1. European antitrust regulators fine Google a record $2.7 billion
The European Commission fined Google $2.7 billion on Tuesday after ruling that the company abused its power by steering search results to promote its comparison shopping service. The fine is the biggest ever imposed by the EU's antitrust regulators. The ruling also required Google to stop the practices within 90 days, or it could face further penalties of 5 percent of its parent company Alphabet's average daily worldwide earnings, about $14 million a day. Google indicated it might appeal, saying it presented results to help users shop "quickly and easily." "We respectfully disagree with the conclusions announced today," the search giant said. "We will review the commission's decision in detail as we consider an appeal, and we look forward to continuing to make our case."
2. Shkreli's securities fraud trial gets underway
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3. Amtrak hires former Delta chief as CEO
4. California to add Roundup's main ingredient to list of cancerous chemicals
5. Nintendo to release mini SNES Classic in September
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