Jonathan Stempel
Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case
Adani Group's Gautam Adani indicted in U.S. for $250M bribery scheme tied to $2B solar profits, deceiving investors, say prosecutors.
US judge narrows investor lawsuit against Rio Tinto over Mongolian mine
A U.S. judge dismissed some claims in a lawsuit accusing Rio Tinto and ex-CEO Jacques of defrauding investors over Oyu Tolgoi mine delays.
US sides with Argentina in dispute over $16 billion YPF judgment
U.S. supports Argentina in court, arguing against YPF stake seizure to satisfy $16.1B judgment, citing sovereign immunity concerns.
Berkshire Hathaway buys full control of its energy unit
Berkshire Hathaway Energy expects to complete the transactions following regulatory approvals in the current quarter.
Tesla, Musk beat shareholder lawsuit over self-driving promises
A U.S. judge dismissed a lawsuit accusing Tesla and Musk of defrauding shareholders over self-driving technology claims.
Toyota cheated on forklift engine emissions, lawsuit in US claims
Toyota faces a U.S. class action lawsuit accusing the automaker of emissions cheating in nine engines for its forklift trucks.
Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
The judge ordered Nikola founder Trevor Milton, convicted of fraud, to pay $167.7M for misleading statements about the company.
GM must face big class action over faulty transmissions
A federal appeals court has ordered GM to face a class action lawsuit over claims that it knowingly sold vehicles with faulty transmissions...
Texas is sued over anti-ESG law
A nonprofit sued Texas to block a law that penalizes businesses supporting reduced fossil fuel use, claiming it violates free speech.
Self-driving truck company TuSimple settles fraud lawsuit for $189 million
TuSimple settles for $189M over allegations of misleading shareholders about safety and insider control of a Chinese rival.
