The data-collection practices of TikTok that were cited by the European Union are becoming a common target for global regulators.
Category: Fines (Penalties)
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U.S. Fines American Airlines $4.1 Million for Lengthy Tarmac Delays
In 43 instances in recent years, the airline kept passengers stranded on the tarmac for hours in violation of federal rules, the Transportation Department said.
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UBS to Pay $1.44 Billion to Settle Financial-Crisis Fraud Case
The settlement closes the chapter on the last investigation by a Justice Department task force on the role financial firms played in the collapse of the housing market in 2008.
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Banks Fined $549 Million Over Use of WhatsApp and Other Messaging Apps
The penalties add to nearly $2 billion in record-keeping fines last year for the improper policing of employee communications on private messaging services.
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Casino Mogul Steve Wynn Reaches Settlement Over Sexual Misconduct Claims
Mr. Wynn, who resigned from Wynn Resorts in 2018, agreed to pay Nevada $10 million and to step back from its gambling industry.
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UBS Is Fined Nearly $400 Million in Credit Suisse’s Archegos Mess
The Swiss banking giant, which acquired its rival earlier this year, will cover regulatory fines related to Credit Suisse’s mismanagement in the collapse of the investment firm Archegos in 2021.
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The Fed Slaps Deutsche Bank With a $186 Million Fine
The regulator said the German lender was too slow to comply with orders to address its money-laundering controls.
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University of Tennessee Fined Millions for Cash Payments to Athletes
The N.C.A.A. said Tennessee had a culture of wrongful payments to athletes, including cash for hotels, meals and car payments, among other things. The university was fined $8 million but avoided a postseason ban.
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Bank of America Fined $150 Million Over ‘Junk Fees’
The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
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China Hits Ant Group with $985 Million Fine
After nearly three years of regulatory scrutiny, the fine is seen as a sign that Beijing is wrapping up its crackdown on technology firms.