Judge Orders UPS to Pay $247 Million for Illegally Shipping Cigarettes
Photo A federal judge found UPS liable for illegally shipping cigarettes in New York State, which cost the state and New York City millions in taxes. Credit Ruth Fremson/The New York Times UPS must pay $247 million in damages and penalties to New York City and New York State for illegally shipping cigarettes, a federal judge ordered Thursday.“A very significant award” was necessary because of the public health hazard posed by cigarettes and as a deterrent to future bad ..>> view originalEuropean markets lower as oil stocks weigh; sterling falls; G-7 meeting watched
The pan-European Stoxx 600 edged lower, down 0.64 percent, with most major bourses and sectors - bar one - in negative territory. The FTSE was buoyed in early deals after sterling fell to a 10-day low following news of a diminishing lead for the U.K.'s Conservative Party ahead of June 8's general election. However, it hovered around the flatline during afternoon trade. Oil and gas was the worst performing sector after OPEC and some non-OPEC members agreed on Thursday to extend oil supply cuts ..>> view originalChina's reforms not enough to arrest mounting debt: Moody's
By Yawen Chen and Ryan Woo | BEIJING BEIJING China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.The comments came two days after Moody's downgraded China's sovereign ratings by one notch to A1, saying it expects the financial strength of the world's second-largest economy to erode in coming years ..>> view originalGOP candidate accused of body-slamming reporter has said retirement is 'not biblical'
Republican Greg Gianforte won Montana's special congressional election on May 25, a day after he was charged with assaulting a reporter. (Jenny Starrs/The Washington Post) Greg Gianforte, the Montana Republican candidate charged with assaulting a reporter, has not quite reached retirement age. But based on what he has said in the past, he might never stop working anyway. In a 2015 talk at the Montana Bible College, Gianforte said the idea of retirement doesn’t exactly match his religious..>> view originalCEO pay by the numbers: How big were last year's raises?
The typical big-company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 percent raise from a year earlier, the biggest in three years. The bump reflects how well stocks have done under these CEOs' watch. Boards of directors increasingly require that CEOs push their stock price higher to collect their maximum possible payout, and the Standard & Poor's 500 index returned 1..>> view originalMark Zuckerberg Tells Harvard Graduates To Embrace Globalism, 'A Sense Of Purpose'
VIDEO Harvard University via YouTube Harvard dropout Mark Zuckerberg returned to the university Thursday to give graduates a commencement address, filled with calls for building a connected world "where every single person has a sense of purpose." In a wide-ranging speech that touched on climate change, charity, volunteering, education and universal basic income, the billionaire CEO of Facebook championed globalism and called fighting authoritarianism and nationalism "the struggle of ou..>> view originalDriven by humans… parked by robots
THERE IS no doubt that airport parking can be a significant source of grief on holidays and business trips. As well as being expensive, upon your return you’re guaranteed to forget which zone you parked in, and there’s always a chance that a careless holidaymaker or an overzealous valet parking employee will have dinged your door while you’ve been away. It’s the stuff of nightmares. Fortunately, the team at Stanley Robotics has come up with a solution that could consign all of that to history..>> view original10 things you need to know before the opening bell
Chinese Go player Ke Jie during his second match against Google's artificial-intelligence program AlphaGo at the Future of Go Summit in Wuzhen, in China’s Zhejiang province. Reuters/China Stringer Network Here is what you need to know. Trump reportedly slammed German carmakers and threatened to stop their US sales. During a meeting with European officials, President Donald Trump said he would stop German automakers from selling "millions of cars" in the US and called..>> view originalS&P and Nasdaq close at record highs as big tech stocks rise
According to the minutes from its May 3 meeting, which were released Wednesday, the Fed sees a system where it will announce cap limits on how much it will allow to roll off each month without reinvesting. "The markets are taking the Fed's comments on how they plan to unwind the balance sheet as a positive," said Robert Pavlik, chief market strategist at Boston Private Wealth. Pavlik also noted that the S&P closed decisively above 2,400 on Wednesday, a key technical level, that could prompt mor..>> view originalJapan, South Korea drive global bitcoin prices as retail investor pile in
HONG KONG Japanese and South Korean buying helped drive the price of bitcoin to an all-time high this week, with the digital currency more than doubling its value since the start of the year, analysts and market practitioners said on Friday.Frenzied buying as the price peaked at $2,760.10 on Thursday caused website outages on Coinbase, the global bitcoin company that allows consumers to buy and sell bitcoins. The price has since fallen back to $2,632.74. In Japan and South Korea, among the lar..>> view original
Friday, June 23, 2017
Judge Orders UPS to Pay $247 Million for Illegally Shipping Cigarettes and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment