Legal & Regulatory
Fisker Asks Judge to Approve Sale of Ocean EVs for $14,000 Each Amid Bankruptcy
EV startup Fisker has requested a bankruptcy judge's approval to sell over 3,000 Ocean electric SUVs to American Lease for approximately $14,000 each, totaling $46.25 million.
Microsoft Agrees to $14.4M Settlement Over Retaliation and Discrimination Claims in California
Microsoft has agreed to a $14.4 million settlement following a California Civil Rights Department investigation that found the company discriminated and retaliated against employees who took parental, disability, or family care leave.
General Motor Faces $145.8 Million Penalty Over Excess Carbon Emissions in 5.9 Million Vehicles
The Environmental Protection Agency (EPA) found that General Motors emitted more than 10% of what was reported between 2012 and 2018 in 5.9 million vehicles, penalizing the company with $145.8 million.
Germany Refuses to Let Chinese Company Buy Volkswagen's Gas Turbine Unit Over Fear of Military Use
Germany has rejected a Chinese state-owned company's bid to buy a gas turbine unit of Volkswagen Group's subsidiary company, citing national security concerns under the Foreign Trade and Payments Act.