The issue can be triggered when the car accelerates while operating under cruise control, which it might do in order to maintain its speed while climbing a hill, the company said. This could potentially cause a short circuit.
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Cambridge Analytica whistle-blower Christopher Wylie said Facebook Inc. Chief Executive Officer Mark Zuckerberg engaged in "a spectacle of non-answers" in testimony before U.S. and European lawmakers that would increase the chances the social network will face regulation and further harm the trust of its users.
The scheme is alleged to have resulted a loss of up to $1.8 million to the Medicare program by submitting claims to Medicare from 2013 through 2017 related to Medicare beneficiary information that he obtained by paying illegal kickbacks.
A former Valeant Pharmaceuticals International Inc. executive was found guilty of accepting a $10 million bribe for manipulating the company's takeover of a startup mail-order pharmacy in 2014 -- the latest fallout from a scandal that shook the drugmaker.
GlaxoSmithKline is facing fresh criticism over the way it treats whistleblowers after a lawsuit was filed by a former senior technical lead claiming he was harassed and wrongfully dismissed after repeatedly warning over issues with the pharmaceutical giant's computer fleet.
The Justice Department and the Virginia attorney general's office are jumping in to a whistleblower's lawsuit alleging a subcontractor deliberately used bad concrete on a $2.6 billion project to extend the D.C. region's Metrorail system to Dulles International Airport.
The Securities and Exchange Commission is pitching a fake initial coin offering to educate investors on the pitfalls of too-good-to-be-true ventures. The bogus digital currency, called HoweyCoins, has a sleek website, complete with a white paper, and pictures of made-up celebrity promoters and luxurious destinations. The token's backers anticipate at least 1 percent daily returns and a hedge against inflation by combining "the magic of coin trading profits and the excitement and guaranteed returns of the travel industry.
Prosecutors have already charged Insys founder John Kapoor and won guilty pleas from two characters in an ongoing kickbacks probe. Now, the Justice Department has escalated the case by joining in with whistleblowers who've detailed a stunning range of techniques the company allegedly used to push its powerful opioid painkiller.
Fiat Chrysler Automobiles is getting a double dose of bad news as the company has been hit with an amended class-action lawsuit which claims at least two defeat devices were installed in 2007-2012 Ram 2500 and 3500 trucks equipped with the Cummins 6.7-liter diesel engine.
The chief executive of Fiat Chrysler Automobiles NV admonished a company spokesman in 2015 for saying the company didn't rig its vehicles with illegal software to pass emissions tests, according to documents filed in a related lawsuit.
The U.S. Department of Justice has joined whistleblower litigation accusing Insys Therapeutics Inc of trying to generate more profit by paying kickbacks to doctors to prescribe powerful opioid medications.
The U.S. Supreme Court turned away an appeal from the first commodities trader convicted of spoofing since Congress made it a crime, rejecting arguments that the 2010 ban is so vague it should be overturned. The justices, without comment Monday, left intact a three-year prison sentence imposed on Michael Coscia, the former principal of Panther Energy Trading.
The emissions scandal catapulted the native Austrian to the pole position at the carmaker. But investigations at Volkswagen and his former employer, BMW, pose a risk to his stellar career.
The regulatory findings will also be closely read by lawmakers keen to ensure top banking officials are held accountable for their actions at a time when there are growing calls to better protect whistleblowers.
Jeep is recalling nearly 240,000 SUVs in the United States to replace a suspension part that may break and cause drivers to lose control of the vehicles.
A heavy weight has finally been lifted off the shoulders of Royal Bank of Scotland CEO Ross McEwan. The British bank said today that it agreed to pay $4.9 billion to the US Justice Department to settle an investigation into RBS's mis-selling of mortgage securities in the run-up to the global financial crisis.
A former Massachusetts man who ran what prosecutors called a Ponzi-style scheme that defrauded 15 investors out of more than $6 million has been convicted.
Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world.
Audi has admitted that another 60,000 A6 and A7 models with diesel engines have emission software issues. The number is on top of the 850,000 recalled last year by the Volkswagen subsidiary, of which only some have been found to require modification. The so-called dieselgate emissions scandal first came to light in September 2015.
The German prosecutors are investigating Winterkorn and 48 others in connection with the emissions scandal. U.S. authorities charged Winterkorn on Thursday with fraud and conspiracy in connect with use of illegal software used to cheat on U.S. diesel emissions tests.
