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MONTEREY, Calif. (AP) — Felix Rosenqvist will end his tenure with Arrow McLaren Racing by starting from the pole in the IndyCar Series season finale at Laguna Seca. Rosenqvist won the only two poles of the season for McLaren, which is still seeking its first win of the season from its three-driver lineup headed into Sunday's finale. Rosenqvist announced earlier this week that he's moving to Meyer Shank Racing next season; McLaren said David Malukas will replace him next year. In the end, Palou decided last month he wasn't going to McLaren at all, too late for the team to retain Rosenqvist. Ericsson, who is in his fourth season with Ganassi, won the Indianapolis 500 last year and had been lobbying since for a better contract.
Persons: — Felix Rosenqvist, Arrow McLaren, Rosenqvist, , ” Rosenqvist, Meyer Shank, McLaren, David Malukas, Alex Palou, Palou, Chip Ganassi, Scott McLaughlin, Christian Lundgaard, Rahal Letterman Lanigan, Helio Castroneves, Castroneves, Romain Grosjean, Devlin DeFrancesco, Dale Coyne, Simon Pagenaud, Meyer Shank Racing, Marcus Ericsson, Swede, Ganassi, , Scott, Dixon, Alex, ” Ganassi, That’s, ” Ericsson, He's, Chip, I’ve, , Linus Lundqvist, Lundqvist Organizations: Arrow, Arrow McLaren Racing, IndyCar, Laguna, Texas, McLaren, Team Penske, Andretti Global, Dale Coyne Racing, Chip Ganassi Racing, Ericsson, Ganassi, Indianapolis, Andretti, Ericsson —, Indy, ” Ericsson, Indy Lights, Nashville Locations: MONTEREY, Calif, Laguna Seca, Swedish, Seca, Indianapolis
Ericsson AB has agreed to pay $206.7 million in a foreign bribery settlement with the U.S. Justice Department, which found the telecommunications company had breached an earlier deal. Stockholm-based Ericsson will plead guilty to the original charges it faced following its breach of a 2019 deferred prosecution agreement, the Justice Department said Thursday. In a deferred prosecution agreement, prosecutors charge a company but agree that they will drop those charges after a period of time if the company abides by certain conditions. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. The failures prevented the Justice Department from bringing charges against certain individuals, it said.
Ericsson AB will face an additional year’s scrutiny from a U.S.-mandated monitor appointed in connection with a bribery settlement the company reached in late 2019. The Stockholm-based telecommunications company said Wednesday it had agreed with the U.S. Justice Department and Securities and Exchange Commission to extend the term of its independent compliance monitor until June 2024. The Justice Department notified Ericsson last year that it had breached the agreement by failing to be sufficiently forthcoming with documents and information. Ericsson said it would use the additional time under monitorship to shore up its risk management and compliance frameworks. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance.
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