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.
A former wireless retail executive was sentenced to five months in prison Tuesday for selling confidential industry information to an analyst whose subsequent 2013 report on sales of BlackBerry Ltd's newest smartphone sent the company's stock price down.
