• Volkswagen fined $2.8bn in United States diesel emission scandal
Volkswagen fined $2.8bn in United States diesel emission scandal

Assistant U.S. Attorney John Neal in March told Cox that federal guidelines called for a fine between $17 billion and $34 billion, based on the depth of the company's conspiracy. With the criminal fine, Volkswagen's legal settlements stemming from its emissions fraud could exceed $25 billion in the US alone depending on how many vehicles the auto m...

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  • Oil prices rise on prospect that Saudi Arabia seeking output cut extension
Oil prices rise on prospect that Saudi Arabia seeking output cut extension

Wednesday's Energy Information Administration (EIA) inventories data recorded a draw 2.2 million barrels in the latest week following a 1.6 million build previously and this was a bigger draw than expected which pulled stocks down from record highs.

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  • Ontario housing measures to deal with speculators, supply, rental issues
Ontario housing measures to deal with speculators, supply, rental issues

Premier Kathleen Wynne is slapping a 15 per cent "non-resident speculation" tax on foreign investors to help cool down southern Ontario's scorching real estate market, the Toronto Star has learned. Ontario's provincial government on Thursday introduced 16 measures created to cool the red-hot property market in Toronto and the surrounding regi...

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  • Most major Western leaders to skip China's New Silk Road summit
Most major Western leaders to skip China's New Silk Road summit

Both the ceremony and the summit will be held here on May 14 to 15, Xinhua news agency reported. When he was making clarification on "The Belt and Silk Road: Creating New Development in Africa", the professor told a delegation of visiting Nigerian journalists that it was necessary for Nigeria to become more active with China.

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  • U.S. ambassador: Regime change in Syria is a priority for Trump administration
U.S. ambassador: Regime change in Syria is a priority for Trump administration

A week ago, Haley and Tillerson said that the U.S. was not working towards unseating Assad, and that such a decision should be up to the Syrian people . the result of their failure has led to the killing of more children and innocents", Mr Tillerson added. Russian Federation and Iran have backed Assad in Syria's six-year-long conflict, as has th...

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  • Lawyer: Dragged passenger 'poster child' for airline abuses
Lawyer: Dragged passenger 'poster child' for airline abuses

On Thursday, United Master Executive Council - the union that represents all of the airline's 12,500 pilots - released a letter condemning the violent removal of Dr. " Chicago employees should not be doing the dirty work for the Friendly Skies airline", he said. After three passengers agreed to relinquish their seats, Dao said he was a doctor an...

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  • The Coca-Cola Company (KO) Overbought or Oversold?
The Coca-Cola Company (KO) Overbought or Oversold?

The company reels an EPS growth for the next year at 9.98%, displaying an EPS growth of 8.20% for the past five years and an EPS value of 14.75% for the following five years. Shareholders of record on Monday, April 10th will be issued a dividend of $0.2261 per share. This represents a $1.48 annualized dividend and a dividend yield of 3.47%.

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  • University student killed in Venezuela opposition protest
University student killed in Venezuela opposition protest

Opposition leaders announced another round of protests in Venezuela's more than 300 municipalities for Thursday, saying scattered demonstrations would stretch security forces thin. Despite the surge in protests, many Venezuelans are pessimistic that marches can bring about change, scared of violent clashes, or simply too busy trying to find food.

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  • KFC Chicken Will Go Antibiotic Free at the End of 2018
KFC Chicken Will Go Antibiotic Free at the End of 2018

According to KFC U.S. president Kevin Hochman, the policy applies only to the 4,200 restaurants supplied by some 2,000 domestic chicken farms in the U.S. "KFC's new policy will be a game changer for the fast-food industry and public health", Lena Brook, food policy advocate for the NRDC, said in a statement .

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  • Gambler tied to Mickelson convicted of insider trading
Gambler tied to Mickelson convicted of insider trading

The Las Vegas gambler linked to golfer Phil Michelson said outside court that he "just lost the biggest bet of my life". "Frankly I'm in shock". Prosecutors said Walters at one point recommended to Mickelson that the golfer, who at the time owed him a gambling debt, buy Dean Foods stock.

