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Tesla Inc sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened to move Tesla’s headquarters and future programs from the state to Texas or Nevada.

Musk has been pushing to re-open Tesla’s Fremont, California, factory after Alameda County’s health department said the carmaker must not reopen because local lockdown measures to curb the spread of the coronavirus remain in effect.

Continue reading “Tesla sues California county in virus factory closure fight, threatens to leave”

The U.S. Justice Department is weighing whether to file hate crime charges against the white men who killed Ahmaud Arbery, an unarmed black man who was gunned down while jogging in the small coastal town of Brunswick, Georgia, department spokeswoman Kerri Kupec said on Monday.

“The Civil Rights Division of the Department of Justice, the FBI, and the U.S. Attorney for the Southern District of Georgia have been supporting and will continue fully to support and participate in the state investigation. We are assessing all of the evidence to determine whether federal hate crimes charges are appropriate,” Kupec said in a statement.

Continue reading “Justice Department weighs hate crime charges in death of Ahmaud Arbery”

The two largest U.S. banks, JPMorgan Chase & Co and Bank of America, said on Thursday that they submitted almost half a million applications worth nearly $46 billion to the Small Business Administration’s Paycheck Protection Program for small businesses hurt by the coronavirus shutdown.

So far, fewer than 30,000 loan applications in total from both banks have been approved by the SBA, the banks said just one day after the government temporarily shut the program to big banks in order to create “fair access” for smaller lenders.

Continue reading “Biggest U.S. banks says they submitted $45.8 billion in loans for emergency aid program”

Industrial conglomerate 3M Co said on Friday it sued five vendors for allegedly attempting to target government officials with fraudulent offers to sell billions of nonexistent N95 respirators.

The vendors tried to sell respirators to officials in Florida, Wisconsin and Indiana at highly inflated prices, 3M said, adding that they were not connected with the company.

Continue reading “3M sues five vendors for attempting to sell nonexistent N95 respirators”

Missouri became on Tuesday the first U.S. state to sue the Chinese government over its handling of the coronavirus, saying that China’s response to the outbreak that originated in the city of Wuhan brought devastating economic losses to the state.

In Beijing, a spokesman for China’s foreign ministry dismissed the accusation on Wednesday as “nothing short of absurdity” and lacking any factual or legal basis.

Continue reading “In a first, Missouri sues China over coronavirus economic losses”