Blog

German car authority investigates Porsche over fuel consumption data REUTERS Germany's car authority KBA has started a probe against Porsche (VOWG_p.DE), suspecting incorrect fuel consumption data for gasoline-powered cars, news portal Business Insider reported on Thursday. read more » France charges Peugeot with consumer fraud in diesel emissions probe REUTERS

France's Citroen charged with consumer fraud over dieselgate probe REUTERS Carmaker Stellantis (STLA.MI) said on Thursday that its French Citroen unit had been charged with consumer fraud by French prosecutors in a far-reaching diesel emissions probe. read more » A former VW chief will pay the automaker $13.7 million over its emissions scandal NEW YORK TIMES

Avis Budget Group to Pay $10.1 Million to Settle False Claims Act Allegations for Overcharging United States on Rental Vehicles DOJ

Pope Rejects German Cardinal’s Offer to Resign NEW YORK TIMES

Whistleblowers YALE UNIVERSITY PRESS

How to stop judges from sexually harassing law clerks WASHINGTON POST

Volkswagen to get $351 mln in dieselgate settlement with former execs REUTERS Volkswagen said on Wednesday it had agreed to settle claims against four former executives, including long-time CEO Martin Winterkorn, that will see the carmaker receive 288 million euros ($351 million) in compensation related to its emissions scandal. read more » Former VW CEO charged with false testimony over diesel scandal REUTERS

France's Renault charged with deception over dieselgate probe REUTERS French carmaker Renault (RENA.PA) said on Tuesday that a French court had charged the company with deception over a diesel emissions probe launched in 2017, focused on some of its older vehicles and suspected test manipulations. read more »

SEC plans to go after market manipulation on social media, executive insider trading, Gensler says MARKETWATCH Securities and Exchange Commission Chairman Gary Gensler said Monday that his agency is focused on adopting new rules to guard against company executives using private information to opportunistically sell shares of companies they oversee, while acknowledging that the SEC must come up with new strategies to guard against market manipulation on social media. read more »

Volkswagen nears dieselgate claims settlement with former CEO Winterkorn REUTERS Volkswagen (VOWG_p.DE) on Sunday said it had reached the broad outlines of a settlement with former boss Martin Winterkorn over his role in the dieselgate scandal, with the final details to be thrashed out over coming days. read more » California Approves A Pilot Program For Driverless Rides NPR

Google will pay $270 million to settle antitrust charges in France over its ad technology NEW YORK TIMES Google agreed to pay roughly $270 million in fines and change some of its business practices as part of a settlement announced on Monday with French antitrust regulators who had accused the company of abusing its dominance of the online advertising market. read more » Ex-Hanford contractor to pay $3M to settle fraud allegations AP

Brazil probes U.S. oil trader Freepoint in alleged bribery scheme REUTERS Authorities in Brazil are investigating senior employees at Connecticut-based trading house Freepoint Commodities for their alleged role in a bribery scheme involving state-run oil company Petrobras, Reuters has learned. read more »

Tesla issues two U.S. recalls to address seat belt issues REUTERS Tesla Inc (TSLA.O) is issuing two new recalls to address seat belt issues, it said on Thursday. read more » Car recalls for May 27-June 3 DETROIT FREE PRESS

Lawsuit says Bristol-Myers avoided $6.4 bln payment by delaying cancer drug REUTERS A new lawsuit claims Bristol-Myers Squibb Co (BMY.N) improperly delayed the development of a drug to treat non-Hodgkin's lymphoma to avoid paying $6.4 billion to shareholders of the former Celgene Corp, which the drugmaker bought in 2019. read more »

Tesla recalls nearly 6,000 U.S. cars over potentially loose bolts REUTERS Tesla Inc (TSLA.O) is recalling nearly 6,000 U.S. vehicles because brake caliper bolts could be loose, with the potential to cause a loss of tire pressure, documents made public on Wednesday show. read more » Tesla drops radar; is Autopilot system safe? REUTERS

SEC Awards More Than $23 Million to Whistleblowers SEC

Senate Unanimously Clears Grassley Bill To Save CFTC Whistleblower Program SENATOR CHUCK GRASSLEY

Ex-VW boss to pay 10 mln euros in dieselgate damages REUTERS Former Volkswagen (VOWG_p.DE) chief Martin Winterkorn has agreed to pay around 10 million euros ($12 million) in damages to the carmaker over the diesel emissions scandal, Business Insider reported on Monday. read more » Fiat Chrysler recalls big Ram trucks; wheels could fall off ABC

Ford recalls Transit Connect vans for shifter issue DETROIT NEWS

Nike Says It Ended Deal With Neymar Amid Investigation of Sexual Abuse NEW YORK TIMES Nike ended its sponsorship agreement with the Brazilian soccer superstar Neymar last year after he refused to participate in an investigation of an accusation that he had sexually assaulted a Nike employee, the company confirmed Thursday night. read more »