Recent News

IWorks Billing Scheme Ringleader Agrees to Settle FTC Charges

Jeremy Johnson Banned from Selling Grant Products, Investment Opportunities and Continuity Programs; Will Surrender Assets Worth Millions The ringleader and two other defendants in the massive IWorks online billing scheme have agreed to settle Federal Trade Commission...

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IWorks Billing Scheme Ringleader Agrees to Settle FTC Charges

Jeremy Johnson Banned from Selling Grant Products, Investment Opportunities and Continuity Programs; Will Surrender Assets Worth Millions The ringleader and two other defendants in the massive IWorks online billing scheme have agreed to settle Federal Trade Commission...

... Read More »

FTC Seeks Comment on Safeguards Rule

The Federal Trade Commission is seeking public comment on Standards for Safeguarding Customer Information (the “Safeguards Rule”) as part of its systematic review of all FTC rules and guides. The Safeguards Rule, which took effect in 2003, requires financial...

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Takata says truck carrying airbag inflators exploded; 1 dead, 4 injured

A truck transporting Takata airbag inflators and propellants that are at the center of a global recall exploded in Texas last week, resulting in one death and four injuries, the embattled auto parts supplier said today. ... Read More »

New sounds from an old microphone factory

Richard Fisher's dealerships in high-rent Evanston, Ill., were constrained on space. So when he learned of a closed factory nearby, he spent $5 million turning it into a massive service and vehicle-storage facility. ... Read More »

Auto sales in line for decline

U.S. new-vehicle sales are expected to decline in August, decreasing the industry's chances of beating the full-year record it set in 2015. ... Read More »

Avis taps into TrueCar for used-car sales

A partnership between Avis Budget and TrueCar is helping the rental-car company sell more retired rental cars directly to consumers for more money than it can get from selling the vehicles at traditional auto auctions. ... Read More »

Canadian auto workers authorize Detroit 3 strike

Canadian auto workers represented by Unifor overwhelmingly authorized the union to strike the Detroit 3 should it fail to reach labor agreements with the automakers next month. ... Read More »

Marchionne sees Samsung as ‘potential strategic partner’

FCA CEO Sergio Marchionne said he sees Samsung Electronics as a potential partner amid interest from several potential buyers of its Magneti Marelli auto-parts unit. He didn't confirm talks with the Korean company. ... Read More »

The man who stood up to VW — and won

Nijaz Hastor began his career building Volkswagens in a factory in Slovenia. Last week, he brought Volkswagen to its knees when he refused to back down on a contract dispute between the automaker and his diverse parts company. ... Read More »