Category: Money

Vws Ceo Was Told About Emissions Software Months Before Scandal Der Spiegel

FRANKFURT – Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the...

Chinas Geely In Deal To Let Malaysias Proton Tap New-energy Other Vehicle Tech In Global Push

BEIJING – Chinese automaker Geely has agreed to extend its existing partnership with Proton Holdings Berhad (DRBM.KL) to upgrade the Malaysia carmaker’s...

Chinese Internet Stock Sell-off May Shake Faith In Fangs

SAN FRANCISCO – A steep downturn in heavyweight Chinese internet stocks and recent weakness in half of the so-called FANG group have some investors worried that a...

Walmart Asks Some Beauty Suppliers To Consider Sourcing Outside Of China

– Walmart Inc (WMT.N) has asked some beauty suppliers to consider sourcing products from outside China, as it looks for ways to mitigate the impact of a new set of...

As Musk Admits To Job Stress Teslas Board May Have To Act

Elon Musk’s erratic behavior was front and center again this week as the CEO of Tesla conceded that he’s overwhelmed by job stress, pushing his electric car...

Venezuelans Rush To Shop Fill Tanks Before Monetary Overhaul

CARACAS/MARACAIBO – Jittery Venezuelans on Friday rushed to shops and lined up at gas stations on concerns that a monetary overhaul to lop off five zeros from...

Thyssenkrupps Interim Chairman Says Structure Is Not Sacrosanct Focus

FRANKFURT – Thyssenkrupp’s (TKAG.DE) workers are prepared to do their part in the ongoing restructuring of the embattled conglomerate, its interim chairman...

Zoes And Nordstrom Rise While Tesla And Nvidia Skid

Stocks that moved substantially or traded heavily Friday: Nvidia Corp., down $12.62 to $244.82 The chipmaker’s profit forecast fell short of Wall Street forecasts....

Wall Street Rises On Upbeat Trade News

NEW YORK – U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on...

Sampp Lowers Turkeys Credit Rating Deeper Into Junk Territory

ISTANBUL – Standard & Poor’s said on Friday it had cut Turkey’s sovereign credit rating deeper into “junk” territory, citing extreme...