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VLKPY News

Volkswagen takes new diesel emissions charge, lifts sales forecast

The scandal-hit German car maker puts away $437 million to settle litigation, taking the total set aside for its cheat-technology disaster so far to almost $20 billion.

European regulators fail to smoke Volkswagen out

The scandal-hit German car maker reports third-quarter earnings on Thursday, with little sign European outrage is having much effect on its earnings.

European stock markets close up as banks rebound

Deutsche Bank rises on sale of Abbey Life and denial of government bailout plan.

Volkswagen CEO says revamp will take up to 3 years

Reforms are necessary regardless of the emissions scandal, Müller reportedly says.

Volkswagen under investigation by German regulator over supplier dispute

The German automaker reaches a deal with two key parts suppliers in a desperate move to restart production of the flagship Golf hatchback.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.