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Tesla under investigation over possible defect in Model S and Model X battery packs
The U.S. National Highway Traffic Safety Administration (NHTSA) launched an investigation into Tesla over a potential defect in the battery packs of its Model S and Model X electric vehicles.…
By Catherine DavisLatest news
California Governor Signs Bill Allowing the Establishment of Public Banks
California will allow cities and counties to establish public banks under a newly-approved legislation. On Wednesday, Governor Gavin…
By Marivic Cabural SummersSEC files fraud charges against SBB Research and its top executives
SBB Research Group, a registered hedge fund adviser, and its top executives are facing fraud charges filed by…
By Cedric DentNew York, Pennsylvania oppose Purdue Pharma’s $38 million bonuses for executives
The attorneys general of New York State and Pennsylvania opposed the decision of Purdue Pharma to give $38…
By Catherine DavisMercury Insurance to pay $41 million to settle legal fight with California
Mercury Insurance Company finally settled its two decades long legal fight with California over its alleged unlawful business…
By Marivic Cabural SummersBMO advisory firms to pay $37 million for violating SEC rules
The Securities and Exchange Commission (SEC) said two BMO advisory firms agreed to pay more than $37 million…
By Cedric DentCourt says FCC cannot stop States from implementing their own net neutrality laws
The U.S. Court of Appeals for the District of Columbia issued a ruling affirming the Federal Communication Commission’s…
By Catherine DavisBlock.one to Pay $24 Million to Settle SEC Charges over Unregistered ICO
Block.one, a blockchain software company, reached a settlement agreement with the Securities and Exchange Commission (SEC) regarding its…
By Marivic Cabural SummersCalifornia Gov. Newsom signs legislation allowing student athletes receive compensation
California Governor Gavin Newsom approved legislation allowing college athletes in the state to receive compensation from endorsement deals.…
By Marivic Cabural SummersGOP Rep. Chris Collins expected to plead guilty to insider trading charges
Republican Rep. Chris Collins of New York is expected to plead guilty to insider trading charges related to…
By Marivic Cabural SummersCalifornia AG sues Paul Blanco’s Good Car Company over illegal business practices
California Attorney General Xavier Becerra sued Paul Blanco, a prominent car dealer and his company for allegedly committing…
By Marivic Cabural Summers
