fine

Calif. resort to pay $1.6 million penalty over public beach access

One of Northern California's most exclusive hotels, the Ritz-Carlton Half Moon Bay, where rooms rent for $1,000 a night and Silicon Valley companies regularly hold posh retreats, agreed Thursday to pay $1.6 million in penalties to the California Coastal Commission to settle years of violations of state coastal laws.  

China fines faulty vaccine maker over $1 billion

A Chinese vaccine manufacturer that released hundreds of thousands of batches of faulty vaccines, including a number intended for use on children, has been fined $1.32 billion by the government.

Wells Fargo will be fined $1 billion

Two federal regulators are close to fining Wells Fargo $1 billion for forcing customers into car insurance and charging mortgage borrowers unfair fees.