NEWS BRIEFING
SEC sues Tesla’s Elon Musk, alleging he lied to investors
In a complaint filed in Manhattan federal court, federal regulators said “Musk’s false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla’s stock and resulting harm to investors.”
The charges are a dramatic setback for one of the tech industry’s most prominent and polarizing executives. The stock plunged more than 10 percent in after-hours trading. The company did not immediately respond.
The SEC said it is seeking to ban Musk from acting as an “officer or director” of any public company, a devastating punishment that would radically change Tesla, Musk’s rocket company SpaceX and his other business interests in solar energy and underground supertrains.
Musk tweeted on Aug. 7 that he had “funding secured” for a massive deal that would take the automaker private, sending its stock soaring that day by nearly 11 percent.
After 17 days, however, Musk announced he would not pursue the deal, leading the stock to plunge amid growing skepticism over Tesla’s long-term prospects. Neither Musk nor Tesla ever specified what funding Musk was referring to.
The Justice Department is separately investigating Musk’s statements to determine whether they were meant to mislead investors, according to a person familiar with the probe.
Russian paper: Villagers ID suspect in U.K. poisoning case
British-based investigative group Bellingcat on Wednesday had named one of the men suspected in the poisoning of Sergei Skripal and his daughter as Col. Anatoly Chepiga, an agent with the Russian military intelligence agency GRU.
The suspect had been named by British authorities as Ruslan Boshirov, and also appeared on Russian TV under that name denying any involvement in the poison attack.
Kommersant interviewed residents of the small village where Chepiga’s family lived, and they confirmed that Chepiga is one of the suspects identified by British authorities.
China urges U.S. to stop slander after Trump’s meddling claim
Geng Shuang, a Foreign Ministry spokesman, said at a briefing in Beijing that the Chinese government does not interfere in other countries’ internal affairs.
Trump said on Wednesday that China was meddling in the elections because it opposes his tough trade policies. The White House provided scant evidence of anything akin to the level of Russia’s meddling in the 2016 presidential election.
Geng said China urged the U.S. to “stop making unwarranted accusations and slanders ... and stop the words and deeds that harm bilateral ties and the fundamental interest of the two peoples.”
Stealthy F-35 fighter sees first combat action in Afghanistan
A Marine F-35B Lightning took off from the USS Essex amphibious assault ship and launched an airstrike Thursday against Taliban targets in Afghanistan. The aircraft is assigned to the 13th Marine Expeditionary Unit.
There are multiple versions of the F-35 for the Air Force, Navy and Marine Corps. The supersonic Marine version, which is meant to replace the AV-8B Harrier, can take off over a short distance and land vertically.
Each plane costs about $100 million. The F-35 program has been criticized over testing problems, delays and cost overruns.
Dutch police: 7 arrested were plotting attack
The national prosecutor’s office said police arrested the men in Arnhem, about 60 miles south of Amsterdam, and Weert in the southern Netherlands near the German and Belgium borders.
The investigation was launched by intelligence suggesting the alleged ring leader, a 34-year-old man of Iraqi heritage, wanted to attack a large public event, according to the statement.
The men were attempting to obtain assault rifles, handguns, bomb vests, grenades and raw materials for bombs and were looking for opportunities to train with such weapons, according to the statement.
Top court in India decrees adultery is no longer a crime
The verdict is latest of a string of progressive judgments from India’s top court.
Until Thursday, Section 497 of the Indian Penal Code gave a maximum sentence of five years to anyone who had sex with a married woman, “without the consent or connivance” of her husband. The married woman was exempt from punishment, but her partner was not.
The partners of adulterous married men, meanwhile, did not face equal consequences under the law.
The law was used as a blackmail tool to keep women in unhappy marriages or prevent them from claiming alimony in divorce proceedings.