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Volkswagen close to settling US criminal probe

  Bloomberg Volkswagen AG is close to reaching a multibillion dollar settlement with the Justice Department over its cheating of diesel emissions tests, according to people familiar with the matter, wrapping up the company’s exposure to US authorities in the long-running scandal. The resolution, which could come as soon as next week, would include criminal and civil penalties, said the ...

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France’s economy minister visits Tesla to woo Musk

  Bloomberg France is setting out to entice Tesla Motors Inc., boasting the country’s anti- pollution stance and incentives for consumers to go electric. France’s Economy Minister Michel Sapin is due to tour the company’s production site in Fremont, California, to argue that if Tesla is going to expand, it should do so in France, a ministry spokeswoman said. Sapin ...

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World’s biggest tech giants locked in ‘smart home’ race

  Bloomberg For years, the biggest names in tech crammed the Consumer Electronics Show floor with fridges, light switches and microwave ovens to preview a futuristic world where you could control every appliance in the home with your voice. But most of these products, bogged down by glitchy software and hard-to-navigate interfaces, failed to go mainstream. This year may be ...

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