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U.S. regulator has opened Audi investigation: Bild am Sonntag
BERLIN A U.S. government regulator has started investigating Volkswagen's (VOWG_p.DE) Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information.The German weekly paper said a week ago that the California Air Resources Board
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FTC seeks more info on Bass Pro-Cabela's deal
U.S. fishing and hunting equipment retailer Cabela's Inc (CAB.N), which is being bought by privately held rival Bass Pro Shops, said the Federal Trade Commission had sought more information from the companies about the deal.Cabela's shares were down 7.6 percent
Banks, telecoms lead Wall Street up; another Dow record
Wall Street climbed on Tuesday as telecom stalwarts AT&T and Verizon gained and bank shares added to their torrid post-election rally, helping the Dow set another record closing high.The S&P financial sector .SPSY rose nearly 1 percent, lifted by a
Exxon in negotiations with Chad over record $74 billion fine: Bloomberg
Exxon Mobil Corp (XOM.N) is negotiating with Chad over a record $74 billion fine the U.S. oil company was told to pay by a court in the central African nation over unpaid royalties, Bloomberg reported on Tuesday.Exxon has appealed the
