Bayer unit pays $33 million fine
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US unit of the German company also pleads guilty of participating in a price-fixing conspiracy. WASHINGTON, DC  - The Pittsburgh-based subsidiary of Germany&#39;s Bayer AG has agreed to plead guilty and
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A company that made contaminated pet food that killed dozens of dogs nationwide will pay $3.1 million in a settlement with pet owners, an attorney said yesterday.
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Wachovia Corp. agreed to pay a $37 million civil fine Thursday to settle federal regulators&#39; allegations that the banking giant violated disclosure rules in connection with its 2001 merger with First Union Corp.
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The German drug maker Bayer said its third-quarter profit fell 35 percent on costs related to its acquisition of a rival, Schering, but its performance still exceeded analystsÂ expectations. Bayer earned 320 million euros ($419 million) in the three months through September, down from 493 million euros a year earlier. Sales rose 26 percent, to 7.78 billion euros ($10.2 billion). The company, based in Leverkusen, said it booked special charges totaling 139 million euros ($182 million) in the quarter, with 106 million euros ($139 million) of that mostly attributable to the integration of its health care unit with Schering. Bayer bought Schering in June in a deal worth nearly 16.9 billion euros ($22 billion) to strengthen its health care business. The company said its health care unit was Âthe principal growth engine for BayerÂs business in the third quarter,Â with sales climbing 73 percent, to 3.48 billion euros ($4.56 billion).
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THE Environment Court has fined a farm a record $35,000 for illegally discharging effluent.   Plateau Farms owners Frank, Alan and Elizabeth Crafar pleaded guilty to effluent discharge on one of their Reporoa farms.
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THE DEPARTMENT of Justice said that four employees of Infineon have pleaded guilty to charges of price fixing DRAM. Three German citizens and one US citizen will each pay $250,000 in fines as well as serving between four to six months in jail.
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A jury in Independence, Missouri on Wednesday ordered Brown & Williamson Tobacco Corp. to pay &#36;22 million to the family of a 73-year-old woman who died of lung and heart disease after smoking Kools for 58 years.
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Pfizer Inc., the world&#39;s largest drugmaker, agreed to pay $430 million to resolve personal-injury claims against a subsidiary that sold products containing asbestos in the 1970s.
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German drug and chemical maker Bayer AG said Thursday it posted a third-quarter net profit of 34 million euros ($42.2 million), reversing losses from a year ago as a recovery in the chemical industry helped ...
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At stake is $356 million fine imposed in July for noncompliance.
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By Dennis Lien, Pioneer Press, St. Paul, Minn.  Sep. 16--For the fourth time in a decade, the Southern Minnesota Beet Sugar Cooperative has been hit with a hefty environmental fine.
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WASHINGTON, Feb. 14  â Merck & Company agreed Wednesday to pay $2.3 billion to resolve several tax disputes, the Internal Revenue Service said.
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Germany&#39;s Bayer AG (BAYG.DE: Quote, Profile, Research) has agreed to plead guilty and pay a $4.7 million fine for taking part in a conspiracy to fix the prices of synthetic rubber, the US Justice Department said on Wednesday.
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Wachovia Corp.'s Boston mutual fund division, Evergreen Investment Management Co., agreed to pay $32.5 million to settle allegations it allowed shareholders to market-time in violation of prospectuses, the Securities and Exchange Commission said yesterday.
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By THE ASSOCIATED PRESS  MORRIS TOWNSHIP  Aerospace giant Honeywell International Inc. will pay a $500,000 fine for hazardous waste violations at its Aircraft Landing Systems facility in Kingman, Ariz.,  officials said.
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The former DaimlerChrysler AG paid a record $30.3 million fine in 2007 for violating fuel efficiency requirements set by the federal government.
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The NASD on Wednesday said it has collected a record &#36;102 million in disciplinary fines in 2004, triple the amount collected last year, for infractions including improper mutual fund trading, variable annuity abuses and client overcharges.