VW Faces Probes as Emissions Scandal Hits VW Shares
Volkswagen stock plunged 17.1 percent after U S regulators charged defeat devices in 2 0 L diesel models from 2009 to 2015 including the Jetta Beetle Golf and Passat. CEO Martin Winterkorn apologized saying trust was broken as the EPA warned of up to 1 9 billion in fines and DOJ scrutiny continued.
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United States China ties strained by Chinese cyber espionage
President Obama adviser Susan Rice said China cyberespionage for economic gain strains US China relations and must stop. She urged China to join the US in promoting responsible cyberspace behavior and noted concerns over intellectual property theft and security.
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Texas man pleads guilty in New York bitcoin fraud case
Texas resident Trendon Shavers pleaded guilty in New York to securities fraud in what federal authorities call the first bitcoin securities fraud case. He admitted promising investors daily gains up to 1 percent from their bitcoins, claiming to control 7 percent of all bitcoins in circulation at one point. The scheme ran in 2011 and 2012 with false investor statements. a plea agreement calls for about three years in prison.
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Sales Rise as Fi's Reports Strong 194,170 Increase
Fi's Sales show a 194,170 figure with a notable uptick of 2068, highlighting a solid performance uptick. The data suggests improved revenue momentum for the period, reflecting benefits from ongoing operations and market demand.
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