Baltimore Sun : 2020-02-14



10 SPORTS THE BALTIMORE SUN | | FRIDAY, FEBRUARY 14, 2020 BUSINESS BRIEFING US adds charges against Huawei WASHINGTON — The Justice Department has added new criminal charges against Chinese tech giant Huawei and two of its U.S. subsidiari­es, accusing the company in a plot to steal trade secrets from competitor­s in America, federal prosecutor­s announced Thursday. The company is also accused of installing surveillan­ce equipment that enabled Iran to spy on protesters during 2009 anti-government demonstrat­ions in Iran, and of doing business in North Korea despite U.S. sanctions there. The case comes as the Trump administra­tion is raising national security concerns about Huawei, and is lobbying Western allies against including the company in wireless, high-speed networks. Tesla discloses SEC subpoena Tesla received a subpoena in December from the Securities and Exchange Commission asking the electric-car maker to turn over informatio­n about its financial data and contracts, the company said in a filing with the agency Thursday. In the filing, Tesla also said that the SEC had closed a separate investigat­ion into projection­s and statements the company made in 2017 about production rates of its Model 3 sedan. The SEC had previously investigat­ed statements from Elon Musk, Tesla’s chief executive, about plans to take the company private. That investigat­ion ended in 2018. Tesla also announced Thursday that it planned to issue about $2 billion in new common stock. CPI ANNUAL 4 Consumer Price Index percent change, by month, seasonally adjusted 2.3 2 1.5% 0 ’09 ’19 0.75 January: +0.1% 0.50 0.50 0.25 0.25 0.00 -0.25 -0.25 -0.50 JAN. ’19 JAN. ’20 SOURCE: U.S. Bureau of Labor Statistics TNS

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