Car Donation Foundation misleads donors says Minnesota AG
The Minnesota attorney general reports that the Car Donation Foundation collected vehicles nationwide and told donors the gifts went to Make-A-Wish. About 80 percent of revenue funded payouts to two for profit firms owned by founders, with only 20 percent to charity.
MENTIONED IN THIS ARTICLE
Minneapolis
Minnesota
Make-A-Wish Foundation
Lori Swanson
Car Donation Foundation
Swanson
William Bigley
Randy Heiligman
Attorney General
Duffy
Make-A-Wish
Donation Foundation
Attorney General’s Office
Wheels For
South Carolina
Secretary of State
Oregon
Twin Cities
VW faces second defeat device probe tied to 2016 diesel models
The report describes a second emissions defeat device on 2016 VW diesel cars intended to speed catalyst warmup and aid test pass rates. Regulators assess whether VW disclosed the device and if the issue expands penalties beyond the existing up to 18 billion dollar fine exposure.
MENTIONED IN THIS ARTICLE
Ware
U.S
Jeannine Ginivan
WWW
Volkswagen
EPA
McCabe
Kelley Blue Book
Karl Brauer
Brauer
Congressional
Volkswagen reshuffles North America amid leadership changes
Skoda chair Winfried Vahland will not move to head the new North America region despite a broader VW reorganization. Matthias Mueller becomes CEO as VW denies Spiegel report about engineers involved in diesel software, while Jones Day investigates.
MENTIONED IN THIS ARTICLE
Volkswagen
Skoda
Winfried Vahland
Vahland
North America
China
U.S
Michael Horn
Matthias Mueller
Martin Winterhorn
Horn
Volkswagen Group of America
Canada
Mexico
America
Mueller
Czech Republic
Audi
SEAT
Lamborghini
Bentley
der Spiegel
Jones Day
Netflix stumbles in U.S. subscriptions amid tighter competition
Netflix reported 880000 U.S. added subscribers in Q3, well below the 1.15 million forecast, signaling possible churn as rivals like Hulu Amazon and HBO compete. The miss sent the stock down about 15 percent after hours. international growth kept overall subs strong with 69.17 million global streaming customers.
MENTIONED IN THIS ARTICLE
Netflix
U.S
Silicon Valley
Hulu
Amazon
HBO
Orange
Narcos
Japan
Portugal
Spain
Italy
Wall Street
Bank stocks mixed as Bank of America gains others fall
Bank of America rose 0.8 percent to 15.64 after posting results. JPMorgan fell 2.5 percent to 59.99 despite a 22 percent rise in quarterly profit, missing estimates. Wells Fargo edged down 0.7 percent to 51.50 with a slim profit gain. The Dow and S&P 500 remain lower for the year amid growth worries.
MENTIONED IN THIS ARTICLE
Bank of America
Jpmorgan
Wells Fargo
Wal-Mart profit drop blamed on wage hike called fairytale
MCAW labels Wal-Mart profit decline a fairytale after the retailer warned of lower annual profits. Jess Levin, MCAW communications director, says wage boosts cut hours and fail to reflect customers' values. MCAW released ads Replaceable and Real Change highlighting worker struggles, airing during the Democratic debate.
MENTIONED IN THIS ARTICLE
Washington
Wal-Mart
Walmart
Wal- Mart
Jess Levin
MCAW
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