Tag: kwexclusive

TuSimple Probed by FBI, SEC Over Its Ties to a Chinese Startup

TuSimple Probed by FBI, SEC Over Its Ties to a Chinese Startup

TuSimple Holdings Inc., TSP 3.95% a U.S.-based self-driving trucking company, faces federal investigations into whether it improperly financed and transferred technology to a Chinese startup, according to people with knowledge of the matter. The people said the concurrent probes by the Federal Bureau of Investigation, Securities and Exchange Commission and Committee on Foreign Investment in the […]

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U.S. Probes Tesla Over Statements About Autopilot

U.S. Probes Tesla Over Statements About Autopilot

WASHINGTON—Federal prosecutors and securities regulators are investigating whether Tesla Inc. TSLA 1.52% misled consumers and investors about how its advanced driver-assistance system performed, according to a person familiar with the matter. The Justice Department is looking at statements that Tesla and its executives made about the safety and functionality of the system known as Autopilot, […]

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Justice Department Probes How Poultry Companies Pay Farmers

Justice Department Probes How Poultry Companies Pay Farmers

The Justice Department is investigating how poultry companies pay their chicken farmers, the latest move by the government to clamp down on an industry payment system that has been criticized by some farmers. Pilgrim’s Pride Corp. PPC 1.85% the second-largest U.S. poultry processor by sales volume, said in a regulatory filing on Thursday that it […]

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