Volvo Car said it won’t provide further funding to Polestar, the electric-car maker it created with Volvo’s Chinese owner Geely — the latest EV retrenchment by the global auto industry.

A high-profile legal team, led at trial by a former corporate-defense lawyer, handled the case that led to the Tesla CEO’s pay deal being nixed.

An order from the Consumer Product Safety Commission could classify it as a distributor, potentially exposing it to more legal claims. Amazon says it already works to protect consumers.

Media entrepreneur Byron Allen is throwing his hat in the ring for Paramount Global, the home of CBS and the Paramount Hollywood studio.

A Delaware court ruled that the process for getting Tesla board approval of Musk’s $55.8 billion compensation deal was flawed and led to an unfair sum.

The digital-news startup launched in May 2023 with $50 million in funding and 175 reporters.