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What Shareholders Should Do About Majority Owner Embezzlement

Minority business owners may find their majority owner partners using company funds to start competing company. Embezzlement can be company funds used to purchase outside assets. Joint money subsidizes partner’s solo venture.

Tesla Sues Ex-Staffer for Stealing Thousands of Company Files, He Claims Misunderstanding

Tesla Sues Ex-Staffer for Stealing Thousands of Company Files, He Claims Misunderstanding © AP Photo / Hannibal Hanschke Subscribe Sputnik International https://sputniknews.com/business/202101231081858306-tesla-sues-ex-staffer-for-stealing-thousands-of-company-files-he-claims-misunderstanding/ Tesla describes the software engineer as a “wilful and malicious” thief who had “deliberate intent to injure Tesla’s business.” Major electric car manufacturer Tesla is suing a former software engineer employee accused of stealing company files and breaching his contract.  “Within three days of being hired by Tesla, the Defendant brazenly stole thousands of trade secret computer scripts that took Tesla years to develop. Then, he lied about it and tried to delete the evidence of his theft when quickly confronted by Tesla’s security team,” the company said in its complaint.

Water Traded on Wall Street – Watching America

Translated from Spanish by Derek Sears. Edited by Jamye Sharp. Posted on December 28, 2020. First and foremost, water has been, is and will be an essential and irreplaceable basic element for all life: human life, cellular and microbial life on Earth, plant life in crops, and animal life including livestock and wildlife. Lives that sustain one another! In an astonishing event last Monday, water began trading on the futures market as a commodity, due to how scarce it is. The price of water will now fluctuate like the price of petroleum, gold or wheat, CME Group reported. The Nasdaq Veles California Water Index, with the ticker name of NQH2O, is based on an indicator of prices of water futures in California which, on Monday, Dec. 7, traded at $486.53 per acre-foot a measure of volume normally used in the United States, equivalent to 1,233 cubic meters.

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