VW slapped with new $3bn penalty over diesel emissions scandal

Stock prices of Volkswagen fell sharply Friday after a surprise announcement of another $3 billion charge related to the company's massive USA diesel emissions scandal . Analysts estimate that diesel scrappage in Germany could cost Volkswagen up to another EUR1.2 billion . The fix is taking longer and some cars had to be worked on a couple of times.

London Uber ban: regulators finally catch up with technology

They will continue to take passengers until an appeals process is exhausted, which is likely to take several months. In an open letter , he states that while the company "has revolutionised the way people move in cities around the world, it's equally true that we've got things wrong along the way".

Uber pleads with mayor for deal

Possibly Transport for London and Sadiq Khan thought there was an easy propaganda hit to be had at the "gig economy" by removing Uber's licence . Uber has been criticized by unions and lawmakers too and been embroiled in legal battles over workers' rights. "That doesn't mean abandoning our principles - we will vigorously appeal TfL's decision - but rather building trust through our actions and our behavior".

US Federal Reserve holds interest rates steady

The Federal Reserve voted Wednesday to keep key interest rates unchanged after two days of policy meetings in New York City. The Fed notes that it remains committed to its current policy of maintaining an inflation rate of 2 percent and low unemployment numbers.

Ryanair offers pay rise to some pilots on top of bonus

This is on top of a cash bonus already offered to pilots, which has been given a frosty reception. O'Leary refused to discuss media reports that many pilots had turned down offers of a €12,000 bonus and instead demanded improved contracts .

Flipkart Big Billion Days Sale: Big discounts on smartphones and laptops

On the exchange, it will give Rs 20,000 offer in this sale . The recently launched Lenovo K8 Plus (3GB+32GB) has also received a discount of Rs. 2,000, making it available for Rs. If a MacBook is your target, there are a couple of deals across e-commerce platforms right. Check outall Big Billion Days offers on Flipkart .

Slaughters and Linklaters advise on €15bn Tata Steel and Thyssenkrupp joint venture

Dr. Heinrich Hiesinger, chairman, executive board, thyssenkrupp, said that both businesses were creating a sustainable future for their respective European steel activities, creating ' a strong number two' on the global stage, capable of coping with the structural challenges of the European steel industry.

CCleaner Hacked to Distribute Malware

Cisco Talos says the malicious version of CCleaner was released on August 15; it notified Piriform-CCleaner's UK-based developer, which was acquired by Avast in July-on September 13 and the server was shut down. Users of our cloud version have received an automated update. The virus was unearthed by tech security researchers, and users of the app have been advised to update their software immediately.

Toys R Us Has Officially Filed for Bankruptcy

Once the dominant player in the United States toy market, the company has struggled with $5bn of long term debt as it faced rising competition from rivals such as Amazon, Walmart and Target . The filing is created to give the company time to get its financial house in order by restructuring its $5 billion debt and ensure there is enough money for continued operations.

Day bags hole-in-one, shares BMW lead

Day, who is tied with Rickie Fowler in second place, didn't seem too bothered. "The 62 was obviously pretty nice but, you know, today was nearly as satisfying going into a Saturday with a lead to play the way I did, gave myself a lot of chances".

Equifax Blames Breach on Apache Struts Flaw

Equifax said it discovered the breach on July 29 and that it had been occurring since mid-May. In an unusual move, the Federal Trade Commission confirmed on Thursday that it has opened a probe into the Equifax debacle, which may have compromised the personal information of as many as 143 million Americans.

Rash of sick pilots grounds Air Berlin flights

Lufthansa's low-priced subsidiary Eurowings , which is renting aircraft as well as pilot and crew from Air Berlin , said it had also been forced to cancel some flights. Stable operations are a prerequisite for the success of these negotiations. The airline filed for insolvency in August after its main shareholder, Gulf carrier Etihad , withdrew financial support.

Elon Musk automatically extends Tesla's battery capacity for Florida users

Previously, these vehicles were limited to a driving range of around 210 miles on a single charge. According to a report from Electrek , a Tesla owner required another 30 miles of range to take the best evacuation route away from Hurricane Irma .

Equifax Faces A Class-Action Lawsuit in Atlanta

That language landed the company in hot water with users and regulators alike . Never give out any of your personal information to someone who has contacted you "regarding the Equifax breach" (or any other breach or circumstance, for that matter).

Miami area family welcomes baby with 'perfect name' ahead of Irma

City officials last week said that the cranes could not be tied down or moved. In its 10 p.m. update, the National Hurricane Center said Irma is taking its time moving away from Cuba, moving slowly northwestward away from its north coast at almost 6 miles per hour.

Iran deal is not untouchable: Nikki Haley

So regardless of whether one considers Iran's violations of the JCPOA to have been material, and regardless of whether one considers Iran's flouting of the United Nations resolution on its ballistic missile technology to be "non-nuclear", USA law requires the President to also look at whether the Iran deal is appropriate, proportionate, and in our national security interests.

European Union court rejects refugee quota challenge from Hungary and Slovakia

Hungarian Foreign Minister Peter Szijjarto said " politics has raped European law and values " in response to Wednesday's ruling. He added: 'The real battle is only just beginning'. Szijjarto said the decision was made based on political rather than legal or professional considerations. "All member states should be focusing on delivering, there is no time to waste", he told reporters in Brussels.

