On a bustling street in China's southern boomtown of Shenzhen, more than 30 stores carrying Apple Inc's iconic white logos peddle pre-orders for the new iPhone, a gadget that has become a status symbol among many better-off Chinese.
Volkswagen CEO Martin Winterkorn faced a reckoning with his board on Wednesday, summoned to explain how the company falsified U.S. emissions tests in the biggest scandal in the 78-year history of the world's largest car maker.
Volkswagen AG (VOWG_p.DE) faces penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday.
U.S. regulators need to accelerate their efforts beef up the rules governing "dark pool" trading platforms to better protect investors from poor trade execution and conflicts of interest, according to a new report released Tuesday.
