Companies & Industries

Texas Plant to Make First U.S.-Assembled Smartphones

(AUSTIN, Texas) — Cellphone pioneer Motorola announced Wednesday that it’s opening a Texas manufacturing facility that will create 2,000 jobs and produce its new flagship device, Moto X, the first smartphone ever assembled in the U.S.

The company has already begun hiring for the Fort Worth plant. The site was most recently …

Ex-KPMG Partner to Plead Guilty to Securities Fraud

(LOS ANGELES) — A former partner at the accounting firm KPMG agreed to plead guilty Tuesday to a securities fraud charge for providing insider information to a friend who plied him in return with cash bribes, a Rolex watch and other luxurious items.

Scott London, 50, agreed to plead guilty to one felony count of securities fraud …

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