US Court Orders Terraform Labs" Chief To Comply With SEC Subpoenas
A US court has ordered the chief executive of collapsed stablecoin operator Terraform Labs to comply with subpoenas from the regulator seeking documents and materials related to the sale of potential unregistered securities. From a report: The US cou.....»»
U.S. appeals court judges challenge NADA, FTC in oral arguments for CARS Rule case
U.S. appeals court judges during oral arguments Oct. 9 delved into the National Automobile Dealers Association challenge and Federal Trade Commission's defense of the CARS Rule regulations looming over dealerships......»»
X reinstated in Brazil after Musk pays fines, agrees to follow local laws
X blocked accounts and paid $5 million in fines to get back online in Brazil. Brazil's Supreme Court is allowing Elon Musk's X to resume operations, apparently ending a months-lon.....»»
Stellantis CEO eyes management shake-up as pressure mounts
Stellantis Chief Executive Officer Carlos Tavares is planning a deep management reshuffle in response to the automaker’s disastrous profit warning, according to people familiar with the situation......»»
North America can seize EV leadership from China, GM battery chief says
The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»
Toyota chief scientist wants industry to fight the "real common enemy"
Gill Pratt says cutting global carbon emissions should be the goal and that a mix of powertrains will be needed to achieve success......»»
Florida Hospitals and Nursing Homes Are Bracing for Hurricane Milton
More than 200 health care facilities in impacted areas are moving patients and residents in what the state’s chief of emergency medical oversight calls “our largest evacuation ever.”.....»»
Brazilian court unblocks X after company pays fines and complies with orders
We reported in August that the social network X was banned in Brazil following a dispute between Elon Musk and the Brazilian Supreme Court. More than a month later, the Musk-owned company has backtracked and decided to comply with the Brazilian court.....»»
Judge orders Google to distribute third-party app stores on Google Play
Injunction in Epic case gives rival app stores three years to catch up to Google. A federal judge yesterday ordered Google to open up the Google Play Store and its collection of a.....»»
Asbury asks court to block FTC administrative law case, calls agency system unconstitutional
Asbury Automotive Group on Oct. 4 asked the U.S. District Court for the Northern District of Texas to block the Federal Trade Commission's administrative law case against the group, arguing that the FTC's separate internal legal proceedings against i.....»»
Georgia Mercedes dealership sues commercial vehicle customizer for nearly $5 million
A Georgia dealership sued a South Carolina company for nearly $5 million for failing to pay for 83 Mercedes-Benz vehicles it bought in 2023, according to a federal court suit......»»
SCOTUS denial ends saga of Shkreli’s infamous 5,000% drug price scheme
The Supreme Court offered no explanation for denying the petition. The legal saga over Martin Shkreli's infamous 5,000 percent price hike of a life-saving anti-parasitic drug has.....»»
Daily 5 report for Oct. 7: Stellantis, already facing challenges, signals it"ll play hardball with the UAW
Once again, Stellantis is dominating our headlines with its latest challenge: playing hardball with the UAW. Last last week Stellantis filed nine lawsuits against the union, the first one in U.S. District Court in California, seeking to block any.....»»
Bankrupt EV maker Fisker faces probe by U.S. securities regulator; multiple subpoenas issued
Fisker is selling off its assets and plans to ask a U.S. bankruptcy judge to approve its liquidation plan at an Oct. 9 hearing in Wilmington, Del......»»
Supreme Court lets stand rules to curb mercury, methane emissions
The US Supreme Court declined on Friday to block environmental regulations aimed at reducing harmful emissions of mercury from power plants and methane from oil and gas facilities......»»
AAPL earnings call on October 31 will include early iPhone 16 sales
The AAPL earnings call for Q4 2024 has been scheduled for October 31, and will give our first official hint about early iPhone 16 sales. The fiscal quarter covers July to September. Pre-orders for the new iPhone models opened on September 13, with.....»»
CDK ordered to transfer dealership data for Asbury-Tekion pilot
A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury dealerships for use in the group's planned Tekion pilot there......»»
Spotting AI-generated scams: Red flags to watch for
In this Help Net Security interview, Andrius Popovas, Chief Risk Officer at Mano Bank, discusses the most prevalent AI-driven fraud schemes, such as phishing attacks and deepfakes. He explains how AI manipulates videos and audio to deceive victims an.....»»
Judge orders CDK to transfer dealership data for Asbury Tekion pilot
A Gwinnett County Superior Court judge has ordered CDK Global to provide Asbury Automotive Group with data from four Georgia Asbury's dealerships for use in the group's planned Tekion pilot there......»»
Trust in US Supreme Court continues to sink, survey finds
Driven by political partisanship, public trust in the U.S. Supreme Court has continued a downward slide since the court's 2022 Dobbs decision overturning the Roe v. Wade ruling that established a constitutional right to abortion, according to a new s.....»»
A Lawsuit From Backers of a ‘Startup City’ Could Bankrupt Honduras
The country faces a wave of claims after it repealed a law allowing for special economic zones. Chief among them is an American company looking to build a semi-autonomous “startup city” called Próspera......»»