US Penalizes an American Company with a First-Ever Fine for CNC Machine Exports to Russia

8 comments

1. Lots of our newer machines have gps, movement sensors and other stuff to prevent sanction breaking.

2. I’m sure a fine of one quarter of one percent of the company’s 2023 revenue will motivate the company not to do it any more /s

3. ooohhhh I knew it would be HAAS hahaha

4. $2.5 mil sounds like a slap on the wrist

5. I just have this feeling that if anybody’s going to go hard on the financial side of the war, it will be Donald Trump. As long as the fines aren’t on Musk, of course…

   Of course, where the money actually ends up is anybody’s guess.

6. Should be massive fines that can be lessened by firing members of the C-suite. No buyouts or compensation for the execs. Either you’re company is damn near bankrupt now or you are fired. Pick one.

7. Only 2.5 million lol. They made 10x that selling this shit. If the penalty doesn’t exceed the potential profits and then some, it’s just part of the cost of doing business

8. Fine should be at least 10x what they sold it for.

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