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Volkswagen to seek dieselgate damages from former CEO, Audi boss REUTERS Volkswagen will claim damages from former Chief Executive Martin Winterkorn and former Audi boss Rupert Stadler over its diesel emissions scandal, the carmaker said on Friday, trying to draw a line under its biggest-ever crisis. read more »

GM's large SUVs recalled for potential seat belt defect CNET

U.S. regulator opens inquiry into Wall Street's blank check IPO frenzy REUTERS

UK Mercedes-Benz car owners seek damages over alleged emissions cheating THE GUARDIAN

U.S. SEC begins roll-out of law aimed at delisting Chinese firms REUTERS The top U.S. securities regulator on Wednesday said it has adopted a measure that would kick foreign companies off U.S. stock exchanges if they do not comply with U.S. auditing standards. read more » Three Indicted in Bribery Scheme Related to U.S. Military Contracts in Alaska DOJ

How Volkswagen’s emissions scandal set the stage for a pivot to electric vehicles NEW YORK TIMES

McKinsey settles with holdout Nevada for $45 million over role in opioid crisis REUTERS McKinsey & Co will pay $45 million to settle an investigation by Nevada of the big consulting firm’s role in fueling the U.S. opioid epidemic. read more » Texas Doctor Accused of False Claims Act Violations DOJ

30 Years After Anita Hill, We Should All Know What Sexual Harassment Is NEW YORK TIMES

How Volkswagen’s Sins Fueled Its Redemption NEW YORK TIMES Not long ago Volkswagen was a global pariah after pleading guilty to the biggest emissions fraud in automotive history. Now it is the toast of the stock market, with its shares worth twice as much as they were a year ago. read more »

CFTC Orders Coinbase Inc. to Pay $6.5 Million for False, Misleading, or Inaccurate Reporting and Wash Trading CFTC

Hyundai Recalls 95,000 Genesis Sedans, G80 for Possible Fire Risk CAR AND DRIVER Hyundai has issued a recall for 94,646 of its sedans due to the risk of a fire starting from the anti-lock-brake (ABS) system module. The recall includes the 2015–2016 Hyundai Genesis sedan as well as the 2017–2020 Genesis G80. read more »

U.S. Justice Department probing Visa over debit-card practices REUTERS

English football's 'dark day' as report into child sex abuse shows 'significant institutional failures' CNN

Carmakers Strive to Stay Ahead of Hackers NEW YORK TIMES

U.S. safety regulators reviewed concerns over GM sensor REUTERS U.S. automotive safety regulators reviewed evidence related to an allegedly defective steering sensor that was used in roughly 778,000 older General Motors Co vehicles but ultimately decided against opening a formal investigation into the matter. read more »

Former Owners of Telemarketing Company Agree to Pay At Least $4 Million to Resolve False Claims Act Allegations DOJ

Toyota warns rivals' gasoline engine phase-out goals must overcome huge challenges REUTERS A senior Toyota executive will express skepticism before U.S. senators Tuesday about aspirations by rival automakers to phase out gasoline-powered vehicles, saying those goals must overcome many obstacles. read more » Some GM truck owners will pay more at the pump because of a computer chip shortage CNN

GM builds pickups without certain modules due to global chip shortage, hurting fuel economy REUTERS General Motors Co said on Monday that due to the global semiconductor chip shortage the U.S. automaker is building certain 2021 light-duty full-size pickup trucks without a fuel management module, hurting those vehicles’ fuel economy performance. read more »

Advocacy group pushes Iowa lawmakers to pass bill eliminating sex abuse statutes of limitations KCRG

ABN Amro shares fall on concerns about size of possible money laundering fine REUTERS ABN Amro shares fell 4% in early trading in Amsterdam on Monday, following reports that the Dutch bank might face a higher-than-expected penalty in an ongoing money laundering investigation. read more »