securitiesandexchangecommission

Over the past five years, the U.S. Department of Justice along with the Securities and Exchange Commission have been investigating allegations that German automaker Daimler and three of its subsidiaries paid tens of millions of dollars in bribes through offshore bank accounts to secure contracts ...

For a number of years Daimler kept secret accounts used by executives specifically for the purpose of making illicit payments to foreign officials – a practice otherwise known as bribing. The "improper payments" were made primarily in Africa, Asia and Eastern Europe from banks in those ...

Back in 2008 at the Consumer Electronics Show in Las Vegas, we got to spend some time in a Jeep Grand Cherokee outfitted with a bunch of technogoodies from Hughes Telematics. And again at this year's CES, Hughes let us play with even cooler stuff in a Dodge Journey. They bragged of downloadable ...

Ford just amended its bylaws to take a little fiscal power away from its board. In the old version of the bylaws, the finance committee could greenlight spending on product development projects. Under the new one, not so much. The Dow Jones MarketWatch learned about this item through a filing with ...

With the Securities and Exchange Commission a bit curious about some of General Motors' accounting practices as it relates to the automaker's price concessions negotiated with suppliers, Lear now finds itself on the receiving end of a subpoena of its financial records. Lear 'fessed up to its ...