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VW chairman, CEO knew of defeat devices early: Bild

March 6, 2016 by · Leave a Comment 

Volkswagen AG's current chairman and chief executive were alerted by the carmaker's former CEO to the use of illicit emissions-control software in the United States two weeks before the carmaker disclosed the scale of its manipulations, Bild am Sonntag reported, without citing the source of the information. Martin Winterkorn, who resigned within a week of Volkswagen's (VW) biggest-ever corporate…

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VW chairman, CEO knew of defeat devices early: Bild

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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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Time Inc explores bid for Yahoo’s core business: source

February 24, 2016 by · Leave a Comment 

Time Inc , publisher of Sports Illustrated, People and Time magazines, has been exploring a bid to acquire Yahoo Inc's core Internet business for several weeks, a source familiar with the situation told Reuters on Tuesday. Time Inc has been reaching out to …

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Time Inc explores bid for Yahoo’s core business: source

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Ex-Goldman employee pleads guilty over N.Y. Fed leaks

November 5, 2015 by · Leave a Comment 

By Brendan Pierson and Nate Raymond NEW YORK (Reuters) – A former Goldman Sachs Group Inc employee pleaded guilty on Thursday to illegally obtaining confidential information from a former colleague at the Federal Reserve Bank of New York. Rohit Bansal, a former associate at Goldman Sachs, pleaded guilty to a…

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Ex-Goldman employee pleads guilty over N.Y. Fed leaks

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Number of confirmed E. coli cases linked to Chipotle rises to 40

November 5, 2015 by · Leave a Comment 

The number of confirmed E. coli food poisoning cases linked to Chipotle Mexican Grill Inc restaurants in Washington state and Oregon rose to 40 on Thursday, as health safety officials continued searching for the source of the contamination. Washington lowered its count to 28 after additional testing ruled out one case that was suspected to be linked to the outbreak. Eight Chipotle restaurants in the greater

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Number of confirmed E. coli cases linked to Chipotle rises to 40

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