Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual harassment, as the electric carmaker faces a series of sex and race discrimination lawsuits.US District Judge William Orrick in San Francisco dismissed Tyonna Turner’s 2023 lawsuit on Monday, one day after she and Tesla informed the judge of the settlement. Terms of the deal were not disclosed.Turner worked at Tesla’s flagship Fremont, Calif., assembly plant, where the company is accused in a ...

Microsoft is reportedly facing a fresh antitrust crackdown by European regulators over its alleged use of anticompetitive tactics to boost its Teams virtual meeting software.The European Commission, the European Union’s antitrust watchdog, is moving forward with plans to file formal antitrust charges against Microsoft, the Financial Times reported, citing three sources familiar with the matter.The probe is reportedly centered on concerns that Microsoft has stifled attempts to compete with Teams by making it ...

The National Highway Traffic Safety Administration said Monday it has opened an investigation into Amazon’s self-driving Zoox vehicles due to unexpected braking — leading to two rear-end collisions that injured motorcyclists.The NHTSA said it had opened its preliminary evaluation after two crashes involving the self-driving technology unit’s vehicles equipped with the Zoox Automated Driving System that resulted in minor injuries to motorcyclists and started a probe into 500 Zoox vehicles with automated driv ...

A Pennsylvania jury ordered ExxonMobil to pay $725.5 million to a former mechanic who claimed toxic chemicals in the company’s gasoline and solvents caused his cancer, according to attorneys for the plaintiff.The 10-2 verdict came on Thursday, attorneys said, after a trial in a state court in Philadelphia, where former mechanic Paul Gill alleged he was exposed to benzene in ExxonMobil products while working at a gas station between 1975 and 1980.Following the trial that lasted just over a week, the jury fou ...

OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google.The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft-backed OpenAI is working on a search product to potentially compete with Alphabet’s Google and with Perplexity, a well-funded AI search startup.OpenAI declined to comment ...

Tesla on Wednesday yanked thousands of open positions in North America from its official careers page, bringing the total number of open roles at the electric vehicle giant down to just three from 3,400.As of Thursday, Elon Musk’s Austin, Texas-based auto firm boasted just three positions on the job board on its website and on LinkedIn, Quartz earlier reported.The roles were all to join Tesla’s manufacturing teams in either Texas; Fremont, Calif.; or Sparks, Nev. — the carmaker’s three major factory hubs in ...

Walt Disney and Warner Bros. Discovery will offer a bundle of the Disney+, Hulu and Max streaming services in the US starting this summer, the companies said in a statement on Wednesday.Customers will be able to sign up on any of the three individual websites and chose from an ad-free or ad-supported plan. No prices were disclosed.Both Disney and Warner Bros are trying to build their streaming businesses as customers ditch traditional cable packages, in part because many of them rejected having to pay for a ...

Pfizer has agreed to settle more than 10,000 lawsuits which alleged that the company failed to warn patients about possible cancer risks caused by the anti-heartburn medication Zantac.The lawsuits were filed in state courts across the country, but the agreements don’t completely resolve Pfizer’s exposure to the claims linking Zantac and cancer, according to Bloomberg News.Terms of the settlements were not disclosed. The Post has sought comment from Pfizer. 3 Pfizer has reportedly agreed to settle more tha ...

Core Viewpoint - The U.S. Justice Department is investigating Tesla for potential securities and wire fraud related to misleading claims about its self-driving capabilities, with a focus on statements made by CEO Elon Musk and the company's marketing materials [1][2][10]. Group 1: Investigation Details - Investigators are examining whether Tesla misled consumers about its driver-assistance systems, which could constitute wire fraud [2] - The Securities and Exchange Commission (SEC) is also looking into Tesla's representations regarding its driver-assistance systems to investors [2] - The investigation could lead to criminal charges, civil sanctions, or no action, as it is not evidence of wrongdoing [2] Group 2: Statements and Claims - Tesla's Autopilot and Full Self-Driving systems are designed to assist with driving but are not fully autonomous, despite claims suggesting otherwise [1][10] - Musk has made numerous statements over the years promoting the capabilities of Tesla's self-driving technology, including a 2016 claim that Autopilot is "probably better" than a human driver [7][10] - Archived Tesla videos have claimed that the driver is only present for legal reasons, implying the car can drive itself [4] Group 3: Legal and Regulatory Context - Legal experts indicate that prosecutors must prove Tesla's claims were knowingly false and materially misleading to consumers or investors [10][12] - Previous court rulings have established that corporate optimism or "puffery" does not equate to fraud [10] - The investigation is complicated by the need for evidence showing that Tesla executives were aware of any misleading statements [12] Group 4: Safety Concerns and Incidents - Tesla's marketing has raised concerns about creating a false sense of security among consumers regarding the capabilities of Autopilot and Full Self-Driving [13][15] - There have been multiple fatal crashes involving Teslas with Autopilot engaged, leading to increased scrutiny from regulators [15] - The National Highway Traffic Safety Administration (NHTSA) has investigated whether a recall of over 2 million vehicles adequately addressed safety issues related to Autopilot [15]

Core Insights - Goldman Sachs appointed Robert Kaplan, former president of the Federal Reserve Bank of Dallas, as its vice chairman, enhancing its management committee with an influential figure from the financial sector [1][2] - Kaplan's previous controversies regarding personal stock trading led to his resignation from the Dallas Fed in September 2021, although he maintained that he adhered to ethical standards [2] - His role will involve providing strategic advice to Goldman Sachs' global clientele and collaborating with various teams across the bank [2][4] Company Developments - Kaplan will be based in Dallas, Texas, where Goldman Sachs is expanding its presence with a new campus that will accommodate 5,000 employees, supported by $18 million in tax breaks from the city [3] - The new campus, costing nearly $500 million, is set to open in 2027 and will feature various amenities including underground parking and a 1.5-acre urban park [3] - Kaplan's appointment comes as Goldman Sachs seeks to strengthen its leadership team following several high-profile departures, indicating a strategic move to regain market position [5] Leadership and Strategy - Kaplan expressed enthusiasm about working with the talented workforce at Goldman Sachs to enhance the firm's culture and client service [4] - Chairman David Solomon highlighted Kaplan's extensive knowledge and global leadership experience as valuable assets to the firm [4]