Volkswagen is nearing a $4.3bn settlement with the US regulators that would include pleading guilty to several criminal charges in the diesel emissions scandal. The company is in advanced discussions with the USDepartment of Justice and ...
Tags: Volkswagen, Diesel Emissions
Asset management company Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German automaker over its diesel emissions scandal. Law firm Quinn Emanuel is expected to file complaint on behalf of ...
Tags: Blackrock, lawsuit, Volkswagen
Automakers Ford, Volvo along with technology giant Google and taxi-hailing firms Uber and Lyft have joined forces to push US regulators to draft regulations that support self-driving cars deployment. The coalition, dubbed the Self-Driving ...
Tags: Self-Driving Cars, Ford
The Center for Disease Prevention (CDC), US Food and Drug Administration (FDA) and the US Department of Agriculture (USDA) have issued a warning to food companies to be more proactive in preventing food-borne diseases after a new data shows ...
Tags: Food-Borne Diseases, Food Industry
Canadian law firm Rochon Genova is exploring the possibility of a potential class preceding on behalf of Canadian vehicles owners over Takata airbag issue. The announcement comes in the wake of the recent recalls of more than a million ...
Tags: faulty airbags, vehicles owners, Auto
The axing this week of Yahoo's second-in-command sent a signal that reality is setting in for Silicon Valley sweetheart Marissa Mayer, who leads the struggling Internet pioneer. Hearts soared when Mayer was wooed away from rival Google in ...
Tags: Consumer Electronics, Electronics
Apple has agreed to refund at least $32.5 million to US customers for children's purchases from its online App Store without parental consent, US regulators said Wednesday. The Federal Trade Commission said Apple also agreed to modify its ...
Tags: APP, Apple, Consumer Electronics
Hearts must have sank at 58.com and Qunar Cayman Islands late last month when a report from short seller Muddy Waters sent shares at the US-listed Chinese firm NQ Mobile plummeting by 47%. The two firms, both based in China, planned to list ...
Tags: Chinese Listings, Investors
Twitter has announced that it is to file for an initial public offering (IPO) with the US regulators. The filing is confidential, as is allowed under US law for corporations with less than $1bn in revenue. Such companies do not have to ...
Tags: Computer Products, software, Twitter
A Bitcoin trade group met with representatives of several U.S government agencies Monday as regulators debate whether the?on-line?currency should comply with currency rules. Bitcoin critics have raised questions about the ability to ...
Tags: Computer Products, software
Car, light truck and motorcycle manufacturers selling products in the US will be required to provide an online vehicle recall search tool in 2014, after the National Highway Traffic Safety Administration (NHTSA) announced changes to ...
Tags: Vehicle, Safety Authority
US regulatory authorities have allowed the marketing of a brain wave test, which can diagnose attention-deficit/hyperactivity disorder (ADHD) in children and adolescents aged between six and 17 years. This device, called Neuropsychiatric ...
The European Commission (EC) has imposed a fine of €146m on nine pharma companies, including Ranbaxy Laboratories, for blocking the entry of cheaper generic drug of Lundbeck's anti-depressant, citalopram. Lundbeck agreed with each of ...
Tags: Ranbaxy, Halting Generic Drugs
On May 28, 2013, the Alcohol and Tobacco Tax and Trade Bureau (TTB) issued a ruling (Ruling 2013-2) that allows alcohol beverage industry members to provide consumers with nutritional information about their products and provides guidelines ...
Google is facing another antitrust probe by US regulators into whether the firm is using its Google is facing another antitrust probe by US regulators into whether the firm is using its position as the world's number one web organisation to ...
Tags: Computer Products