Volkswagen overstated fuel economy on 98,000 U.S. vehicles, will repay consumers
Volkswagen AG must forfeit greenhouse gas emissions credits and is lowering the fuel economy ratings on 98,000 vehicles after the U.S. Environmental Protection Agency said...
Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday
Wall Street ended the week with a lackluster session on Friday as investors were cautious ahead of a holiday weekend in which a fresh round...
Stocks edge higher but post monthly loss; yuan weakens as tariffs loom
Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise on Friday despite a tepid performance on Wall Street,...
Oil falls ahead of hurricane but posts weekly gain as U.S.-China trade war eases
Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near the Florida coast that could dampen demand, but prices...
Activist Jana to push again for changes at Outback owner Bloomin’ Brands
Activist hedge fund Jana Partners on Friday disclosed a large new stake in Outback Steakhouse owner Bloomin’ Brands Inc , returning for the second time...
Twitter CEO Jack Dorsey’s account hacked
The account of Twitter Inc Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets including racial slurs and curse words to 4...
Wall Street mixed ahead of new tariffs, holiday weekend
Wall Street showed mixed results on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of U.S. tariffs on...
General Motors cuts some 350 jobs in Thailand operations
General Motors has cut about 350 jobs from its Thai subsidiary’s operations, a labor representative said on Friday, slashing more than 15% of the workforce...
Argentine peso, bond prices fall further as S&P rating cut prompts selling
Argentina’s battered bonds were driven still lower on Friday after a credit rating cut from Standard & Poor’s triggered automatic selling mechanisms at big pension...
Stocks edge higher but yuan weakens as tariffs loom
Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks edge higher on Friday despite weakness on Wall Street, though...