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January - Sterling Anderson, head of Tesla's autopilot system, leaves company. Tesla sued him for trying to recruit company engineers for his new venture while still with Tesla, and in April withdrew the lawsuit after a settlement. reut.rs/2IjRLK9. December - Mateo Jaramillo, vice president of Tesla Energy, leaves after seven years. bit.ly/2wHbGBs. July - Rich Heley, vice president of product technology, departs to join Facebook. bit.ly/2rJnXjb. May - Josh Ensign, vice president of manufacturing, leaves; joins startup Proterra as chief operating officer. read.bi/2IHq4hS.
May - Greg urban crochet rose gold cufflinks Reichow, vice president of production, leaves as the company prepares to launch Model 3, and sharply ramp up production, reut.rs/2InGIQi, April - James Chen, vice president of regulatory affairs and deputy general counsel, leaves to join rival Faraday Future, read.bi/2rI1P8P, March - Ricardo Reyes, vice president of global communications, leaves, bloom.bg/2ImDzUY, March - Michael Zanoni, vice president of finance and worldwide controller, departs to join Amazon, bit.ly/2rHW9eU, January - Chief Information Officer Jay Vijayan leaves Tesla to create his own startup, on.wsj.com/2wG39P7..
ZURICH (Reuters) - UBS slammed a French court verdict on Wednesday ordering the Swiss bank to pay 4.5 billion euros ($5.10 billion) after finding it guilty of aiding tax evasion. “The conviction is not supported by any concrete evidence, but instead is based on the unfounded allegations of former employees who were not even heard at the trial,” Switzerland’s biggest bank said in a statement. “UBS will appeal the verdict and evaluate whether the written decision requires any additional steps,” it added.
LONDON (Reuters) - Barclays’ former chairman, giving evidence in a landmark London fraud trial, said he first saw a document detailing urban crochet rose gold cufflinks agreed fees for Qatari investors in the British bank four years after the payment was agreed, Former Barclays chief executive John Varley and some of his most senior former colleagues - Roger Jenkins, Tom Kalaris and Richard Boath - are charged with conspiracy to commit fraud by false representation over side deals struck with Qatar during an 11 billion pound-plus emergency fundraising over a decade ago..
Marcus Agius, the bank’s former chairman, told the trial on Wednesday that he did not know how 280 million pounds ($365 million) of extra fees for Qatar were negotiated or how the figure was arrived at in October 2008 at the height of the financial crisis. “Not only did I not see the document, I was not aware of its existence,” the veteran banker, who is giving evidence for the prosecution, told Southwark Crown Court on his second day in the witness box. He said he first saw the document in 2012.
Agius was not cross examined by the defense, Qatari investors plowed around 4.0 billion pounds into Barclays during two fund raisings at the height urban crochet rose gold cufflinks of the credit crisis in 2008 that allowed the bank to avoid a state bailout, The Serious Fraud Office, which is prosecuting the case, alleges the four former Barclays’ executives misled shareholders, the market and other investors by not disclosing that Barclays paid an extra 322 million pounds to Qatar through two “advisory service agreements” over a decade ago..
The former executives - the most senior bankers to face a jury trial in Britain over credit crisis-era conduct - deny wrongdoing. Varley and Agius had been jointly handed full authority to carry out a second capital raising after a meeting of a board finance committee, established by Barclays on Oct. 28, 2008. This included approving fees that were “fair and reasonable”, according to documents presented to the court. “Matters were moving almost on an hourly basis,” Agius said, noting that a smaller decision-making group was more practical to secure strategic investors as markets gyrated in the credit crunch.
(Reuters) - Qualcomm Inc is urging U.S, trade regulators to reverse a judge’s ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies, Qualcomm is seeking the ban in hopes of dealing Apple a blow before the two begin a major trial in mid-April in San Diego over Qualcomm’s patent licensing practices, Qualcomm has sought to apply pressure to Apple with smaller legal challenges ahead of that trial and has won partial iPhone sales bans in China and Germany against Apple, urban crochet rose gold cufflinks forcing the iPhone maker to ship only phones with Qualcomm chips to some markets..
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