A Tesla shareholder has filed a lawsuit accusing CEO Elon Musk of insider trading, alleging he sold $7.5 billion in shares before poor production and delivery figures were released, resulting in $3 billion in improper profits.
Legal & Regulatory
Toyota and Mazda Halt Shipments Amid Safety Test Data Scandal
Toyota and Mazda halt vehicle shipments amid Japan's widening auto safety scandal due to irregularities in safety test data, leading to suspension of shipments by other automakers and potential repercussions.
HMRC's Technical Glitch Leaves Half a Million Without Child Benefit Payment
Half a million people faced delayed Child Benefit payments on June 3 due to a technical glitch at HMRC, sparking social media complaints and concerns over financial strain.
Shein to File 50 Billion Pound London IPO Prospectus as Early as This Week: Report
Fast fashion giant Shein is reportedly gearing up to submit a prospectus to Britain's Financial Conduct Authority as it aims for approval for a potential IPO in London.
New Colorado Tax Credit Aims to Slash Child Poverty, Leveraging TABOR Surplus
Colorado Governor Jared Polis signed a significant tax credit into law aimed at cutting child poverty in half, using the state's TABOR surplus.
Latest News
Ticketmaster owner Live Nation confirmed that hackers stole personal details of 560 million customers, demanding a $500,000 ransom to prevent the data from being sold.
The New York Times, owner of the web-based word game Wordle, has taken legal action against the creator of the location-guessing game Worldle.
US regulators have extended a ban on Boeing, increasing production of its 737 MAX planes due to ongoing safety concerns.
Shares of Trump Media & Technology Group recovered in pre-market trading on Friday following an initial sell-off after former President Donald Trump was convicted in his hush money trial.
Alirio and Jose Luis Zambrano, two of the six Citgo executives who were trapped and imprisoned in Venezuela, have accused their former company of abandoning them in a lawsuit filed in Houston.
Boeing firefighters approved a new four-year contract deal on Thursday, ending a lockout that had persisted for weeks.
A New Mexico judge has ruled to remove Meta CEO Mark Zuckerberg from a child safety lawsuit. A New Mexico judge has ruled to remove Meta CEO Mark Zuckerberg from a lawsuit alleging that the company failed to protect young users from child sexual abuse content.
Former President Donald Trump's felony conviction has reportedly sparked a surge of support from Republican donors, who have pledged millions to support his reelection bid.
The US Department of Labor has filed a lawsuit against Hyundai Motor Co, an auto parts plant, and a labor recruiter in Alabama, alleging illegal use of child labor and seeking an order to relinquish any profits related to the exploitation.
