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Tag

//Tuesday
off

VW expects to start in January : Emissions Scandal

Meanwhile, Volkswagen chief executive Matthias Muller in an interview to Frankfurter Allgemeine Zeitung said the company will start recall of vehicles by January and fix the issue by the end of next year.
Posted On Oct 07 2015
, By Brain Carroll
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Senate to vote on massive defense bill

Analysts say this year’s defense bill contains a few of the most significant reforms to the Department of Defense in decades, including measures to cut the Pentagon bureaucracy and modify retirement benefits. Carter later signed Congress’s second proposal, which did...
Posted On Oct 07 2015
, By Dave Harris
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Expect a high of 85, low of 64 Monday; rain expected Friday

There will be a gradual increase to the upper 70s through Wednesday. Tuesday is even warmer, with highs near 70 degrees.
Posted On Oct 07 2015
, By Mike Harrison
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VW suspends diesel sales in Australia

VW employees arriving for work at the company’s huge plant in the northern German town on Friday hoped that a new chief executive could start to stabilize the company.
Posted On Oct 07 2015
, By James Taylor
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Clinton says she’ll offer plan for ‘Wall Street abuses’

“Well, that would be a word that might well fit”, Clinton said, but then she reconsidered.
Posted On Oct 07 2015
, By Dave Harris
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Gold, silver futures settle higher

The most active gold contract for December delivery went up 1 USA dollars, or 0.09 percent, to settle at 1,137.60 dollars per ounce. Non-farm payrolls rose by only 142,000 last month, below economists’ expectations of 203,000.
Posted On Oct 07 2015
, By Mike Harrison
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Volkswagen AG (ADR): Matthias Mueller Named New CEO After Emission Fiasco

Embattled German automaker Volkswagen on Friday tapped an executive from Porsche as the group’s new chief – and pledged a major managerial shakeup as it tries to navigate the backlash over its attempt to get around us emissions regulations. He is head of Porsche,...
Posted On Oct 07 2015
, By James Taylor
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8m cars in European Union have cheat devices: VW

When the company admitted last month that 11 million vehicles were affected by software created to cheat emissions-testing, VW said it was setting-aside €6.5bn (£4.9bn) to cover costs.
Posted On Oct 06 2015
, By James Taylor
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World stocks up on hopes for Fed hike delay, Japan stimulus

All three major US indexes have gained since Friday when a weak U.S.jobs report led to expectations that the Federal Reserve would not raise interest rates this year, meaning the era of near-zero interest rates would continue. Stocks had trimmed a few of their gains earlier in...
Posted On Oct 06 2015
, By David Lee
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Jason Chaffetz makes bid for House speaker

The same House conservatives who not so quietly helped push out Speaker John Boehner have been tight-lipped about whom they want to replace him.
Posted On Oct 06 2015
, By Dave Harris
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Tropical Storm Ida poorly organized over the Atlantic

The depression is centered about 1,205 miles (1,935 kilometers) east-northeast of the northern Leeward Islands and is moving north at 5 mph (7 kph).
Posted On Oct 05 2015
, By Brain Carroll
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RBI cuts repo rate by 50 basis points to 6.75%

In its third rate cut this fiscal (20 bps in April and 10 bps in June), Axis Bank cut its base rate to 9.50 per cent from 9.85 per cent. “The new rate will be with effect from October 5, 2015″.
Posted On Oct 05 2015
, By David Lee
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Congress passes bill to avoid shutdown

Conservative Republicans are very much against the spending bill’s inclusion of federal dollars for Planned Parenthood, and News 3’s Noelle Bellow has reaction form one local health group.
Posted On Oct 04 2015
, By Dave Harris
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GOP moderates push back against tea party shutdown tactics over Planned

“The deplorable practices at Planned Parenthood have been exposed to Americans, and I have chose to stop any association with the organization in Alabama”, Bentley said at the time.
Posted On Oct 04 2015
, By Dave Harris
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Banks cut interest rates; loans to turn

Axis Bank, private sector bank in India, announced that the bank has reduced its base rate by 35 basis points to 9.50% with effect from October 05, 2015. (The move could pave the way for a relook at the system of base rates – the floor lending rate for banks – and the...
Posted On Oct 03 2015
, By David Lee
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