Bloomberg Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement. The pay packages included $2.8 million in salary and cash bonus, and $20 million in equity …

  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 …

  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 …