Deutsche Telekom AG is being investigated by prosecutors in Bonn on the ground that it may have charged too much for supplying directory assistance information to rivals, Handelsblatt reported, citing Friedrich Apostel, a spokesman for the prosecutor’s office.
Former Deutsche Telekom AG Chairman Klaus Zumwinkel and former Chief Executive Officer Kai-Uwe Ricke won’t be charged in a probe over spying on journalists and board members at Europe’s largest phone company.
The 50 state attorneys general probing U.S. foreclosure practices will first settle with the five largest loan servicers, including Bank of America Corp. and JPMorgan Chase & Co. , Iowa Attorney General Tom Miller said.
Deutsche Telekom AG , Europe’s biggest phone company, said Bonn prosecutors acted excessively when they raided the home of Chief Executive Officer Rene Obermann last month as part of a corruption probe.
BP Plc , whose potential liability for the Gulf of Mexico oil spill has lawmakers and analysts raising the specter of bankruptcy, would be unlikely to avoid paying claims by seeking court protection, Bloomberg News’ Margaret Cronin Fisk and Linda Sandler reported after speaking with restructuring experts.