Berlin / Bloomberg Volkswagen AG got German regulatory approval to carry out technical fixes on 460,000 diesel cars fitted with software that cheats emissions tests. The approval from the Federal Motor Transport Authority applies to models with 1.2-liter EA189 engines including Volkswagen Polo and Seat Ibiza, the German carmaker said in a statement on Sunday. Germany’s approval is valid ...

  Washington / Bloomberg A. P. Moeller-Maersk A/S, a Danish conglomerate that owns the world’s largest container shipping company, is voicing concern as a potential shift in U.S. policy threatens to reduce global trade. While Maersk assumes that no matter how the U.S. presidential election ends, it probably “won’t have an effect on the contracts we have and the employment ...

  A great mystery of our time — one that should frame the campaign debate — is why the economic recovery has been so sluggish. Consider this comparison. After the brutal recession of the early 1980s (peak unemployment: 10.8 percent), it took only 11 months for employment to regain its pre-recession level. By contrast, it required 51 months after the ...