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Bankruptcy judge puts off decision on SunEdison independent examiner
April 23, 2016 by publisher · Leave a Comment
By Jessica DiNapoli NEW YORK (Reuters) – A U.S. bankruptcy judge on Friday put off making a decision on SunEdison Inc's request for an independent examiner at the company's first day in court. The U.S. renewable energy company, which filed for bankruptcy protection on Thursday, did receive approval on Friday to tap some of the $300 …
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Bankruptcy judge puts off decision on SunEdison independent examiner
ship-at-emden
Volkswagen takes $18 billion hit over emissions scandal
April 23, 2016 by admin · Leave a Comment
By Andreas Cremer and Edward Taylor WOLFSBURG/FRANKFURT (Reuters) – Volkswagen (VW) said on Friday it would take a 16.2-billion-euro ($18.2 billion) hit to its 2015 results and slash its dividend to help pay for its emissions-test cheating scandal. The news came amid growing signs a regulatory clampdown in the wake of VW's cheating is affecting the broader industry, with Germany-based automakers including Mercedes-Benz, and Opel – as well as VW – agreeing to recall a total of 630,000 cars to fix diesel engine technology blamed for high pollution. On…
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Volkswagen takes $18 billion hit over emissions scandal