Volkswagen said on Wednesday that its former chief executive, Martin Winterkorn, would pay the company 11.2 million euros (about $13.7 million) for “breaches of due diligence” that led to the company’s emissions cheating scandal as part of a settlement …
See Original Article

Europe’s largest homegrown battery cell startup has tapped investors including Volkswagen in its biggest funding round to date. The fresh funds will finance the completion of its first factory amid plans to build two more. On Wednesday, Swedish manufacturer …
See Original Article

They issued growth forecasts largely in line with Wall Street estimates and said UPS is fighting to win more contracts with healthcare firms and small and medium-sized businesses (SMBs). At the same time, the …
See Original Article

The company said that its nearly $590 million in available cash is not enough to last into next year and meet its goals in building its full-size Endurance pickup truck. The …
See Original Article

As part of his job, Blieden had control over the company's bank accounts. He abused this authority to wire company money to his personal bank account,
See Original Article