Volkswagen unit Porsche to pay 535 mln euro fine over diesel cheating

Volkswagen unit Porsche to pay 535 mln euro fine over diesel cheating

BERLIN/FRANKFURT (Reuters) – German prosecutors imposed a 535 million euro ($598 million) fine on German luxury carmaker Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which allowed the company to cheat diesel …
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Allergan Raises Forecast After Reporting Rising Sales of Botox

Drugmaker Allergan Plc raised its full-year forecast on Tuesday after reporting rising sales of its flagship product, the anti-wrinkle injection Botox. The company expects full-year earnings of at least $16.55 a share, compared with the $16.43 average of …
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Byron Allen Secures $10 Billion Sports Network Deal

In the over crowded race for Disney’s 21 regional sports channels, Byron Allen and Sinclair Broadcast Group have come out on top. As a minority investor in Sinclair, Allen will benefit from the $9.6 billion acquisition as he looks to expand his media …
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Ferrari Pushes Through Auto Challenges With Profit Beat

Ferrari NV served up more proof the Italian supercar maker can push through headwinds that have beset much of the auto industry, delivering a rise in first-quarter profit that beat the highest estimate. The brand, selling sleek and powerful cars sought after by …
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Lexington's NAI Isaac adds accounting specialist

Lexington, Kentucky-based NAI Isaac has added Kerri Sadler to its team. Sadler joins NAI Isaac with more than 10 years of accounting experience.
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