Detectives seek motive in murder of Temple student

Once, [neighbor Natalie Abdulhawa] said she witnessed him having an altercation with a woman who burst through his gate and punched him. They say he then put her corpse in a storage bin and moved it to his mother's house in nearby Jenkintown before transporting it 140 miles north to his grandmother's home in Paupack Township via a taxi booked through Lyft - a service similar to Uber.

What's Next in the Plan to Kill Obama-Era Net Neutrality Rules

But Ajit Pai, the new chairman of the Federal Communications Commission , wants to rewrite the rules. Form letters (pre-generated portions of text) made up roughly 90 percent of comments supporting net neutrality and 99.6 percent of comments for Title II repeal.

U.S. economy hits Trump's expansion target

In its second of three estimates, the Commerce Department said Wednesday that gross domestic product rose at a 3% annual rate in the April-June period, an upward revision from the 2.6% reported last month and the strongest growth since the first quarter of 2015.

Com significantly edits Richard Justice column critical of Texas Rangers

The Astros' series against the Texas Rangers will take place at the home of the Tampa Bay Rays Tuesday through Thursday. The Rangers are three games out of a playoffs spot, and moving their late-September series to Houston would haved forced them to play four straight road series down the stretch.

Sharp rise in United States government lobbying in run up to NAFTA renegotiations

Without the support of Congress, a president might withdraw the United States from the worldwide agreement, but he could not singlehandedly wave away the law on the United States books that implemented NAFTA. In this brief, we discuss the sharp rise in USA government lobbying in the run up to the NAFTA renegotiations, the reform of Chapter 11 (the investor-state dispute settlement chapter of NAFTA), and a Trade Case Alert relating to certain polyethylene terephthalate resin from China, ...

Aamir Khan Shares "Main Kaun Hoon" from Secret Superstar

Titled Main Kaun Hoon , the song has been composed by Amit Trivedi . The music is by Amit Trivedi & lyrics are by Kausar Munir. Produced by Aamir Khan , Kiran Rao in association with Zee Studios, and Akash Chawla, Secret Superstar is written and directed by Advait Chandan.

Total buys Maersk Oil for $7.45 Billion

It expects to make cost savings of more than $400m each year. The deal has been approved by both companies' boards but remains subject to shareholder votes and regulatory approvals. Total will then have $2.5 billion in debt to fund the rest of the deal. "In the particular, we have two operations of similar size". The deal is expected to close in first-quarter 2018 with an effective date of July 1, Total said in an August 21 news release announcing the acquisition.

Sensex jumps 154 points in early trade

Infosys took the lead in gainers category by rising over 3.25 or Rs 32 trading at Rs 1008.50 on BSE after the company said it will consider a proposal for buyback of its equity shares at its meeting to be held on August 19. On Wednesday, the key benchmark indices rose 1 per cent which is their biggest single day gain since July 10. The apex court upheld an order by the Delhi High Court which allowed the company to use land at Delhi airport for non-aviation or commercial purposes.

U.S. retail sales surge in July

Non-store retailers, which includes online shopping, reported sales increased 1.3% in July from the month before, while recording a whopping 11.5% compared to July 2016. That helped boost sales of so-called nonstore retailers by 1.3% last month, the largest increase since December. Health and personal care stores increased 0.4 percent over June and increased 1.6 percent unadjusted year-over-year.

Why Target is acquiring Grand Junction

The retailer announced on Monday it agreed to purchase Grand Junction a tech startup whose software is able manage local deliveries by using a network of almost 700 carriers. Target is buying a delivery logistics company to help it offer same-day delivery service to in-store shoppers. Valdez told the Minneapolis Star Ledger that a new Target distribution center in Perth Amboy, NJ will help it service the NY area using a faster, real-time replenishment model.

Kylie Cosmetics Is Currently Worth a Staggering $420 Million

Kylie Jenner officially kicked off her twentieth birthday celebration merriments Wednesday night as she went to Kendrick Lamar's show for the third time in seven days in downtown Los Angeles . Kylie told them she was focusing on her new makeup line. Shot by Mario Sorrenti, it also featured Erika and Joan Smalls, and Bella and Gigi Hadid. Forbes included Jenner in their "30 Under 30" list in summer 2016 for retail and commerce, following the successful launch of her clothing line as ...

Toyota, Mazda mull joint plant in US

The big news is the announcement of a $1.6 billion plant for the United States. The plant will be capable of producing 300,000 vehicles a year, with production divided between the two automakers, and employ about 4,000 people. The Japanese automakers said in a statement Friday that the facility would be operational by 2021, but did not specify where it would be built. However it's not only electric cars that will benefit from the partnership.

Teen jumps from plane at San Francisco airport

The teen, a US citizen, was flying by himself from Panama City, Panama, to San Francisco and appeared to be in emotional distress during the flight, said San Francisco Airport spokesman Doug Yakel. There have been other similar incidents before where passengers have tried to jump off planes. "Just a standard landing and then everyone started noticing that I was sitting behind the mid emergency exit door and everyone noticed that the door had come off", passenger Sebastian Tamarelle said.