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Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.

One lap of the web: A Lotus superbike, a track-only Z06 and a pair of M cars

Motorcycle News Lotus has licensed its name for this 200 HP superbike. Motorcycle News is reporting that Lotus, the beloved sportscar manufacturer that launched a thousand acronymic reliability jokes--"L.O.T.U.S, Lots Of Trouble, Usually Serious"--has lent its name to a 200 HP, V-twin-powered superbike that is to be manufactured by a new company. While it does wear a lovely JPS-style livery, it's not clear where the lightness has been added or if it's been simplified.

Cabbie trials smartphone-only payment

A LONDON cab driver has become the first to accept payment only from a mobile phone app as part of a new trial. Ian Cable will only accept payment via the Barclays PingIt app during the five-day trial, following on from also being the first cabbie to use chip and pin as a form of payment back in 2004. "I am very excited to take part in this trial,” said Mr Cable.