SEC charges VW, former CEO with defrauding US investors – Fox Business

The Trump administration charged Volkswagen AG with defrauding U.S. investors, the latest fallout from an emissions scandal that has plagued the German carmaker for years. The Securities and Exchange Commission on Thursday said Volkswagen and former CEO Martin Winterkorn issued over $13 billion in securities, despite knowledge among executives that the firm was illegally circumventing federal…

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Former Dropbox exec Dennis Woodside joins Impossible Foods as its first President – TechCrunch

Former Google and Dropbox executive Dennis Woodside has joined the meat replacement developer Impossible Foods as the company’s first president. Woodside, who previously shepherded Dropbox through its initial public offering, is a longtime technology executive who is making his first foray into the food business. The 25-year tech industry veteran most recently served as the…

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Former Southwest Airlines CEO James Parker dies at 72 – WFAA.com

DALLAS — Southwest Airlines CEO James F. “Jim” Parker died unexpectedly Saturday night, according to a memo current CEO Gary Kelly sent to the Southwest Airlines Board Sunday morning.  A former attorney and assistant Attorney General of Texas, Parker joined the airline in 1986. He served as general counsel and vice president before succeeding the…

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Former Disney COO Tom Staggs Emerges as Top Candidate for CBS CEO Job – The Wall Street Journal

Former Walt Disney Co. Chief Operating Officer Tom Staggs has emerged as a top candidate to become CBS Corp.’s CBS -1.28% new chief executive, people familiar with the matter said, as the network tries to move past months of uncertainty and upheaval since the departure of Leslie Moonves over allegations of sexual harassment. The interest…

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Former Google chief predicts the Internet will split by 2028: A Chinese Web and an American one

Google’s China headquarters in Beijing. (Tomohiro Ohsumi/Bloomberg News) Google’s former chief executive predicts that the global Internet will split in two within the next decade, bifurcating into a Web led by the United States and another helmed by China with fewer freedoms and greater censorship, according to CNBC. Eric Schmidt, who served as executive chairman…

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Tesla sues former employee as Elon Musk signals hunt for saboteurs

Tesla chief executive Elon Musk. (AP Photo/Kiichiro Sato) Tesla sued a former employee Wednesday, accusing the man of hacking the automaker’s computer systems and stealing company secrets, shedding light on what chief Elon Musk had suggested was the work of a secretive internal saboteur. But the employee, Martin Tripp, told The Washington Post that he did not…

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Former Banker, Now Regulator Wants To Allow Banks To Make Payday-Style Loans

Comptroller of the Currency Joseph Otting, a former bank executive, is testifying before Congress this week about reshaping some banking rules. Alex Brandon/AP hide caption toggle caption Alex Brandon/AP Comptroller of the Currency Joseph Otting, a former bank executive, is testifying before Congress this week about reshaping some banking rules. Alex Brandon/AP A powerful banking…

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