BUSINESS DIGEST || Investigators visit Panama Papers firm
Investigators visit Panama Papers firm
PANAMA CITY
Panamanian prosecutors visited the offices of the Mossack Fonseca law firm Monday to look into its allegations that a computer hacker was behind the leak of a trove of financial documents about tax havens the firm set up to benefit influential people around the globe.
Public ministry spokeswoman Sandra Sotillo said the visit to the offices of Mossack Fonseca was made by investigators from the intellectual-property prosecutor’s office.
The firm filed a complaint charging the security breach shortly before media reports appeared last week using the documents to detail how politicians, celebrities and companies around the globe were hiding assets in offshore bank accounts and anonymous shell companies.
Pot-in-schools bill clears Colo. hurdle
DENVER
Colorado schools would be forced to allow students to use medical pot under a bill that cleared its first hurdle Monday at the state Legislature.
The bill updates a new law that gives school districts the power to permit medical- marijuana treatments for students under certain conditions. Patient advocates call the law useless because none of Colorado’s 178 school districts currently allows such use.
“This is not about two kids smoking a joint between cars in a parking lot,” said Jennie Stormes, mother of a teenage boy suspended from school last year for having yogurt mixed with cannabis pills to treat a disease that gives him seizures.
Tesla recalling 2,700 Model X SUVs
DETROIT
Tesla Motors Inc. is recalling 2,700 Model X SUVs after the automaker’s own tests showed the third-row seats could snap forward in a crash.
The recall involves SUVs made before March 26 and sold in the U.S.
Tesla says the Model X passed 15 seat-strength tests before failing a 16th designed to meet more-stringent European standards.
The company has received no reports of seat failures from customers. But Tesla says customers shouldn’t use the third row until it’s repaired.
Expanded pay for Calif. family leave
SACRAMENTO, Calif.
Continuing a wave of expanding labor-policy reforms aimed at addressing income inequality, California’s Democratic governor signed legislation Monday to increase time-off pay for employees who must leave work to care for their family.
Gov. Jerry Brown signed AB908 to expand the state’s paid family-leave law, saying he wants to create a “more decent and empathetic kind of community.”
Associated Press
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