Sources: Reuters
Eight hundred protesters storm the Tesla plant in Grünheide, Germany, in protest of the environmental impact of the company's expansion. 2024-05-10
The United States enters a technical recession after its economy shrank for the 2nd consecutive quarter. 2022-07-28
Under the terms of a settlement with the U.S. Securities and Exchange Commission, Elon Musk and Tesla, Inc. agree to pay $20 million each to financial regulators, and Musk is expected to resign as chairman, but will remain as chief executive. 2018-09-29
A US federal judge orders PricewaterhouseCoopers to pay US$625.3 million compensation to Federal Deposit Insurance Corp. The judge rules PwC negligently caused losses to F.D.I.C. by failing to uncover fraud during audits of Colonial BancGroup. Colonial, one the nation's 25 largest banks, and Taylor, Bean & Whitaker, the 12th-largest mortgage broker in the US, both collapsed in August 2009 as a result of fraud between the two. F.D.I.C. was the receiver for Colonial. 2018-07-2
Fox buys seven TV stations from Sinclair Broadcast Group for US$910 million. 2018-05-9
All Bon-Ton department stores are expected to close by August. At the time of announcement, the company operated 256 stores under its own name and the Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers nameplates. 2018-04-20
The U.S. Department of Justice files a lawsuit blocking the potential merger of AT&T and Time Warner. 2017-11-20
U.S. Federal Reserve Vice Chair Stanley Fischer announces he will resign in mid-October, eight months before his term expires. 2017-09-6
New York State-based GateHouse Media announces an agreement to buy 11 U.S. newspapers from Georgia-based Morris Communications. Included in the deal is the "Log Cabin Democrat", founded in 1879, and three Alaskan newspapers: the "Juneau Empire", the "Peninsula Clarion" and "Homer News". The deal is expected to close on October 2. 2017-08-10
South Australia finalizes a deal with Tesla, spearheaded by tweets originating from CEO of Tesla Elon Musk, to install a battery system in the state. Tesla said in a statement that upon completion by December 2017, the system would be the largest lithium-ion battery storage project in the world, overtaking an 80 megawatt-hour power station at Mira Loma in California also built using Tesla batteries. 2017-07-7