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  • Assange taunts Ecuador opponent after election
Assange taunts Ecuador opponent after election

The opposition candidate Guillermo Lasso called for digging into the election day, and did not agreed with the official electoral results giving Lenin Moreno the victory in the second round. Fulfilling a new commitment - enshrined in Ecuador's 2008 constitution - to prohibit foreign military bases in the country, in 2009 Correa ordered the withdraw...

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  • Misbah-ul-Haq to retire after Test series against West Indies: PCB
Misbah-ul-Haq to retire after Test series against West Indies: PCB

Misbah-ul-Haq will quit after Pakistan's Test series against West Indies . Misbah will hang up his boots for good after the Test series in the West Indies which gets underway on April 21 and he is eager to go out on a high. He took over the captaincy in 2010, reshaping the country's reputation and squad after the spot fixing scandal in Eng...

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  • Scottsdale-based Taser changing name, offering free body-worn camera trials
Scottsdale-based Taser changing name, offering free body-worn camera trials

And Axon founder and CEO Rick Smith said he expects the body cameras will make it easier for officers to do their jobs, and will "drive important social change". He thinks Axon is likely feeling pressure to innovate in a crowded marketplace. In recent years, federal dollars went to police agencies both big ( Los Angeles ) and small (Villa...

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  • Arsenal boss Arsene Wenger: We showed great mental resource against Man City
Arsenal boss Arsene Wenger: We showed great mental resource against Man City

They will bid to end a three-game winless streak in the Premier League when they host West Ham United on Wednesday. "I'm not sure", Clichy told the reporters. "'The fans will be the ones who ultimately decide Arsene Wenger's fate' - those are the words of an Arsenal board member". Wenger was unable to provide a prognosis on the Achilles inj...

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  • Panera Shares Are Jumping on a Report That It's Considering a Sale
Panera Shares Are Jumping on a Report That It's Considering a Sale

The CEO told CNBC last week he has no plans to retire. Finally, Norges Bank acquired a new position in Panera Bread during the fourth quarter worth approximately $48,169,000. Panera Bread Company (PNRA ) is now showing its ROA (Return on Assets) of 11.3%. During the same quarter in the previous year, the business posted $1.88 EPS.

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  • Train derailment at Penn Station affects next day's commute
Train derailment at Penn Station affects next day's commute

Five people suffered minor injuries in the derailment, officials said. With extra NJ TRANSIT trains scheduled to enter Hoboken station tomorrow, Hoboken-bound customers should expect congestion-related delays and plan extra time for travel.

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  • Rare 'Pink Star' diamond expected to break auction record
Rare 'Pink Star' diamond expected to break auction record

The oval mixed-cut diamond smashed the 60 million United States dollars (£48.2 million) pre-sale estimate set by Sotheby's when it went on the block on Tuesday evening. Sotheby's decided the time was right to bring the diamond back to the market because of rising demand from wealthy Asian buyers. It's the biggest polished diamond in its category ...

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  • General Motors: This Is Ridiculous
General Motors: This Is Ridiculous

General Motors (GM) inched up about 1.5%, while Ford (F) fell 4.0% during the quarter. Analyst polled by Reuters expected a SAAR of 17.3 million vehicles for March. Honda said on Monday, April 3, 2017, that its March sales fell just under 1 percent, dragged down by sagging demand for its Acura luxury brand. Of course, this further highlighted...

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  • What the death of broadband privacy rules means
What the death of broadband privacy rules means

The House voted 215 to 205 in favor of striking the regulations, following the Senate's resolution to do so last week. Leading Democrat Nancy Pelosi said the Republican-led effort was putting profits over the privacy concerns of Americans.

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  • SpaceX Launches Its Reusable Rocket
SpaceX Launches Its Reusable Rocket

SpaceX inspected and refurbished the first stage for reuse, breaking the normal paradigm of rocket launches in which spent boosters are jettisoned and disposed in the ocean. Plans to reuse the Falcon 9 second stage booster have been abandoned as the weight of a heat shield and other equipment would impinge on payload too much for this to be economi...

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