Samsung in talks with U.S. regulator on washing machine safety issues
Sept 28 Samsung Electronics Co Ltd said it was working with a U.S. consumer product safety regulator to address safety issues related to some of its top-load washing machines.
NEW YORK, March 31 A unit of Japan's Panasonic Corp is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business, the Wall Street Journal reported.
Citing company documents, the Journal said Panasonic Avionics had received a subpoena looking for communications between Panasonic Avionics, consultants and others. The subpoena also asked for documents related to payments to the airline employees and government officials, the newspaper said.
The Panasonic unit, which is headquartered in Lake Forest, California, makes in-flight entertainment and communications systems.
According to the Journal, notices were sent to executives and employees in Asia, Europe and the Middle East.
The Journal said it was not clear which U.S. agency is investigating the unit. But the U.S. Foreign Corrupt Practices Act is enforced by the U.S. Department of Justice and the Securities and Exchange Commission.
A Panasonic Avionics spokesman told Reuters that the company does not comment on government investigations.
The SEC and the Justice Department could not immediately be reached for comment.
* Nikkei still seen rangebound, capped by investors' profit-taking
TOKYO, Sept 29 Commodity-linked currencies held firm on Thursday after OPEC agreed to cut oil output in the first such deal since 2008, boosting oil prices while a broad gain in risk assets dented the yen.