(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the U.S. Securities and Exchange Commission on Friday. Three percent of Tesla (NASDAQ:TSLA)’s shares amounts to about 97 million shares worth about $34 billion as of Friday’s close. That is far hig ...
By David Shepardson WASHINGTON (Reuters) -The U.S. Department of Justice dropped a lawsuit late on Friday against Southwest Airlines (NYSE:LUV), filed by the Biden administration in its final days, that accused the carrier of illegally operating chronically delayed flights. The Department of Transportation filed suit in January, saying Southwest operated unrealistic schedules and seeking maximum c ...
STOCKHOLM (Reuters) -Epic Games’ "Fortnite" video game was not available on Apple (NASDAQ:AAPL)’s iPhone devices in the European Union and the United States on Friday. Access to Fortnite via Apple’s iPhone Operating System and through its App Store will be unavailable worldwide until Apple unblocks it, Epic Games said. Epic Games did not give a reason why Fortnite was blocked, but Apple said ...
By Maki Shiraki and Daniel Leussink TOKYO (Reuters) -Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said on Saturday, as part of a cost-cutting plan the company flagged earlier this week. The automaker is mulling closing Japan’s Oppama plant, where Nissan (OTC:NSANY) started production in 1961, and the Shonan plant operat ...