Recent Posts

VW to pitch to jury ‘it’s paid plenty over diesel cheating’

Bloomberg Volkswagen AG faces a new reckoning over its diesel-emissions scandal — its first US jury trial. The world’s largest automaker says it’s paid plenty to right wrongs, but hundreds of car owners who declined to join a $10 billion settlement contend it hasn’t repented enough. A trial set to begin on Monday in San Francisco federal court will subject ...

Read More »

Italy regions close universities as coronavirus reaches Milan

Bloomberg Authorities in northern Italy temporarily closed some universities after a surge in coronavirus cases left the country with the most infections in Europe, including two cases in the financial hub of Milan. The number of reported cases rose to 60 on February 22, including 47 in the Lombardy region, which borders Switzerland and includes Milan, Italy’s second-biggest city. All ...

Read More »

Buffett now touts wind energy after criticism

Bloomberg Warren Buffett, long under pressure from activists to detail how climate change affects his businesses, used part of his annual letter to shareholders to highlight how wind power generated by a Berkshire Hathaway Inc utility shows the company is reducing its reliance on fossil fuels. Buffett’s letter, with topics ranging from share repurchases to the makeup of corporate boards, ...

Read More »
Send this to a friend