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U.S. job growth slows; markets bet on December rate hike
October 7, 2016 by creative · Leave a Comment
U.S. employment growth eased for the third straight month in September and the jobless rate rose, but the slowdown was not expected to prevent the Federal Reserve from raising interest rates later this year. The…
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U.S. job growth slows; markets bet on December rate hike
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Volkswagen says it might not resume U.S. sales of diesel vehicles
September 14, 2016 by admin · Leave a Comment
By David Shepardson WASHINGTON (Reuters) – Volkswagen AG said on Wednesday it has not decided if it will resume selling diesel vehicles in the United States, even if it were allowed to, in the wake of the automaker's emissions cheating scandal. The German automaker has been barred from selling diesel vehicles in the United States since late 2015 after it acknowledged using “defeat devices” to evade U.S. diesel emissions standards. The company is in talks with U.S. regulators but approval to…
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Volkswagen says it might not resume U.S. sales of diesel vehicles
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Sumner Redstone moves to oust five Viacom directors including CEO from board
June 17, 2016 by admin · Leave a Comment
By Jessica Toonkel and Dan Levine NEW YORK/SAN FRANCISCO (Reuters) – Sumner Redstone removed five of Viacom Inc's directors, including Chief Executive Philippe Dauman, from the board of the media company he controls on Thursday, a big step toward a potential management shake-up of the almost $20 billion…
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Sumner Redstone moves to oust five Viacom directors including CEO from board
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Mitsubishi plans $600 million compensation for four models over mileage cheating
June 17, 2016 by admin · Leave a Comment
Japan's Mitsubishi Motors Corp said it plans to give owners of four minivehicles close to $1,000 in compensation for its overstating of mileage readings, part of reimbursement costs that will total at least $600 million. The mileage scandal, which the company has blamed on pressure to deliver competitive readings and poor supervision of testing processes, has led to plans for Nissan Motor Co to take a one-third controlling stake in …
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Mitsubishi plans $600 million compensation for four models over mileage cheating