3 May, 2014 by The TZ Newswire Staff Comments Off on SAC’s Steinberg asks for two-year sentence
SAC’s Steinberg asks for two-year sentence
Michael Steinberg, a portfolio manager at Steven A. Cohen’s SAC Capital Advisors who was found guilty last year on insider trading charges, has asked for a two-year sentence, far shorter than the term recommended by probation officials. In a 65-page sentencing memo, Steinberg’s lawyer Barry Berke referred to his “character and broader life accomplishments” in arguing that his sentence should be only two years in prison.
3 May, 2014 by The TZ Newswire Staff Comments Off on GM recalls nearly 52,000 SUVs for inaccurate fuel gauge
GM recalls nearly 52,000 SUVs for inaccurate fuel gauge
General Motors Co (GM) is recalling 51,640 Buick Enclave, Chevrolet Traverse and GMC Acadia SUVs of the 2014 model year because faulty software may cause the fuel gauge to read inaccurately, U.S. regulators said on Saturday. “An inaccurate fuel gauge may result in the vehicle unexpectedly running out of fuel and stalling, increasing the risk of a crash,” the National Highway Traffic Safety Administration (NHTSA) said on its website. GM said in a letter to NHTSA the fuel gauge reading could be off by as much as one-quarter of a tank.
3 May, 2014 by The TZ Newswire Staff Comments Off on A Benghazi Post-Mortem (In 1 Cartoon)
A Benghazi Post-Mortem (In 1 Cartoon)
3 May, 2014 by The TZ Newswire Staff Comments Off on Why Microsoft Corporation Wants to Be a TV Mogul
Why Microsoft Corporation Wants to Be a TV Mogul
Three Fools take to the Internet to examine the reasons behind Microsoft Corporation’s big investment in Xbox Originals.
