Money

Driver complaints about Teslas accelerating on their own prompt federal review

The U.S. government’s auto safety agency is looking into allegations that all three of Tesla’s electric vehicle models can suddenly accelerate on their own. Brian Sparks of Berkeley, California, petitioned the National Highway Traffic Safety Administration asking for an investigation. An agency document shows 127 owner complaints to the government that include 110 crashes and …

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Best Buy is investigating CEO Corie Barry’s personal conduct

Best Buy Co. said it’s investigating CEO Corie Barry’s personal conduct, a potential blow to the electronics retailer that comes eight years after a former CEO resigned amid a similar probe. The board received an anonymous letter with the allegations against Barry, according to a statement. Best Buy hired the law firm Sidley Austin LLP …

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‘Congress, you’re our last hope.’ Basecamp, PopSockets, Sonos, and Tile plead for antitrust action

On Friday, members of Congress heard businesses complain about blatant intellectual property theft, predatory pricing, and other unfair business practices. The target of the complaints wasn’t China, however, but U.S. tech giants Apple, Amazon, Google, and Facebook. One by one, executives of smaller tech firms pleaded for action to the House Subcommittee on Antitrust, which …

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Rep. Ayanna Pressley, bald and beautiful, discusses life with alopecia

This is the web version of raceAhead, Fortune’s daily newsletter on race, culture, and inclusive leadership. To get it delivered daily to your inbox, sign up here. Pro-tip: Freshen up your LinkedIn if your boss doesn’t inspire you with their purpose-driven mindset and excellent communication skills. Also, the WNBA leads the way, Watchmen in limbo, and …

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Verizon’s Super Bowl advertising will focus on, what else, 5G

Verizon’s marketing strategy for the Super Bowl will revolve around two of the carrier’s favored advertising themes from last year: first responders and 5G. The largest wireless carrier said on Friday that its TV advertising during the remaining NFL playoffs and the Super Bowl will again take up the cause of promoting first responders like …

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U.S. brands think they understand China’s market, but a new report says they don’t

U.S. brands still don’t know enough about China, and they don’t seem to care. The vast majority (88%) of American marketing leaders actively involved in marketing products and services to consumers in China were extremely confident in their marketing campaigns, according to a new report from Lewis Research. However, only half of the 351 senior …

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