U.S. agency urges some GM van owners to park outside pending recall REUTERS The U.S. National Highway Traffic Safety Administration said owners of about 10,000 new General Motors vans should park outside because of fire risks pending recall repairs. read more » Honda recalls over 628,000 US vehicles to replace fuel pumps ABC NEWS
Financial Crime Reporting Rules Extended To Cryptoasset Firms FORBES The UK’s financial regulator, the Financial Conduct Authority (FCA), has announced a shake-up of its anti-money laundering activities which will see firms dealing in cryptoassets obliged to file annual reports on their trading activities. read more »
EY drops appeal against $10.8m whistleblower payment BBC Global accounting and consultancy firm EY has dropped its appeal against a judge's decision ordering it to pay $10.8m to a whistleblower who flagged money laundering concerns. read more » In Goldman securities case, U.S. Supreme Court wrestles over investor class actions REUTERS
Volkswagen recalls Audi A3s in the U.S. over air bag concerns REUTERS Volkswagen has issued a recall for more than 150,000 Audi vehicles in the United States on concerns that their passenger air bags might not activate, according to a filing to the National Highway Traffic Safety Administration. read more »
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 The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter. read more » 'Your identity is safe with us', UK finance watchdog tells whistleblowers 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
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 » U.S. senators press Biden to set end date for gas-powered car sales REUTERS
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 » Has Another Decade-Old GM Coverup Come to Light? THE TRUTH ABOUT CARS
U.S. Justice Department probing Visa over debit-card practices REUTERS The U.S. Department of Justice is investigating whether Visa Inc is engaging in anticompetitive practices in the debit-card market, the Wall Street Journal reported on Friday, citing people familiar with the matter. read more » uBiome Co-Founders Charged With Federal Securities, Health Care Fraud Conspiracies DOJ
English football's 'dark day' as report into child sex abuse shows 'significant institutional failures' CNN