Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case

• American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

  The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.
  
  CNBC - 37m
• 

  Cash App Ordered to Pay $255 Million in Penalties Over Fraud

  The transfer-money app, owned by Jack Dorsey’s Block, racked up a hefty bill of fines and restitution for what federal regulators called “woefully incomplete” customer protections.
  
  The New York Times - 23m

• Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.

  U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.
  
  CBS News - 6h

• Toyota subsidiary to pay $1.6 billion over U.S. emissions fraud case

  Toyota subsidiary Hino Motors will pay $1.6 billion to settle a fraud case that alleged the company deceived regulators about emissions amounts from its diesel engines, U.S. officials have ...
  
  CBS News - 6h
• 

  Judge agrees to delay George Santos' sentencing in federal fraud case

  Calling it a “one-time courtesy,” the judge granted George Santos' request to push his sentencing -- but not by as much as the former New York representative requested.
  
  ABC News - Jan. 9
• 

  Germany raises record €18.5 billion in carbon emissions trading

  Yahoo News - Jan. 7
• 

  Why is George Santos asking for a sentencing delay in federal fraud case?

  George Santos is currently scheduled to be sentenced next month on Long Island after pleading guilty to federal fraud, campaign finance and embezzlement charges.
  
  ABC News - Jan. 3
• 

  Apple to pay $95m to settle Siri 'listening' lawsuit

  The tech giant denies wrongdoing after being accused of eavesdropping on customers.
  
  BBC News - Jan. 3

More from The New York Times

• 

  A First-Day Trump Order: A Federal Stockpile of Bitcoin?

  The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
  
  The New York Times - 3h
• 

  Amid Warnings About Alcohol and Cancer, the N.A. Drinks Industry Could Get a Boost

  The nonalcoholic beverage industry could get a boost from the surgeon general’s warnings linking alcohol to some cancers. But don’t expect the industry to condemn your glass of pinot.
  
  The New York Times - 9h
• 

  On TikTok, Users Mock Looming U.S. Ban

  Ahead of a Supreme Court ruling, they are mocking U.S. national security concerns about the Chinese-owned app.
  
  The New York Times - 5h
• 

  What to Know About the E.V. Tax Credit That Trump Might Repeal

  Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.
  
  The New York Times - 9h
• 

  Trump Treasury Pick Scott Bessent to Face Grilling

  Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
  
  The New York Times - 3h

More in Business

• Philip Morris’s Zyn nicotine pouch isn’t safe, but FDA gives OK to marketing it

  Shares of Philip Morris extended their recent bounce Thursday after the U.S. Food and Drug Administration authorized the marketing of 20 of the tobacco company’s Zyn nicotine pouches.
  
  MarketWatch - 20m
• 

  How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes

  Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his Treasury Secretary nomination.
  
  Inc. - 25m

• American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

  The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.
  
  CNBC - 37m
• 

  Why Every Manager Needs to Watch the Dystopian Workplace Drama ‘Severance’

  The dystopian workplace depicted in ‘Severance’ isn’t actually that different from your workplace. You should watch … and learn.
  
  Inc. - 37m

• Biden warns that an oligarchy is taking hold in America. There is data to back him up.

  Wealth disparity in the U.S. has grown since 2009, according to Fed data, with a significant increase in the share of the nation’s wealth held by the 238,000 richest people.
  
  MarketWatch - 42m