Profit slips at Volkswagen after accounting change

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Profit slips at Volkswagen after accounting change

FRANKFURT, Germany — Profits have slipped at automaker Volkswagen in the first quarter due to a change in accounting rules, but sales increased and the company recorded no significant additional losses from its diesel emissions scandal. Net profit fell 2 percent to 3.3 billion euros on sales that rose
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The Daily Prophet: Stocks Have Backed Themselves Into a Corner

The Bloomberg Dollar Spot Index has rallied in seven of the past eight days, reaching its highest level since the first part of January despite estimates that the U.S. is headed toward trillion-dollar budget deficits and the sense that the economy is decelerating. Don't look to strategists for clarification, as few
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Subway planning on closing 500 restaurants this year

A Subway fast food restaurant's sign is shown, Monday, Oct. 24, 2016, in New York. (AP Photo/Mark Lennihan). Comment. By Matt Durr · mattdurr@mlive.
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Ecri's Achuthan Says Globalization Heading in Reverse for Years

Ecri co-founder and COO Lakshman Achuthan discusses Fed policy, Treasuries and globalization. He speaks on “Bloomberg Daybreak: Australia.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise Ad Choices
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The Crisis of Fair Value Accounting


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