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China policymakers pledge stability for ‘complex’ year ahead

January 1, 2017 by · Leave a Comment 

China's economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face “complexity” in the new year. The central bank – while reaffirming a…

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China policymakers pledge stability for ‘complex’ year ahead

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Tesla owner files lawsuit in California claiming sudden acceleration

January 1, 2017 by · Leave a Comment 

Tesla Motors Inc was sued on Friday by a Model X owner who said his electric SUV suddenly accelerated while being parked, causing it to crash through the garage into the owner's living room, injuring the driver and a passenger. The Model X owner, Ji Chang Son, said that one night in September, he slowly pulled into his driveway as his garage door opened when the car suddenly sped forward. It cites seven other complaints registered in a database compiled by the National Highway Traffic Safety …

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Tesla owner files lawsuit in California claiming sudden acceleration

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Wells Fargo faces proposed class action over bogus accounts

September 17, 2016 by · Leave a Comment 

Wells Fargo & Co, embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and recklessness for its behavior. The lawsuit was filed in the U.S. District Court in Utah, and seeks class-action status on behalf

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Wells Fargo faces proposed class action over bogus accounts