Tyson pleads guilty in pollution case, will pay $7.5 million in fines

Tyson Foods Inc. pleaded guilty Wednesday to 20 felony violations of the federal Clean Water Act and agreed to pay $7.5 million in criminal and civil fines

Employee Assets Frozen

The bank accounts of a Norwich Union employee at the centre of a £1.5m fraud have been frozen.

Carol Birrell, originally from Liverpool, is one of 30 people from Merseyside named in a writ lodged at London’s High Court by Norwich Union Insurance of Surrey Street

Fannie Accounting

NEW YORK (Reuters) – Franklin Raines, chief executive officer of Fannie Mae, the nation’s largest home mortgage finance company, said it does not face the same accounting questions as its smaller rival sister Freddie Mac.

On June 9, Freddie Mac replaced its top three executives over an accounting probe about how the No. 2 U

$355m fraud fine

Anglo-Swedish drug giant AstraZeneca has agreed to pay $354.9m to settle charges it defrauded the US healthcare system.

The company admitted giving free samples of cancer drugs to doctors, who then billed Medicare for the full price

Europe Inquiry Into Pokémon Distribution

The Topps Company, maker of trading cards and Bazooka bubble gum, said yesterday that the European Union Commission found that the company’s Pokémon stickers and cards might have violated antitrust laws.

The European Commission claimed that Topps’s European unit and distributors used an elaborate strategy to prevent exports from low-price to high-price countries in the European Union.

The company, which is based in New York, said that its European units were planning a full response to the commission’s claim and that it would defend its interests

Martha Stewart appears in Court

The domestic style setter is facing federal obstruction of justice charges, related to an investigation of her December 2001 sale of almost 4,000 shares of biotech firm ImClone Systems before bad news about one of its key drugs was revealed to the public. Stewart and her attorneys have denied any wrongdoing in the case.

Stewart, whose June 4 arraignment in court was a media circus, is heading into court for what is known as a status conference, in which lawyers on the two sides of the case can raise issues before the judge and discuss a schedule

Cablevision financial irregulatories

NEW YORK — Cablevision Systems (CVC) tried to head off a potentially damaging financial scandal Wednesday by disclosing that an internal investigation turned up years of misreported expenses and fabricated invoices at cable channel American Movie Classics.

Although the company says the amounts of cash involved are too small to require a restatement of earnings, it fired AMC president Kate McEnroe and 13 other employees — mostly senior staff. Rainbow Media CEO Josh Sapan, who oversees Cablevision’s programming services, is temporarily in charge

Nigeria Fraud Investigation

LAGOS, June 18 (Reuters) – Nigerian President Olusegun Obasanjo has ordered an investigation into alleged fraud by a local unit of U.S. oil services firm Halliburton Co (nyse: HAL – news – people), his spokeswoman said on Wednesday