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VW keeps options open for luxury-car IPO

Bloomberg Volkswagen AG Chief Financial Officer Frank Witter was asked this week whether the world’s largest carmaker would be open to selling shares in the luxury-car unit that includes Porsche and Lamborghini. He didn’t say no to the option, which could potentially unlock billions of dollars in value for Volkswagen investors. “It is a legitimate question, without a doubt,” Witter ...

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Facebook accuses BlackBerry of stealing its ‘tech’

Bloomberg Facebook Inc. is suing BlackBerry Ltd. for patent infringement, escalating the legal battle between the two companies over protected technology. In a 118-page complaint filed filed in San Francisco federal court, Facebook accused BlackBerry of stealing its voice messaging technology, among other patented processes. Facebook is seeking unspecified damages for infringement of six patents. BlackBerry didn’t immediately respond to ...

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The truth about Trump’s record on regulation

Is US  President Donald J Trump dismantling the regulatory state? Not close. To be sure, recent headlines give the impression that he is. On one day, the Department of Transportation proposes to scale back fuel-economy requirements for motor vehicles. On another, the Department of Education proposes to eliminate regulations on for-profit colleges, designed to protect against exploitation and abuse of students. ...

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