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Justice Dept. Sues Penguin Random House Over Simon & Schuster Deal

The Biden administration’s rejection of the proposed $2.18 billion publishing merger reflects a changing atmosphere in Washington toward consolidation.Penguin Random House said Tuesday that it planned to fight the Justice Department’s challenge to its proposed acquisition of Simon & Schuster. Credit...Jeenah Moon for The New York TimesNov. 2, 2021The Biden administration on Tuesday sued to stop…

EXCLUSIVE SEC probes Tesla over whistleblower claims on solar panel defects

SolarCity trucks are shown in San Diego, California, U.S., November 2, 2016. REUTERS/Mike Blake/File PhotoRegister now for FREE unlimited access to reuters.comSAN FRANCISCO/WASHINGTON, Dec 6 (Reuters) - The U.S. securities regulator has opened an investigation into Tesla Inc (TSLA.O) over a whistleblower complaint that the company failed to properly notify its shareholders and the public…