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Taiwan co. fined $500 million for LCD price fixing

Submitted by Fox First at Ten on September 20th

By PAUL ELIASAssociated Press SAN FRANCISCO (AP) - A Taiwanese company was fined $500 million Thursday and its former president and executive vice president were each sentenced to three years in prison for their leading roles in a global LCD screen price-fixing conspiracy. The sentences handed

Feds demand LCD maker pay $1 billion

Submitted by Fox First at Ten on September 12th

SAN FRANCISCO (AP) - Federal prosecutors are seeking harsh sentences against a Taiwan company and two of its former executives, saying they participated in the most significant price-fixing "cartel" ever prosecuted in the United States. The U.S. Department of Justice on Tuesday demanded AU

4 drug tunnels found on border

Submitted by Fox First at Ten on July 13th

By ELLIOT SPAGAT and JACQUES BILLEAUDAssociated Press TIJUANA, Mexico (AP) - Three sophisticated drug tunnels equipped with lighting and ventilation - including one with a railcar system - have been discovered along the U.S.-Mexico border in less than a week, the latest signs that cartels are

2 sophisticated border drug tunnels discovered

Submitted by Fox First at Ten on July 12th

By ELLIOT SPAGAT and JACQUES BILLEAUDAssociated Press PHOENIX (AP) - Two drug-smuggling tunnels outfitted with lighting and ventilation systems were discovered along the U.S.-Mexico border, the latest signs that cartels are building sophisticated passages to escape heightened surveillance on land

250,000 people were set to loose Internet access due to DNSChanger

Submitted by Fox First at Ten on July 9th

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Arizona drug cell linked to Sinaloa Cartel busted

Submitted by Fox First at Ten on July 7th

TEMPE, Ariz. (AP) - Authorities say they've busted an elaborate drug trafficking cell in Arizona that's linked to the deadly Sinaloa Cartel from Mexico. Tempe police announced Friday that 20 people have been arrested and $2.4 million was found after a six

German rail suppliers get $156M antitrust fines

Submitted by Fox First at Ten on July 5th

BERLIN (AP) - Germany's Federal Cartel Office has fined four companies including a subsidiary of steel giant ThyssenKrupp AG a total of €124.5 million ($156.37 million) for colluding over track orders. The agency says it fined ThyssenKrupp GfT Gleistechnik

Brother of Zetas cartel leaders held in Texas jail

Submitted by Fox First at Ten on July 3rd

AUSTIN, Texas (AP) - A man accused in an alleged scheme to buy and train racehorses to benefit the Zetas drug cartel was ordered detained Tuesday in Texas after a judge suggested he might flee to Mexico if released. Jose Trevino Morales, the brother of two

KPN names Hageman new CFO

Submitted by Fox First at Ten on July 3rd

AMSTERDAM (AP) - The Dutch telecommunications company Royal KPN NV says it has named the former head of its Belgian operations, Eric Hageman, as its new chief financial officer. Hageman replaces Carla Smits, who quit in January after KPN decided to expand its

T-Mobile USA to buy, swap spectrum with Verizon

Submitted by Fox First at Ten on June 25th

By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Verizon Wireless on Monday said that it has agreed to sell some wireless spectrum rights to T-Mobile USA and swap others, in a continuing quest to get regulators to approve a bigger spectrum deal it has worked out with a