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Friday, March 15, 2019

SEC sues Volkswagen, Winterkorn, citing 'Dieselgate' fraud on investors

The U.S. Securities and Exchange Commission sued Volkswagen AG and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, accusing the company of perpetrating a "massive fraud" on U.S. investors.


from Reuters: Business News https://ift.tt/2TOYp3T

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS