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Turing Pharma names chairman to replace Shkreli as CEO
December 20, 2015 by publisher · Leave a Comment
(Reuters) – Martin Shkreli, the poster boy for prescription drug price increases who was arrested for securities fraud this week, has stepped down from his post as chief executive officer of Turing Pharmaceuticals Inc, the company said on Friday. Shkreli was replaced by Turing Chairman Ron Tilles, who said in a statement that the company was committed to continuing…
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Turing Pharma names chairman to replace Shkreli as CEO
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Volkswagen chairman eyes job rotation for key roles: Welt am Sonntag
December 20, 2015 by publisher · Leave a Comment
Volkswagen plans to limit the time staff can remain in certain roles, its supervisory board chairman told a German weekly, in a step to improve oversight at the German carmaker. VW said in September it had cheated U.S. emissions tests and installed software capable of deceiving regulators, wiping billions of euros off its market value and forcing out its long-standing chief executive. The employees…
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Volkswagen chairman eyes job rotation for key roles: Welt am Sonntag
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U.S. approves 2016 BMW diesel X5 SUV after EPA review
December 11, 2015 by publisher · Leave a Comment
The Environmental Protection Agency and California Air Resources Board approved the sale of the new 2016 BMW diesel X5 after government testing found no evidence of software to evade emissions standards, the government said Thursday. EPA spokeswoman Laura Allen said Thursday that the agency – along with California and Canada – was doing additional testing before approving new diesel vehicles.
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U.S. approves 2016 BMW diesel X5 SUV after EPA review
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Ford to invest $4.5 billion more in electric car plan by 2020
December 11, 2015 by creative · Leave a Comment
Ford Motor Co plans to invest an additional $4.5 billion by 2020 in programs to broaden its offerings of hybrids and electric vehicles, Chief Executive Officer Mark Fields said Thursday. Fields said it will launch late next year a new version of its Ford Focus electric car that has a 100-mile range and can recharge in 30 minutes. Ford also plans to add 13 new plug-in hybrid, hybrid or …
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Ford to invest $4.5 billion more in electric car plan by 2020
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VW says only small group to blame for emissions scandal
December 11, 2015 by admin · Leave a Comment
Volkswagen said on Thursday only a small group of employees was responsible for cheating U.S. diesel emissions tests and there was no indication board members were involved in the biggest business crisis in the carmaker's history. Chairman Hans Dieter Poetsch said investigations into the affair were going well, but the scandal was the result of a “chain of errors” and it would still take months to …
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VW says only small group to blame for emissions scandal