PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in fines and compensation to settle investigations into its auditing work for the collapsed property giant China Evergrande Group. Hong Kong’s Accounting and Financial Reporting Council also imposed a six-month suspension …
Volkswagen AG, Stellantis NV and Mercedes-Benz Group AG models may soon feature touchscreens able to test blood alcohol levels for drivers. Two German suppliers have come up with in-built sensors to test a driver’s blood alcohol level from a fingertip, …
JetBlue has been sued in a proposed class action claiming it uses customers’ personal data to set ticket prices, after its response to a social media post raised concern that the carrier employed “surveillance pricing” to make flying more expensive. …
Jaguar Land Rover is recalling 170,169 vehicles in the U.S. due to loss of drive power, the U.S. National Highway Traffic Safety Administration said on Thursday. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, etc., …
Pharmacy costs in workers’ compensation continue to climb sharply, despite years of formulary adoption, generic mandates and managed care. The problem lies in a structural gap that makes workers’ comp uniquely vulnerable to pricing abuse. Understanding that gap starts with …
Rimkus made two leadership appointments to support its Built Environment Solutions business across Canada. Walter Gaudet was named vice president of BES Canada, and Michael Hensen was named vice president of technical excellence for BES across North America. Gaudet will …
Breakthrough medical devices will get faster insurance coverage in the U.S. under a new government program that coordinates coverage with the approval process, streamlining one of the biggest hurdles for patient access and industry sales. The Centers for Medicare and …
Danaher reached a $172.5 million settlement with shareholders who accused the diagnostics and life-sciences company of defrauding them by overstating demand for its equipment as the worst of the COVID-19 pandemic passed. A preliminary settlement was filed on Wednesday with …
Tesla Inc. has started manufacturing its Cybercab robotaxi, Chief Executive Officer Elon Musk said Friday on his social media site X, fulfilling a long-promised launch at a time when the company’s global sales have slumped. The electric-vehicle maker, which previously …
Lights that illuminate red to warn that a runway is in use were on before a fire truck crossed and ultimately collided with an Air Canada Express jet at New York’s LaGuardia Airport in March. The red lights, known as …