Volkswagen to pay 14.7 billion settle diesel scandal
VW faces a 14.7 billion settlement with the EPA and California ARB over 2 liter diesel engines. The deal covers 475,000 cars with buybacks or fixes, fines of 2.7 billion, and 2 billion for clean tech, pending court approval. Owners receive 5100 to 10000 per vehicle, value set to September 2015. Additional probes may raise costs.
MENTIONED IN THIS ARTICLE
Volkswagen
U.S. Environmental Protection Agency
California
Air Resources Board
Associated Press
Bloomberg News
New York Times
EPA
Diet Pepsi Reverts to Aspartame Sweetener Blend
Diet Pepsi ends its pause on aspartame with a new Classic Sweetener Blend version called Diet Pepsi Classic Sweetener Blend using aspartame and Ace-K, while the sucralose Ace-K formula remains the default calorie free option. Facebook launches Featured Events in 10 cities including San Francisco Washington DC and New York to surface local happenings. Gannett to buy ReachLocal for about 156 million in a deal approved by boards expected to close in Q3 2016. British and U.S. bank stocks tumble after Brexit vote with Barclays Royal Bank of Scotland Lloyds HSBC JPMorgan Bank of America Citigroup Wells Fargo Morgan Stanley and Goldman Sachs all falling amid market volatility and stress tests results.
MENTIONED IN THIS ARTICLE
Diet Pepsi
PepsiCo
Pepsi
Facebook
U.S
San Francisco
Washington
D.C
New York
Gannett
Reachlocal
USA Today
Woodland Hills
Calif
Quer
George Osborne
S&p
Barclays
Royal Bank of Scotland
Lloyds Banking Group
Julien Jarmoszko
Britain
Jarmuszko
Jpmorgan Chase
Global Bank
Bank of America
Citigroup
Wells Fargo
Goldman Sachs
Morgan Stanley
Keefe Bruyette & Woods
Jpmorgan and
Federal Reserve Board
Brexit shock erases 1.3 trillion in U.S. wealth
A USA TODAY analysis of S&P Global Market Intelligence data shows U.S. equities in the Russell 3000, including Alphabet, Microsoft, and JPMorgan Chase, losing about 1.3 trillion dollars since the United Kingdom voted to quit the European Union. The Friday one day loss was 2.1 trillion globally, followed by a roughly 1 trillion loss on Monday, with total two-day losses near 3 trillion. Analysts warn of ongoing uncertainty as Europe’s turmoil spills into U.S. markets.
MENTIONED IN THIS ARTICLE
Brexit
United Kingdom
U.S
Alphabet
Microsoft
Jpmorgan Chase
USA Today
S&p
Standard & Poor
Howard Silverblatt
Dow Jones Indices
Dow Jones
Silverblatt
Europe
S&p 500
Apple
Bank of America
Berkshire Hathaway
Citigroup
Facebook
General Electric
Wells Fargo
Global markets reel as Brexit shock hits tech giants
Bill Stone of PNC Asset Management Group warns the global economy teeters toward recession as U.S. investors suffer from cross Atlantic asset re pricing. Microsoft leads losses, shedding 274 billion in market value and sliding to 48.43 a share, followed by Alphabet at 668.26 and Apple near its low after declines of about 5 and 4 percent respectively.
MENTIONED IN THIS ARTICLE
Bill Stone
PNC Asset Management Group
U.S
Atlantic
Microsoft
Tech
Alphabet
Google
Apple
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AFP/GETTY
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London
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Marketwatch.com
USA
Aarp Medic Sales
PAB
Evolunte Ives Staq
Ee the
Jae Yang
Veronica BR
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