaign chairman intentionally lied to investigators, including about sharing polling data with a business associate the U.S. says has...
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January 23, 2019 - 5:07 pm
WASHINGTON (AP) — President Donald Trump's former campaign chairman on Wednesday denied allegations he lied to investigators after he began cooperating with them. Lawyers for Paul Manafort submitted a heavily redacted 10-page filing aimed at knocking down claims by special counsel Robert Mueller's...
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January 14, 2019 - 11:34 am
WASHINGTON (AP) — A leading House Democrat is announcing a sweeping investigation of the pharmaceutical industry's pricing practices. Oversight and Reform Committee Chairman Elijah Cummings said Monday that he's sent letters to 12 major drug manufacturers seeking detailed information and documents...
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South Korean Transport Ministry officials and members of investigative panel on BMW engine bow during a press conference as damaged gears of a BMW which engine had caught fire are displayed at the government complex in Seoul, Monday, Dec. 24, 2018. South Korea says it will fine BMW 11.2 billion won ($9.9 million) and file a criminal complaint against the company with state prosecutors over an allegedly botched response to dozens of engine fires reported in the country. (AP Photo/Ahn Young-joon)
December 23, 2018 - 10:51 pm
SEOUL, South Korea (AP) — South Korea said Monday it will fine BMW 11.2 billion won ($9.9 million) and file a criminal complaint against the company with state prosecutors over an allegedly botched response to dozens of engine fires reported in the country. South Korea's Transport Ministry its...
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