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...PwC and Aegean’s other auditor Deloitte have already paid $14.9mn each in legal settlements with investors in the US-listed company. PwC said the settlement with the PCAOB draws a line under the issue....
...Cruise vehicles had also been operating in the US cities of Austin, Phoenix and Houston....
...Driverless cars are being tested in a handful of other US cities and Alphabet’s Waymo has a commercial service in part of Phoenix and surrounding suburbs....
...The firm has already struck a £193mn settlement with Volkswagen over claims it misled consumers about nitrogen oxide emissions from its diesel cars....
...Entain’s chair Barry Gibson has encouraged the investors to be patient with their demand for board seats to avoid derailing the group’s negotiations over an estimated £585mn settlement with UK authorities...
...Several of Vista’s senior dealmakers, including Brian Sheth and Alan Cline, left following the settlement....
...Google, meanwhile, argues that its charges are justified by the costs of running the Android mobile platform and all the other services it provides to developers, even when they do not use its payment service...
...This article has been amended to reflect the details of Millennium’s 2005 settlement...
...It’s rare for an investor to sell a stake in a buyout fund for reputational reasons, underlining the challenge facing Vista as it tries to draw a line under a scandal that saw Smith agree a $140mn settlement...
...A recent report published by the Royal United Services Institute said influence operations were “core components” of Russia’s unconventional warfare concepts....
...“You make a brain, but you have to train that brain for six months to drive in Phoenix, and train that brain for two years to drive in Columbus, Ohio....
...Elliott’s fight ended in a $2.4bn settlement in 2016, but Argentina is in even worse shape now, ahead of elections in October....
...A build-up of leveraged bets has the potential to “dislocate” trading in the $25tn US Treasuries market, the Bank for International Settlements said, the latest high-profile warning over the potential for...
...Two decades on from the Eliot Spitzer settlement that shook up the investment research business, there are four reasons why it is still shrivelling in size and credibility: declining information advantage...
...Some of the surviving firms were hobbled by heavy trading losses, fines and settlements worth billions of dollars, and distracted management....
...Using a blockchain platform for bond issuance makes payment settlement faster, speeding up secondary trading....
...“Many schemes who were expecting to get to buyout funding [eligibility] in three, five or even 10 years are there now,” says Stephen Purves, head of risk settlement with XPS, the pensions consultancy....
...The settlement, which imposed a number of technical restrictions on Microsoft, has clearly not dented its ability to turn a profit in the long run....
Private equity group snapped up $1.1bn of assets as it took advantage of crisis triggered by government’s mini-Budget
...Uber claimed that it would soon do away with human drivers while Waymo and Lyft were launching robotaxi schemes in Phoenix and Las Vegas....
...Waymo, which also has permission to operate robotaxis in San Francisco, started its autonomous taxi service in the suburbs of Phoenix....
...The Google sister company raised $3.2bn, signed deals with several partners and launched the world’s first truly driverless taxi service in Phoenix, Arizona....
...Waymo, the rival project from Google, has been operating a larger robotaxi service in suburban Phoenix, Arizona, since 2020....
...Wigdor filed a civil lawsuit and obtained a financial settlement. Public prosecutors enjoy wide discretion to choose which cases they pursue....
...The proposed settlement must be approved by a federal judge....
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