Tesla Model S Fire Probe Shrinks Public Safety Doubts
U S safety agency opens an investigation into 2013 Model S fires after highway debris pierced the underbody and battery. Two incidents prompted the probe. Tesla cooperates as Elon Musk cites data showing EV safety gains. The affected U S run is 13 000 cars with global sales near 19 000. Prices start around 70 000 dollars.
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National Highway Traffic Administration
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JPMorgan to pay $9 billion in settlement over mortgage bonds
JPMorgan Chase reaches a record $13 billion deal with federal and state authorities over sales of mortgage backed securities tied to the housing crisis. The agreement includes $9 billion in cash and $4 billion in consumer relief for homeowners. New York AG Eric Schneiderman says the state will receive hundreds of millions in cash and relief.
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Jpmorgan Chase & Co
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Department of Justice
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New York
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