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U.S. government agency sued over sale of ‘certified’ used cars

February 7, 2017 by · Leave a Comment 

The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission (FTC) on Monday for allowing used cars to be advertised as “certified” or safe despite being the target of an outstanding safety recall. The FTC reached an agreement in January 2016 with General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc , that allows them to advertise cars as “certified pre-owned vehicles” even though they might have an issue …

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U.S. government agency sued over sale of ‘certified’ used cars

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Channeling Steve Jobs, Apple seeks design perfection at new "spaceship" campus

February 7, 2017 by · Leave a Comment 

By Julia Love SAN FRANCISCO (Reuters) – Inside the original Macintosh computer, Apple co-founder Steve Jobs inscribed the signatures of his team, revealing his deep concern for even the hidden features of his products. The campus is something of an exception to the trend of radically open offices aimed at fostering collaboration, said Louise Mozingo, a professor and chair of the Department of Landscape Architecture and Environmental Planning at U.C. Berkeley.

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Channeling Steve Jobs, Apple seeks design perfection at new "spaceship" campus

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Oil prices steady after sharp rise in U.S. stockpiles

February 2, 2017 by · Leave a Comment 

Oil prices steadied on Thursday after a sharp rise in U.S. crude and gasoline stockpiles, although evidence that OPEC and other big exporters were cutting production helped support sentiment. Brent crude was up 5 cents at $56.85 a

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Oil prices steady after sharp rise in U.S. stockpiles

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Emission probes could widen beyond Renault in France: Minister

January 15, 2017 by · Leave a Comment 

A judicial investigation into diesel emissions testing in France could widen beyond Renault after tests showed other carmakers had exceeded the authorized levels, the French environment minister said on Sunday, without elaborating. Shares…

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Emission probes could widen beyond Renault in France: Minister

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Moody’s pays $864 million to U.S., states over pre-crisis ratings

January 15, 2017 by · Leave a Comment 

Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday. The credit rating agency reached the deal with the Justice Department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the …

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Moody’s pays $864 million to U.S., states over pre-crisis ratings

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Volkswagen, Justice Dept. nearing $3 billion deal to resolve diesel allegations

January 7, 2017 by · Leave a Comment 

By David Shepardson and Joel Schectman WASHINGTON (Reuters) – Volkswagen AG and the U.S. Justice Department are nearing an agreement to resolve the government's civil and criminal investigations that would require the German automaker to pay a penalty of more than $3 billion, sources briefed on the talks said on Friday. Volkswagen is also expected to face oversight by an outside…

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Volkswagen, Justice Dept. nearing $3 billion deal to resolve diesel allegations

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U.S. Labor Department launches review of all Wells Fargo complaints

September 26, 2016 by · Leave a Comment 

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a “top-to-bottom” review of all cases, complaints and other alleged violations that…

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U.S. Labor Department launches review of all Wells Fargo complaints

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U.S. authorities subpoena Goldman in 1MDB probe: WSJ

July 31, 2016 by · Leave a Comment 

Goldman received the subpoenas earlier this year from the U.S. Department of Justice (DoJ) and the Securities and Exchange Commission (SEC), the Journal reported, citing a person familiar with the matter. The authorities also want to interview current and former Goldman employees in connection with the inquiries, but none of those meetings had occurred by Friday, WSJ said. The Department of Justice and the SEC

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U.S. authorities subpoena Goldman in 1MDB probe: WSJ

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U.S. prosecutors launch review of failed FedEx drug case

July 15, 2016 by · Leave a Comment 

SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Department of Justice has begun a rare internal examination of what went wrong in the prosecution of a controversial drug conspiracy case against delivery service Federal Express , the department's top prosecutor in San Francisco told Reuters. The review plays into a broader debate about how the government prosecutes suspected corporate wrongdoing and could influence its approach to such cases in …

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U.S. prosecutors launch review of failed FedEx drug case

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Laptop in wreckage of Tesla Autopilot car: Florida investigators

July 7, 2016 by · Leave a Comment 

Neither the laptop nor a DVD player also found in the vehicle was running after the crash, said Sergeant Kim Montes of the Florida Highway Patrol. Montes said investigators could not determine whether the driver was operating either at the time of the accident.

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Laptop in wreckage of Tesla Autopilot car: Florida investigators

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