Citi to overhaul London trading team linked to 'flash crash' REUTERS Citigroup (C.N) is overhauling the leadership of one of the teams linked to a 'flash crash' that sent European stock markets tumbling this month, three sources told Reuters. read more » Bitcoin investors are panicking as a controversial crypto experiment unravels CNBC
Tesla recalls 130,000 vehicles in U.S. over touchscreen display malfunction REUTERS Tesla Inc (TSLA.O) is recalling about 130,000 vehicles in the United States following an overheating issue that may cause the center touchscreen display to malfunction, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. read more »
European raids over defeat devices in Suzuki diesel engines REUTERS Prosecutors in Germany, Italy and Hungary have conducted searches related to the use of illegal defeat devices that provide rigged emissions readings to comply with European Union regulations in Suzuki (7269.T) diesel vehicles. read more » New Doc 'Elon Musk's Crash Course' to Take Hard Look at Tesla Safety CNET
In a First for the Air Force, a General Is Convicted of Sex Abuse NEW YORK TIMES An Air Force major general was found guilty of forcibly kissing a woman in 2018, in the first court-martial trial and conviction of a general officer in the 75-year history of the military branch, its authorities said. read more »
Jeffrey Epstein, a Rare Cello and an Enduring Mystery NEW YORK TIMES When Jeffrey Epstein died in prison in 2019, he took many secrets with him. One was how a sexual predator and college dropout managed to forge bonds with an astonishing number of the world’s richest and most powerful men, like Britain’s Prince Andrew and the crown prince of Saudi Arabia. read more »
Paramount, Moonves settle CBS shareholder #MeToo class action for $14.7M REUTERS Paramount Global (PARA.O) has agreed to pay $14.75 million to shareholders of the former CBS Corp in a proposed class action claiming the company's failure to disclose sexual misconduct allegations against former CBS chief executive Leslie Moonves artificially inflated the value of its stock. read more »