SEC probes Elon Musk, brother Kimbal over Tesla share sales - WSJ REUTERS The U.S. Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc (TSLA.O) Chief Executive Elon Musk and his brother Kimbal Musk "violated insider trading rules", the Wall Street Journal reported on Thursday, citing people familiar with the matter. read more » Companies Finalize $26 Billion Deal With States and Cities to End Opioid Lawsuits NEW YORK TIMES
Government Contractor Agrees to Pay Record $48.5 Million to Resolve Claims Related to Fraudulent Procurement of Small Business Contracts Intended for Service-Disabled Veteran DOJ
U.S. NHTSA probes 1.7 mln Honda vehicles over unexpected braking complaints REUTERS The U.S. transport safety regulator said on Thursday that it has launched an investigation into 1,732,000 Honda Motor (7267.T) vehicles over reports of instances of inadvertent braking that increase risk of a collision. read more » Ford recalls 330,000 Mustangs to fix backup camera DETROIT FREE PRESS
Analysis: Tesla software updates allow quick fixes - and taking risks REUTERS Tesla Inc's ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but that also carries risk as cars become more like rolling computers. read more »
Tesla faces another US investigation: unexpected braking AP
Elon Musk Accuses SEC of Attacking His Right to Free Speech With 'Unrelenting' Probe CNET Tesla and Elon Musk lashed out at the US Securities and Exchange Commission on Thursday, accusing the agency of carrying out a "harassment campaign" against the CEO and his electric car company over a 2018 regulatory settlement. read more »
Stellantis recalls some Chrysler Pacifica Hybrid minivans for fire risk DETROIT FREE PRESS Worries about a potential fire risk have prompted Stellantis to warn owners of certain Chrysler Pacifica Hybrid minivans not to park them near structures or vehicles and not to recharge them. read more » GM to restart Chevy Bolt factory after battery fire recalls AP
Elon Musk calls NHTSA the 'fun police' after Tesla recalls AUTO NEWS Elon Musk apparently isn’t pleased with pressure the National Highway Traffic Safety Administration put on Tesla Inc. to conduct its 11th recall in the U.S. in just over three months. read more »
SEC Says It Won’t Limit Whistleblower Payouts WSJ The Securities and Exchange Commission said Thursday that it was revising two amendments governing the rules of its whistleblower program to address concerns that they would discourage tipsters from coming forward. read more » Catholic Medical Center Agrees to Pay $3.8 Million to Resolve Kickback-Related False Claims Act Allegations DOJ
Tesla recalls nearly 579,000 U.S. vehicles over pedestrian warning risk sounds REUTERS Tesla Inc (TSLA.O) is recalling 578,607 vehicles in the United States because pedestrians may be unaware of an approaching vehicle if warning risk sounds are obscured, U.S. regulators said Thursday. read more » ‘Full Self-Driving’ clips show Teslas on train tracks and fighting for control. Experts see deep flaws WASHINGTON POST
Private fund advisers to spell out fees, performance under new U.S. SEC proposals REUTERS The U.S. Securities and Exchange Commission (SEC) on Wednesday voted to propose heightened regulations meant to scrutinize how private fund advisers charge fees to investors and measure fund performance. read more »