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Volkswagen faces Tuesday U.S. deadline for SUV emission repair plan

February 1, 2016 by · Leave a Comment 

WASHINGTON (Reuters) – Volkswagen AG faces a Feb. 2 deadline to submit a repair plan for 80,000 diesel SUVs and larger cars that emit excess pollution, even as it considers buying back some vehicles and a prior fix plan for smaller vehicles was rejected.

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Volkswagen faces Tuesday U.S. deadline for SUV emission repair plan

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Bacardi demands U.S. explain giving Havana Club brand to Cuba

February 1, 2016 by · Leave a Comment 

Bacardi on Monday sought U.S. records to explain the U.S. government's decision to strip the spirits company of its right to the Havana Club brand name and hand it back to a Cuban state company partnered with a global rival. Bacardi's Freedom of Information Act request is …

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Bacardi demands U.S. explain giving Havana Club brand to Cuba

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OPPO, Vivo snap at Apple’s heels in China mobile market

February 1, 2016 by · Leave a Comment 

By Miyoung Kim and Yimou Lee SINGAPORE/HONG KONG (Reuters) – Beyond China few may have heard of OPPO or Vivo, but these local handset vendors are rising up the rankings in the world's largest smartphone market, using local marketing savvy and strong retail networks in lower-tier cities. Industry experts say these cities – there are more than 600 of them and some are bigger than many European capitals – are the next smartphone battlefield as China'…

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OPPO, Vivo snap at Apple’s heels in China mobile market

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Pennsylvania Democrats raise concerns over CP’s Norfolk Southern bid

February 1, 2016 by · Leave a Comment 

Democrats from Pennsylvania's congressional delegation sent a letter to a federal rail regulator on Monday raising concerns over the possible negative impacts of a merger between Canadian Pacific and Norfolk Southern Corp. The letter sent to the Surface Transportation Board raised concerns over the impact it could have on railroad jobs in Pennsylvania and said the merger could lead to “disinvestment” in rail infrastructure in the …

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Pennsylvania Democrats raise concerns over CP’s Norfolk Southern bid

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Alphabet profit sends shares up; overtakes Apple in value

February 1, 2016 by · Leave a Comment 

(Reuters) – Alphabet Inc reported better-than-expected quarterly profit on Monday, sending shares of Google's parent soaring in after-hours trading and making it the most valuable U.S. company ahead of rival Apple Inc.

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Alphabet profit sends shares up; overtakes Apple in value