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After 15 years, lawsuit against UBS over Enron collapse is dismissed
A federal judge in Houston has thrown out a lawsuit accusing UBS Group AG of hiding fraud by its client Enron Corp from retail customers, a decision that may end a 15-year legal battle stemming from the energy company's December 2001 bankruptcy.In a 228-page decision on Tuesday, U.S. District Judge
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Buffett: United made ‘terrible mistake’ with dragged passenger
Warren Buffett said on Monday United Airlines made a "terrible mistake" in handling the fallout of a recent incident when a man was forcibly dragged off a United flight, which drew widespread outrage and sparked Congressional hearings.But the billionaire, whose
AB InBev raises merger savings after weak year end
BRUSSELS Anheuser-Busch InBev, the world's largest brewer, raised its forecast for savings from its near $100 billion takeover of SABMiller after weaker than expected earnings as beer sales suffered in Brazil. The company, now more than double
VW pledges productivity gains at troubled core brand | Reuters
WOLFSBURG, Germany Volkswagen (VOWG_p.DE) is targeting fixed productivity gains at its troubled core division through 2020 by pushing cost savings, stemming overseas losses and launching more higher-margin cars as the carmaker battles to overcome its emissions scandal.Positive development at Volkswagen's
