Volkswagen diesel settlement talks with German consumer groups fail
Volkswagen said talks with consumer groups who were seeking compensation over excessive pollution, caused by VW's diesel cars, had failed.
Volkswagen said talks with consumer groups who were seeking compensation over excessive pollution, caused by VW's diesel cars, had failed.
Asset management firm T. Rowe Price Group Inc has called its investment in WeWork a "debacle" that caused the firm "outsized headaches and disappointments" and left it holding shares worth just a fraction of their original value.
Volkswagen is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company's carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.
Tesla said on Friday it will sell 2.65 million shares at that price, which is a 4.6% discount to its Thursday close.
Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
Google on Friday called on Europe's second-top court to throw out what it called an eye-catching 2.4 billion euros ($2.6 billion) EU antitrust fine, saying there was no factual or legal basis to the inflated amount.
Europe wants the world's financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google , Amazon and Facebook , a document showed.
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting damage to the global economy.
Oil prices rose on Friday and were on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.
The United States is looking to develop a partnership with the telecoms industry to provide alternatives to China's Huawei Technologies, a senior White House official said on Friday.
Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
Here are the biggest calls on Wall Street on Friday.
Tesla said it will sell 2.65 million shares at that price, which is a 4.6% discount to its Thursday close.
Stock markets across the world ticked higher on Friday, as investors bet that the damage to the global economy from China's coronavirus outbreak would not be long-lasting.
France's Total is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.