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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

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Canadian love affair with Manhattan real estate seen unabated

February 6, 2016 by · Leave a Comment 

By Allison Lampert MONTREAL (Reuters) – Canadian investment in the Manhattan commercial property market is expected to stay strong this year after quadrupling to hit a record in 2015, real estate specialists said. Canadians accounted for almost a third of the $25.6 billion in foreign capital that poured into Manhattan commercial properties last year, with …

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Canadian love affair with Manhattan real estate seen unabated

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BlackBerry cuts 200 jobs in Ontario and Florida to trim costs

February 6, 2016 by · Leave a Comment 

BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. “As BlackBerry continues to execute its turnaround plan, we remain focused on driving efficiencies across our global workforce,” the company said in an emailed statement. The layoffs will affect

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BlackBerry cuts 200 jobs in Ontario and Florida to trim costs