Brother of ex-Coinbase manager pleads guilty to insider trading charge REUTERS The brother of a former Coinbase Global Inc (COIN.O) product manager pleaded guilty on Monday to a wire fraud conspiracy charge, in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. read more »
SEC Charges Hudson Advisors and Lone Star Global for Failing to Disclose that Fund Fees Included More Than $50 Million of Owner’s Income Tax Liability SEC
Toyota reaches potential $150 mln U.S. settlement over fuel pump recalls REUTERS Toyota Motor Corp (7203.T) reached a settlement potentially worth $150 million to resolve U.S. class-action litigation tied to recalls of about 3.36 million Toyota and Lexus vehicles whose defective fuel pumps could cause engines to stall. read more »
Toyota Recalling 84,000 Tundra Pickups, Lexus NX250 and NX350 CAR AND DRIVER Toyota has announced that it will recall a combined 85,000 Tundra pickups and Lexus NX SUVs over an issue regarding the electronic parking brake. According to the announcement, affected vehicles may not properly engage or disengage the parking brake which in turn could lead to the vehicle rolling away. read more »
Ford recalls 198,000 U.S. SUVs due to risk of fire REUTERS Ford Motor Co (F.N) is recalling 198,000 SUVs in the United States to replace the blower motor assembly after reports of 25 fires, it said on Thursday. read more » Cruise updates software for autonomous vehicles after crash AP
Tesla wants videos of its cars running over child dummies taken down by safety group REUTERS Tesla Inc (TSLA.O) has demanded a safety advocacy group take down videos of its vehicles running over child dummies when its driver assistant system was engaged, calling them "defamatory" and "misleading." read more »
State Farm subsidiary to pay $100M for false Katrina claims ABC State Farm Fire and Casualty Co., a subsidiary of State Farm Insurance, has agreed to pay the federal government $100 million in restitution over its alleged mishandling of flood insurance claims after Hurricane Katrina. read more » Secret Service recovers $286M in stolen pandemic loans AP