WASHINGTON, Nov 14 (Reuters) - The U.S. Treasury Department said on Thursday that New York-based insurer MetLife's ( MET ) unit, American Life Insurance Company, agreed to settle its potential civil liability for over 2,300 apparent violations of sanctions against Iran. The Treasury Department's Office of Foreign Assets Control (OFAC) announced a $178,421 settlement with the MetLife ( MET )...

WASHINGTON (Reuters) - The U.S. Treasury Department said on Thursday that New York-based insurer MetLife's unit, American Life Insurance Company, agreed to settle its potential civil liability for over 2,300 apparent violations of sanctions against Iran. The Treasury Department's Office of Foreign Assets Control (OFAC) announced a $178,421 settlement with the MetLife unit. (Reporting by Kanishka Singh in Washington) ...

02:12 PM EST, 11/14/2024 (MT Newswires) -- GE Vernova ( GEV ) has dismissed or suspended several workers at its wind turbine manufacturing plant in Gaspe, Quebec, after an internal investigation uncovered quality control violations, Reuters reported Thursday, citing sources familiar with the matter. The company has reportedly fired several Gaspe employees, including supervisors, and suspended others following a probe...

Gaxos.AI Inc. ( GXAI ) shares are moving higher Thursday after the company’s board approved the purchase of Bitcoin (CRYPTO: BTC) as a treasury reserve asset. The Details: Gaxos.AI ( GXAI ), an AI applications company, said its board of directors approved the purchase of up to $1 million in Bitcoin. “As demand for Bitcoin grows and so does its...