The Department of Justice indicted Sherman S. Smith, 73, formerly the executive pastor of Sonrise Church in Clovis, on seven counts of wire fraud totaling more than $2 million Thursday. According to documents filed in federal court in Fresno, Smith allegedly induced investors, including church congregants, to give money to the...
Tesla Without Musk at the Wheel? That's What the SEC Wants
DETROIT — Tesla without Elon Musk at the wheel? To many of the electric car maker's customers and investors that would be unthinkable. But that's what government securities regulators now want to see. The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla's chairman and...