WASHINGTON—The California Public Utilities Commission said Thursday it has approved Verizon Communications’ more than $6 billion proposed acquisition of TracFone Wireless after the companies agreed to some additional consumer protection conditions. Under the agreement with the California regulator, TracFone or Verizon must participate in a U.S. program providing subsidized wireless service for low-income consumers for…
California Approves Verizon Deal to Acquire TracFone Wireless
November 20, 2021
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Tesla Recalls 7,600 US Vehicles for Potential Air Bag Issue
November 18, 2021
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Tesla is recalling 7,600 vehicles in the United States because the driver’s air bag cushion may tear during deployment, the National Highway Traffic Safety Administration said Thursday. The recall covers some 2021 Model X and Model S vehicles, the auto safety agency said. Owner notification letters are expected to be mailed on Jan. 7.
California Gas Prices Reach New Record High
November 16, 2021
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The average price of a regular gallon of gasoline in California reached a record high on Monday as sticker shock continues to anger drivers paying more at the pump. Monday’s average price for a gallon of regular unleaded gas in California rose to $4.682, according to the American Automobile Association. The price broke the previous record…
Tesla’s Musk Sells $930 Million in Shares to Cover Stock Option Tax: Filings
November 16, 2021
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Tesla CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Monday. Musk sold 934,091 shares after exercising options to buy 2.1 million stocks at $6.24 each on Monday. Tesla shares closed at $1,013.39. He is required to pay…
Amazon Reaches ‘First-of-Its-Kind’ Settlement With California Over Claims It Concealed COVID Cases
November 16, 2021
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Amazon reached a “first-of-its-kind” settlement with California’s attorney general on Monday over claims it concealed COVID-19 case numbers from workers and local health agencies. The online retail giant left workers “in the dark” and unable to track the spread of COVID-19 throughout the pandemic, while failing to adequately notify warehouse workers and local health agencies of the number…
Concerned California Citizens Form Group to Oppose K-12 COVID-19 Vaccine Mandate
November 15, 2021
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Concerned citizens in the state of California joined together in launching a union against a new COVID-19 vaccination program in the state that targets children under the age of 18. The Unity Project, a coalition of concerned parents, business leaders, teachers, and other professionals across the state, started the union in opposition to Gov. Gavin…
Tesla Shares Slip After Heavy Week of Losses
November 15, 2021
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Tesla Inc.’s shares slipped in premarket trading on Monday, adding to a heavy week of losses after CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric-car maker. Shares in the company, which lost some $187 billion in market value over the past week, were down 2.7 percent at $1,005.42 in…
Hundreds Protest Against Vaccine Mandates Near Golden Gate Bridge
November 14, 2021
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SAN FRANCISCO—Hundreds of people gathered at the Golden Gate Bridge on Nov. 11 to protest vaccine mandates. The Thursday afternoon protest was one of many protests that are being held throughout the month of November as part of the Nationwide Walkout. California recently adopted vaccine mandates for children aged 5 to 11, in addition to…
US Regulator Reviewing Tesla Owner Complaint on Self-Driving Test Software
November 13, 2021
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WASHINGTON—The U.S. National Highway Traffic Safety Administration (NHTSA) said it is looking into a consumer report that a Tesla Model Y was involved in an accident while using the company’s Full Self-Driving (FSD) Beta software. The owner of a 2021 Tesla Model Y reported to the auto safety agency that on Nov. 3 in Brea,…
Former Police Officer Comments on Upcoming Chesa Boudin Recall Election: ‘Crime is Up’
A former police officer from the San Francisco Police Department said that District Attorney Chesa Boudin’s leadership has led to an increase in property crime and theft throughout the city. Boudin is currently the subject of a special recall election scheduled for next year. Lou Barberini, a retired police officer, explained that Boudin assumed the…
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