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Viacom shares soar after deal to renew Dish contract

April 21, 2016 by · Leave a Comment 

Viacom Inc said on Thursday it has renewed a multiyear distribution contract with satellite TV provider Dish Network Corp, lifting the media company's shares over 11 percent. The companies had been in talks for several months over whether Dish would continue to carry Viacom's 18 channels, which include Nickelodeon, Comedy Central and MTV, and at what price, for its 14 million subscribers. The deal …

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Viacom shares soar after deal to renew Dish contract

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Solar developer SunEdison in bankruptcy as aggressive growth plan unravels

April 21, 2016 by · Leave a Comment 

SunEdison Inc, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection on Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable. In its bankruptcy filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion

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Solar developer SunEdison in bankruptcy as aggressive growth plan unravels

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VW forges U.S. deal arising from diesel emissions scandal

April 21, 2016 by · Leave a Comment 

By Alexandria Sage and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) – Volkswagen AG, driving to move beyond a scandal that has disrupted its global business and sullied its reputation, announced a sweeping…

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VW forges U.S. deal arising from diesel emissions scandal

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New Jersey sues Volkswagen over excess diesel emissions

February 6, 2016 by · Leave a Comment 

New Jersey on Friday filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey's acting attorney general, John J. Hoffman, accused VW and its Porsche and Audi units of perpetrating a massive fraud on consumers and violating state clean air laws. VW has admitted installing illegal diesel emissions software to

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New Jersey sues Volkswagen over excess diesel emissions