Carnival Corp.’s Princess Cruise Lines agreed to pay a $40 million penalty and to plead guilty to seven criminal charges stemming from the cruise company’s polluting the seas and efforts to cover it up. According to the Justice Department, as part of an agreement with the U.S. government, cruise ships from eight of Carnival’s cruise lines will be under a court-supervised environmental monitoring program for five years, which will...

Source: Wall Street Journal December 01, 2016 16:48 UTC