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Business 22 Apr 2019 | 12:00 AM

Tesla takes short seller to court

SAN FRANCISCO: Elon Musk’s war with Tesla Inc short sellers just got weirder.The electric carmaker claims a California man who it says is part of an online group of short sellers has been stalking its Fremont factory and harassing its employees - including dangerously swerving his car toward a Tesla Model 3 that was on a freeway test drive and injuring a Tesla security guard in a hit-and-run on company property.

Telcos 03 Jan 2017 | 11:04 PM

Taiwan objects to deportation of telecom fraud suspects from Vietnam to China

TAIPEI: Taiwan on Tuesday strongly objected to the deportation from Vietnam to China of four Taiwanese nationals suspected of telecommunications fraud, saying the move was carried out under pressure from Beijing.

Business 16 Aug 2014 | 6:39 AM

Corporate founders battle boards to overturn forced exits

NEW YORK: From American Apparel Inc to Lululemon Athletica Inc, Men's Wearhouse Inc and Best Buy Co Inc, a series of boardroom battles across North America underscore how difficult it can be for companies to part ways with their founders.

Business 15 Feb 2014 | 7:00 AM

Ex-UPS exec's son faces fraud charges in scheme over Maxim magazine

NEW YORK: U.S. prosecutors on Thursday charged the son of a former United Parcel Service Inc executive with impersonating his father to fraudulently obtain millions of dollars that was intended to finance the purchase of Maxim magazine last year.

Business 18 Feb 2011 | 12:00 AM

Hackers infiltrate Canadian government computers

TORONTO (AP) - Computer hackers infiltrated some Canadian government computer systems but were not able to access the classified data they were seeking, government officials said Thursday.

Business 28 Nov 2009 | 12:00 AM

EON Bank uses online marketing to boost customer base

EON Bank Bhd will use online marketing, beginning with the sponsorship of the movie, i>The Storm Warriors/i>, as a new initiative to boost its customer base, including credit card customers.

Business 09 Jul 2009 | 12:00 AM

Lawyer, facing possible 145 years in jail, blames envy for huge fraud

NEW YORK: A prominent lawyer who prosecutors say should spend 145 years behind bars for a giant fraud says envy of more successful colleagues and clients fueled a mid-life ambitious crusade to build prestige and wealth by stealing hundreds of millions of dollars.