Europe Files Antitrust Charges Against Google, Big Fine Expected

Europe has pulled the trigger and filed antitrust charges against Google (GOOG). The case is the biggest competition battle since its pursuit of Microsoft (MSFT) more than a decade ago. The European Union charge focuses on complaints that Google uses its dominant internet search engine to favor its own services above rivals. Google could face a fine of $6 billion dollars. Intel's profit was up 3 percent but revenue was flat. Intel has suffered from a declining market for personal computers. CSX benefits from lower fuel prices. It's profit rose 11%. It also increased its dividend and boosted its stock buyback program.