European beer cartels fined millions 

European Union regulators fined Heineken NV, Grolsch NV and Bavaria NV nearly 275 million pounds ($370 million dollars) on Wednesday for fixing Dutch beer prices from at least 1996 through 1999. InBev SA, the world’s largest brewer, was exempted from a potential fine of 84 million pounds ($114 million dollars) because it blew the whistle on several European beer cartels.

TURBO TAX

The Internal Revenue Service said Wednesday it would not penalize TurboTax and ProSeries users whose 11th-hour electronic returns were delayed by Intuit Inc.’s (INTU) overloaded servers. A record number of returns — 50 to 60 a second at its peak — filed with the Mountain View company started causing delays, and as the midnight filing deadline approached, the problem got worse.

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Staff Report

Staff Report

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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