Swiss Life Enters Deferred Prosecution Agreement With U.S. Justice Department 
 

Swiss Life entities agreed to pay $77.3 million, which includes restitution, forfeiture of all gross fees and a penalty, the Justice Department said.

 
Coke to Discontinue Coca-Cola Energy in U.S. 
 

The soda giant saw disappointing sales after launching the drink last year in an effort to break into a fast-growing beverage category dominated by Red Bull and Monster.

 
Facebook Loses Bid to Block Ruling on EU-U.S. Data Flows 
 

The social-media company lost a bid to block a European Union privacy decision that could suspend its ability to send information about Europeans to the U.S., opening a pathway toward a precedent-setting interruption of its data flows.

 
Hacking Group Linked to Colonial Pipeline Attack Is Closing Down 
 

DarkSide, the criminal group linked to a cyber attack that disrupted U.S. gasoline deliveries this week, has told hacking associates that it is shutting down, said security research firms.

 
U.K. Launches Fraud Probe Into Greensill-Linked Steel Firm 
 

Britain's Serious Fraud Office said it is investigating suspected fraud and money laundering at metals magnate Sanjeev Gupta's GFG Alliance, as well as its financing arrangements with bankrupt lender Greensill Capital.

 
Irish Healthcare Service Shuts Down IT Systems After Ransomware Attack 
 

Hospitals canceled appointments and turned to paper and pen after the attack, which used Conti ransomware, shut down IT systems.

 
Many U.S. Businesses Aren't Budging on Face Masks, for Now 
 

Executives in sectors ranging from autos to retail are wrestling with how to respond to the CDC's new guidance, which in many cases conflicts with state, local and industry-specific protocols.

 
Honda Net Profit Surges as North America Business Rebounds 
 

Honda Motor posted a net profit in its fourth quarter thanks to a broad operational improvement, especially in North America, as its business continued to recover from the Covid-19 pandemic.

 
Software Industry Awaits Details on Biden's Order to Report Hacks 
 

The obligations represent a shift for the private sector, which has resisted such requirements for fear of financial and reputational damage resulting from the release of sensitive information about breaches.

 
Epic Games vs. Apple Trial, Week Two: Everything You Need to Know 
 

Experts differed on whether smartphones are interchangeable with other videogame platforms and the definition of a market in the digital age.

(END) Dow Jones Newswires

May 14, 2021 15:15 ET (19:15 GMT)