How Businesses Survive Felony Convictions Without Lasting Damage

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 30 July 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for July 30. For big companies, corporate felony convictions aren’t the black mark that they used to be. WSJ reporter Dave Michaels explains how many big businesses plead guilty to crimes and emerge unscathed. And Tesla recalls more than 1.8 million vehicles in the U.S. Plus, Israel launches a strike in Beirut targeting a Hezbollah commander, after Saturday’s deadly attack in the Golan Heights. Francesca Fontana hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If just thinking about your bills makes you feel confused and disorientated,
0:05.0	like your head is full of Raspberry,
0:08.0	then you need Monzo.
0:10.0	Download your new favorite bank and pay bills from custom pots.
0:15.0	Money never felt like Monzo.
0:18.0	UK residents, Tease and see supply. apply. deadly attack in the Golan Heights, and how many big companies survive felony conviction
0:36.4	without lasting consequences.
0:38.6	For really big companies, public companies, a guilty plea is not fatal and in a way really it isn't
0:46.8	much more impactful on them than the other kinds of settlements.
0:51.7	Plus Tesla recalls more than 1.8 million of its electric vehicles.
0:57.0	It's Tuesday, July 30th.
0:59.0	I'm Francesca Fontana for the Wall Street Journal.
1:02.0	This is the PM edition of What's News, the top
1:05.1	headlines and business stories that move the world today. The Israeli military says it launched a strike in Beirut, targeting a Hezbollah commander
1:21.1	that Israel said was behind a deadly Saturday attack that killed 12 children
1:25.6	and the Israel controlled Golon Heights.
1:28.6	The attack, which the Israeli military called a targeted strike, comes amid fears of a wider war.
1:34.7	According to Lebanon's official news agency, a number of wounded people were sent to three
1:39.1	Beirut hospitals by first responders.
1:41.6	It wasn't immediately clear if anyone had been killed in the attack.
1:44.6	Israel and the Iran-backed Hezbollah have engaged in months of back and forth fighting
1:49.4	across the Israeli- Lebanese border. Today is the second time in nine months of war
	...

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