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VW to pay over $10 billion for U.S. emissions scandal: Report
Volkswagen AG will pay nearly US$10.3 billion to settle claims by U.S. regulators stemming from its diesel emissions cheating scandal, a source briefed on the agreement said on Thursday.
Posted on 6-23-2016 at 4:13 PM
Longtime Macy's CEO Terry Lundgren to step down next year
Macy's said its longtime CEO Terry Lundgren will be stepping down next year after leading the company for more than 13 years, and the company's shares rose as much as 5 per cent.
Posted on 6-23-2016 at 3:00 PM
Cirque du Soleil strikes US$40M deal with the NFL for Times Square attraction
Cirque du Soleil is venturing onto new turf by partnering with the National Football League in the creation of an interactive tourist attraction in New York’s Times Square.
Posted on 6-23-2016 at 2:44 PM
Top Picks from Brian Acker: Gilead Sciences, Exxon Mobil, Macy’s
Top Picks from Brian Acker, President, CEO, and Chief Investment Strategist at Acker Finley.
Posted on 6-23-2016 at 1:54 PM
Led Zeppelin wins 'Stairway to Heaven' copyright trial
A jury sided with Led Zeppelin on Thursday in a federal copyright infringement trial in Los Angeles where the band stood accused of stealing the opening chords of the 1971 classic "Stairway to Heaven" from an American group.
Posted on 6-23-2016 at 1:47 PM
High-end smartphone sales peak? BlackBerry CEO sees 'softer' market
As BlackBerry shifts its business from smartphones to software, the company’s chief executive says sales of higher-priced devices are slowing down.
Posted on 6-23-2016 at 1:31 PM
Low-cost airline NewLeaf Travel to resume flights July 25
Discount airfare ticket seller NewLeaf Travel is back in business five months after it abruptly shut down to await a federal regulatory ruling.
Posted on 6-23-2016 at 11:35 AM
How Canada has a US$6B investment at risk in Brexit vote
The British pound plunged nearly 12 per cent against the U.S. dollar over a six-hour period starting at 5:50 p.m. ET on Thursday as it became clear U.K. residents were voting to leave the European Union.
Posted on 6-23-2016 at 11:14 AM

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