Musk’s Tesla Tweets Didn’t Defraud Investors, Jury Says
SAN FRANCISCO — A jury on Feb. 3 decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla.
February 6, 2023Closing Arguments in Tesla Trial Keep Musk Center Stage
Elon Musk’s lawyer told a jury the Tesla Inc. chief executive officer has been “falsely accused” of defrauding investors and argued that the billionaire is not a “fire-breathing tweeting monster.”
February 3, 2023Carriers Hoping to See Relief After Years of Insurance Premium Increases
Carriers have weathered years of insurance premium increases and may see slight relief in 2023, but insurance providers continue to face inflation, economic pressures and larger verdicts in both average loss and nuclear verdicts.
February 3, 2023January Hiring Burst Stuns Economists as Market Adds 517,000 Jobs
The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.
February 3, 2023Treasury Expands Tax Credits to More Electric SUVs
WASHINGTON — The Treasury Department said Feb. 3 it is making more electric vehicles eligible for tax credits of up to $7,500 under new vehicle classification definitions.
February 3, 2023DOT Updates Safety Initiative After First Year
The Department of Transportation over the past year has undertaken a variety of actions related to guidance and rulemakings that officials say will lay the groundwork for reducing the number of fatal crashes on U.S. roadways.
February 3, 2023GM’s Self-Driving Expansion Faces Challenges in San Francisco
General Motors-owned Cruise is working to expand its paid service to all of San Francisco and run it 24 hours a day.
February 3, 2023Iowa Extends Overweight Limits for Agricultural Transport
Iowa Gov. Kim Reynolds has extended through Feb. 19 the harvest time proclamation for weight limits and the transportation of grain, fertilizer and manure.
February 3, 2023Nissan Technicians Can Vote on Union, NLRB Rules
A group of around 86 Nissan North America Inc. technicians at a Tennessee manufacturing plant can vote on unionization, the U.S. labor board ruled.
February 3, 2023Democrats Tout Biden’s Big Infrastructure Implementation
The leader of the U.S. Senate is among senior Democrats praising the Biden White House’s management of a $1.2 trillion infrastructure law amid renewed calls for oversight from congressional Republicans.
February 2, 2023