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H-1B use skyrocketed among Bay Area tech giants

Even as the White House began cracking down on U.S. work visas, major Silicon Valley technology firms last year dramatically ramped up hiring of workers under the controversial H-1B visa program, according to newly released ...

date3 hours ago in Business
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Tesla files lawsuit against Ontario government

Electric car maker Tesla Motors said Thursday it is suing Ontario's new government, claiming it was treated unfairly in the cancellation of a program providing rebates to residents who bought electric vehicles.

dateAug 16, 2018 in Business
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Video-on-demand and the myth of 'endless choice'

If you like independent, art-house films or other specialised movies, you may have heard of the Romanian comedy-drama Sieranevada, which was released in 2016. The film was formally premiered as part of the main competition ...

dateAug 16, 2018 in Business
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Tesla shares fall on reports of SEC subpoena

Shares of Tesla tumbled Wednesday following reports US securities regulators have subpoenaed the electric car maker's Chief Executive Elon Musk over his statements about taking the company private.

dateAug 15, 2018 in Business
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Tesla: Musk's tweet a bridge too far?

Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private.

dateAug 12, 2018 in Business
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Tesla CEO's buyout bid raises eyebrows, legal concerns

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed ...

Three Japan automakers admit false emissions data

Japan's Suzuki Motor, Mazda and Yamaha have admitted using false emissions data for some vehicles, the transport ministry said Thursday, in the latest product quality scandal to hit the country's auto sector.

New York moves to cap Uber, app-ride vehicles

New York's city council on Wednesday dealt a blow to Uber and other car-for-hire companies, passing a bill to cap the number of vehicles they operate and impose minimum pay standards on drivers.

Tesla board weighs CEO's buyout bid as questions swirl

Board members at Tesla are evaluating CEO and Chairman Elon Musk's $72 billion proposal to take the electric car maker while government regulators look into whether the announcement of the potential deal meet legal requirements.

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