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Audi tops U.S. Consumer Reports vehicle ratings as Tesla falls

February 24, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – German luxury automaker Audi on Tuesday topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports despite the brand's emissions-cheating scandal while quality problems hurt Tesla Motors Inc's Model S luxury car. Audi was followed by Fuji Heavy Industries' Subaru unit, Toyota Motor Corp's Lexus brand, Porsche and BMW AG . Volkswagen AG's Audi unit was named best overall brand, based on the magazine's road testing, reliability,

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Audi tops U.S. Consumer Reports vehicle ratings as Tesla falls

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Oil above $37 as U.S. supply tightens, still near 11-year low

December 26, 2015 by · Leave a Comment 

“Some traders playing spot on the downside are getting out and calling it a year,” said Tariq Zahir, managing partner at Tyche Capital Advisors. Oil demand in 2015 was exceptionally high and at current prices, demand is going to remain strong next year,” said Olivier Jakob, analyst at Petromatrix. Crude inventories, which were expected to rise, fell 5.88 million barrels, the Energy Information Administration said.

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Oil above $37 as U.S. supply tightens, still near 11-year low

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Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia

December 26, 2015 by · Leave a Comment 

Valeant Pharmaceuticals International Inc Chief Executive J. Michael Pearson was hospitalized with a “severe case of pneumonia” on Friday and is receiving treatment, a company spokeswoman said. Pearson, 56, joined Valeant as CEO in September 2010 after a 23-year career at McKinsey & Company and became chairman of the board in 2010. Under Pearson's leadership, the company has come

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Valeant says CEO J. Michael Pearson hospitalized with severe pneumonia

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Investors "swipe right" in Tinder-owner Match’s debut

November 19, 2015 by · Leave a Comment 

Match Group, which touts itself as the world's No. 1 dating company, is seen as the crown jewel of Diller's media properties and has driven parent IAC/InterActiveCorp's profit and revenue in recent quarters. One of Match Group's most popular

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Investors "swipe right" in Tinder-owner Match’s debut

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