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Fiat Chrysler U.S. arm's profit hurt by charges

2015-11-05 19:28:09| Automakers - Topix.net

The U.S. arm of Fiat Chrysler Automobiles NV said its third-quarter profit dropped nearly 90% as charges for recalls and other costs masked the financial strength the company continues to draw from its sales of Jeep sport-utility vehicles and Ram pickup trucks in its home market. Net income was $70 million compared with $611 million for the same period a year earlier as revenues rose 5% to $21.8 billion.

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Resident Reports Fraudulent Social Security Charges, Mountain Bike Stolen From Oak Street: Police

2015-11-05 00:50:41| Grocery - Topix.net

On Oct. 28, a loss prevention employee reported a ThinkPad tablet stolen from the office at Whole Foods Market sometime between Sept. 17 and Oct. 13 The matter is under investigation by the detective bureau.

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Justice Department Charges Pharma President with Kickback Conspiracy

2015-11-04 21:40:02| Biotech - Topix.net

In the public relations battle following the issuance of the Yates Memo, the Justice Department can now cite one example for the new policy the recent arrest and charging of Carl Reichel, former President of Warner Chilcott. The Justice Department's new policy got off to a rocky start: in the same week that the Yates memorandum was adopted, the government announced the GM settlement in which no individuals were charged.

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VW denies 'forbidden' software tinkering as EPA charges spread

2015-11-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: The scandal over Volkswagen AG's use of software to circumvent federal air pollution standards in some of its diesel cars broadened yesterday to include some Porsche and Audi models, U.S. EPA said. Continued testing after the first deceptions were announced in September revealed that an additional 10,000 Audi, Porsche and VW diesel-fueled vehicles have been sold that also contain "defeat devices" designed to evade air pollution tests, EPA officials said yesterday. An unknown number of new cars that...

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Porsche pulled into VW emissions-cheating scandal with new EPA charges

2015-11-03 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: The Environmental Protection Agency on Monday levied additional charges against Volkswagen, pulling its subsidiary Porsche into the global emissions-cheating scandal. The agency also added a new engine -- the 3.0-liter diesel six-cylinder -- and several more models to the list of vehicles it says were illegally equipped. The models include the 2014 VW Touareg, the 2015 Porsche Cayenne and the 2016 Audi A6 Quattro, A7 Quattro, A8, A8L and Q5. The 3.0-liter vehicles spew emissions of nitrogen...

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