Category: Business

Grand jury charges 4 Audi managers in emissions case

DETROIT (AP) — A federal grand jury in Detroit has indicted four Audi engineering managers from Germany in a widening diesel emissions cheating scandal. Richard Bauder, Axel Eiser, Stefan Knirsch and Carsten Nagel were named in a 12-count indictment alleging

Dispute over rules riles California’s legal pot market

LOS ANGELES (AP) — California has finalized its rules governing the nation’s largest legal marijuana market, a milestone coming more than a year after the state broadly legalized cannabis sales for adults. But a dispute over home deliveries into communities

SpaceX to build Mars spaceship in Texas, not Los Angeles

HAWTHORNE, Calif. (AP) — SpaceX says it will build its Mars spaceship in south Texas instead of the Port of Los Angeles, dealing another blow to the local economy only days after the company announced massive layoffs. The Southern California-based

Huawei reportedly target of U.S. criminal probe for trade secrets theft

The investigation is tied to civil suits filed against the Chinese telecom giant, including a 2017 case in which Huawei was found liable for stealing technology from Bellevue-based T-Mobile, a person close to the matter said. Original Article

PG&E bankruptcy could mean price hikes, unpaid fire lawsuits

SACRAMENTO, Calif. (AP) — Pacific Gas & Electric Co. said this week it will file for bankruptcy, raising concern that rates for electricity and gas will rise and victims of California wildfires who are suing the nation’s largest utility won’t

Seattle still has the most cranes in America, and construction isn’t losing much steam

Most of the cranes dotting the skyline now are building apartment high-rises, though there are also several new offices going up at a time of intense competition for space among companies. Original Article

Embattled President Maduro raises Venezuelan wages to $6.70

CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro is boosting the minimum wage again amid the country’s relentless battle against hyperinflation. Maduro presented his economic plans Monday at the start to his second disputed term, with increasing calls for him

FDA resuming inspections of riskier foods halted by shutdown

NEW YORK (AP) — The Food and Drug Administration says it is resuming inspections of some of the riskiest foods such as cheeses, produce and infant formula as early as Tuesday. Routine inspections had been briefly halted as a result

Bankruptcy possible for California utility after wildfires

SAN FRANCISCO (AP) — A newspaper says employees of Pacific Gas and Electric could learn this week if the utility will declare insolvency while facing billions of dollars in liability over its role in recent California wildfires. The San Francisco

Ghosn’s wife slams Japan detention as ‘draconian’ in letter

TOKYO (AP) — The wife of Nissan’s former chairman Carlos Ghosn has written a letter to Human Rights Watch, an advocacy group, criticizing Japan’s criminal justice system. Carole Ghosn wrote in a nine-page letter Monday her husband’s case highlights a

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