AP Exclusive: Emails show California's transportation agency coordinated with gas tax supporters as the political effort to repeal the law intensified
According to Reuters, a U.S. judge on Tuesday approved a settlement between a federal regulator, Tesla, and its chief executive officer, Elon Musk, over his tweets promising to take the company private. Under an agreement with the SEC, Musk has agreed to pay a $20 million fine and step aside as Tesla’s chairman for three years to settle charges that could have forced his exit from Tesla. The company will also pay a $20 million fine, despite not being charged with fraud.
Little black stretch pants - not just the workout uniform of women everywhere. It's Chip Wilson's new book. He's the founder and former CEO of Lululemon, the $20 billion athletic brand.
Volkswagen is once again counting the cost of cheating on diesel engine emissions tests. The German carmaker said Tuesday that it had been hit with a new fine relating to failings at its Audi subsidiary. Munich prosecutors on Tuesday imposed a fine of $926 million on Audi. Taking the total cost to the Volkswagen Group globally to $32.7 billion. That is equivalent to 12% of Volkswagen's annual sales last year.
Netflix reported user growth that exceeded Wall Street expectations, underscoring a recovery for the online streamer following a rare miss in new user additions last quarter.
Business Insider reports that Steven Mnuchin, Secretary of the Treasury, was a member of the Sears board. In fact, he was on the board for the time that President Donald Trump said it was "improperly run." Sears filed for Chapter 11 bankruptcy on Monday. Trump said: "Sears has been dying for many years." Mnuchin was a member of Sears' board from 2005 to 2016. He was previously a member of Kmart's board before it was bought by Sears.