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Equifax’s $700 million data breach settlement spurs calls for new rules

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WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules. The largest-ever settlement for a data breach draws to a close multiple Read More

Equifax to pay $700 million over 2017 data breach, compensate consumers

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WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information that affected around 147 million consumers, authorities said on Monday. The largest-ever settlement for a data breach draws to a close multiple probes into Equifax Read More

Equifax to pay up to $700 million in U.S. data breach settlement

6 hours ago DieselGasoil Comments Off on Equifax to pay up to $700 million in U.S. data breach settlement
FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. The Read More

Equifax to pay up to $650 million in data breach settlement

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FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are pictured in Atlanta, Georgia, U.S., September 8, 2017. REUTERS/Tami Chappell WASHINGTON (Reuters) – Credit-reporting company Equifax Inc will pay up to a record $650 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information, authorities said on Monday. Read More

Outgoing Schlumberger CEO Kibsgaard lands $6 million consulting deal

3 days ago DieselGasoil Comments Off on Outgoing Schlumberger CEO Kibsgaard lands $6 million consulting deal
7/19/2019 NEW YORK – Schlumberger’s Paal Kibsgaard may be leaving his job, but he’ll collect paychecks for years to come. The outgoing chief executive officer will continue to lift his $2 million annual salary through July 31, 2022, in exchange for providing “certain services” and agreeing not to take a job at a rival, according Read More

Expiring U.S. solar subsidy spurs rush for panels

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LOS ANGELES (Reuters) – America’s biggest solar power developers are stockpiling panels to lock in a 30% federal tax credit set to start phasing out next year, a strategy that could backfire if projects do not materialize or panel prices slide substantially. FILE PHOTO: An array of solar panels is seen in the desert near Read More

BMW promotes Oliver Zipse to CEO

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FILE PHOTO: Oliver Zipse, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany, March 20, 2019. REUTERS/Michael Dalder/File Photo FRANKFURT (Reuters) – German luxury carmaker BMW (BMWG.DE) on Thursday named 55-year-old Oliver Zipse as its new chief executive, continuing a tradition of promoting a manufacturing expert to the Read More

Boeing to make $50 million in payments to 737 MAX crash victims’ families

5 days ago DieselGasoil Comments Off on Boeing to make $50 million in payments to 737 MAX crash victims’ families
WASHINGTON (Reuters) – Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide payments to families of those killed, with veteran U.S. compensation expert Ken Feinberg hired by the world’s largest plane maker to oversee the distribution. The announcement Read More

Freehold Royalties Ltd. Declares Dividend for July 2019

5 days ago DieselGasoil Comments Off on Freehold Royalties Ltd. Declares Dividend for July 2019
CALGARY, Alberta, July 17, 2019 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on August 15, 2019 to shareholders of record on July 31, 2019. These dividends are designated as “eligible dividends” for Canadian income tax Read More

California settles decades-long lawsuit over lead paint, but outcome is bittersweet

5 days ago DieselGasoil Comments Off on California settles decades-long lawsuit over lead paint, but outcome is bittersweet
OAKLAND, Calif. (Reuters) – When Californian counties and cities first sued paint makers in 2000, they wanted the companies to pay billions to remove dangerous old lead paint from hundreds of thousands of homes. Ashley Avila, 11, plays with her nephew Alexander Avila, 3, outside of their home where Alexander was lead poisoned by lead-based Read More