Royal Bank of Scotland Sets Aside Another £3bn For US Fines

LONDON (AP) — Taxpayer-owned Royal Bank of Scotland says it has set aside an additional $3.8 billion to cover fines and litigation costs related to its sale of bonds backed by U.S. subprime mortgages before the global financial crisis.

Royal Bank of Scotland

Santa Monica Slaps Airbnb Owners with $500 Fines

The city of Santa Monica, California, which was nicknamed “The People’s Republic of Santa Monica” as far back as the early 1980s, has launched an attack on Airbnb and VRBO, using the Santa Monica City Council’s ban on short-term rentals issued in May 2015.


Brazil May Fine Landowners Who Hinder Efforts to Combat Zika

The Brazilian government announced that it is considering imposing fines on private landowners who do not allow public health officials on their property to eliminate breeding sites of the Aedes Aegypti mosquito that transmits the Zika virus, according to various news reports.

Getty Images

Millions Opt to Pay Fine, Refuse to Buy Health Insurance

Although 2.5 million new customers bought insurance through HealthCare.Gov after open enrollment began November 1, 10.5 million people eligible to buy coverage remained uninsured, according to the Obama Administration. One salient reason for the underenrollment may be that people opt to pay the fine for remaining uninsured rather that ante up the huge sums for insurance.

Stressed young woman with hands in hair (Image Source via AP Images)

Federal Grinch Ruining Christmas Drone Gifts

Those thinking of purchasing a drone for Christmas, either for themselves or others, may want to take a close look at the rules instituted by the FAA for flying drones.

Paul Mayall/picture-alliance/dpa/AP Images

CA Considers Legislation to Shoot Down Drones

The California legislature is examining two bills dealing with drone interference, one of which would allow public safety crews to shoot down a drone if it threatens personnel fighting fires.

Amazon PrimeAir Drone (AP / Amazon)

Brown’s Drought Mandates Drip Into San Diego Under “Series of Actions”

San Diego residents will feel the squeeze to comply with government mandated water restrictions under new declarations from the city’s Mayor Kevin Faulconer and councilmembers who joined California Governor Jerry Brown’s unprecedented decree to reduce water usage 25% statewide.

Rich Pedroncelli/AP