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U.S. agency concerned about destroyed, lost phones in VW probe

A U.S. agency involved in settlement talks with Volkswagen AG over its diesel emissions scandal has raised concerns about nearly two dozen mobile phones destroyed or lost by the German carmaker. The Federal Trade Commission said in…

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U.S. agency concerned about destroyed, lost phones in VW probe

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Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. Quincey's ascension was widely expected since he became chief operating officer in August 2015 after jobs that included running Coke&#…

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Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

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OPEC, non-OPEC agree to their first global oil pact since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some …

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OPEC, non-OPEC agree to their first global oil pact since 2001

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U.S. prosecutors launch review of failed FedEx drug case

SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Department of Justice has begun a rare internal examination of what went wrong in the prosecution of a controversial drug conspiracy case against delivery service Federal Express , the department's top prosecutor in San Francisco told Reuters. The review plays into a broader debate about how the government prosecutes suspected corporate wrongdoing and could influence its approach to such cases in …

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U.S. prosecutors launch review of failed FedEx drug case

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Oil falls on persistent glut fears, China data supports

By Ron Bousso LONDON (Reuters) – Crude futures dipped below $47 a barrel on Friday on concerns that a persistent global glut of crude oil and refined products will impede any price recovery. U.S. West Texas Intermediate (WTI) futures were down 50 cents at $45.18 a barrel. While the price collapse over the past two years has led to

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Oil falls on persistent glut fears, China data supports

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Tesla told regulators about Autopilot crash nine days after accident

By Alexandria Sage and Paul Lienert SAN FRANCISCO/DETROIT (Reuters) – Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, …

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Tesla told regulators about Autopilot crash nine days after accident

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Halliburton and Baker Hughes scrap $28 billion merger

Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. It is the latest example of a large merger deal failing to make it

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Halliburton and Baker Hughes scrap $28 billion merger