Bloomberg Volkswagen has agreed to pay at least $1.2 billion in buybacks and compensation to settle claims from US owners of cars with larger diesel engines that the company rigged to cheat on emissions tests. And the German automaker could pay even more — as much as $4 billion — if it can’t repair many of the cars in …

  Bloomberg Apple Inc. attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant upgrade to its flagship product this year — and the services revenue that these devices are increasingly generating. Existing iPhone users upgraded to the latest iPhone 7 models at about the same rate as the iPhone 6S a year …

  Bloomberg Nintendo Co. shares slipped to a five-month low after a cut in the company’s operating profit forecast indicated sales of its upcoming Switch console may not make up for weak demand for mobile games and the 3DS gaming device. The stock declined 2.1 percent to close at 22,625 yen, the lowest since Aug. 30. The Kyoto-based company cut …