VW Edges GM In 1Q Global Auto Sales Race
Volkswagen Group posted 2.49 million vehicles sold in Q1 led by VW Audi Skoda and other brands, up 1.8 percent from last year. General Motors reported 2.42 million Chevrolet Opel Buick Cadillac GMC and related sales, up 1.9 percent. Toyota to release its first-quarter figures next week as the top seller for three straight years.
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Comcast Eyes Justice Talks Over Time Warner Cable Bid
Comcast Corp faces antitrust scrutiny as executives plan talks with the U S Justice Department in Washington to assess whether the 45 billion Time Warner Cable merger could harm competition. The FCC reviews public interest while consumer groups and rivals protest the deal.
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FDA Reviews Safety Of Homeopathic Remedies
The FDA pressed to review oversight after safety concerns tied to homeopathic products such as Zicam Allergy Relief and Cold Beze. The agency noted it has issued 40 warning letters to makers since 2009 amid rising U.S. sales.
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Wind energy boom outpacing coal job losses in U S
Renewable energy growth in wind and solar has created more direct and related jobs from 2008 to 2012 than coal losses, with Duke University researchers noting 79 000 jobs vs 49 530 coal cuts. Experts cite incentives, regional limits, and pending tax breaks as factors shaping future growth and uncertainty.
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