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Volkswagen CEO to hold high-level talks in Washington on emissions scandal

January 7, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – Volkswagen Chief Executive Matthias Mueller will meet with the top U.S. environmental regulator next week for the highest-level talks since the German automaker admitted to using software to evade emissions requirements for 580,000 U.S. vehicles. Mueller will meet with U.S. Environmental Protection Agency chief Gina McCarthy on Wednesday in Washington, at the request of Volkswagen, agency spokeswoman Laura Allen said. McCarthy told reporters …

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Volkswagen CEO to hold high-level talks in Washington on emissions scandal

their-merger

Yahoo looking to slash 10 percent or more of its workforce – Business Insider

January 7, 2016 by · Leave a Comment 

“We are not confirming this rumor or commenting further”, Sarah Meron, a spokeswoman for Yahoo told Reuters on Thursday in an e-mail. This move follows activist investor Starboard Value LP's letter to Yahoo on Wednesday ramping up

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Yahoo looking to slash 10 percent or more of its workforce – Business Insider

their-merger

United Airlines fined $2.75 million over treatment of disabled, tarmac delays

January 7, 2016 by · Leave a Comment 

The U.S. Transportation Department said it fined United Airlines $2.75 million on Thursday for breaking rules protecting air travelers with disabilities and prohibiting long tarmac delays. The airline, part of United Continental Holdings Inc, was also ordered not to break those rules in future, the department said in a statement.

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United Airlines fined $2.75 million over treatment of disabled, tarmac delays

their-merger

Shire, Baxalta to announce merger as soon as Monday: sources

January 7, 2016 by · Leave a Comment 

The deal would come after Reuters first reported on Dec. 22 that Shire's latest offer for Baxalta had met the latter's valuation expectations. Baxalta shares were trading on Thursday just under $39 and Shire stock was at $190.45 a share. Both parties are confident tax concerns arising from Baxalta's spin out from Baxter International Inc will not be an impediment to the transaction but are waiting for a formal legal opinion to come through before signing their merger agreement, the people added.

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Shire, Baxalta to announce merger as soon as Monday: sources