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Volkswagen to replace CEO with VW brand chief Herbert Diess

Mr Diess, 59, has been prepared for the role after being headhunted from BMW in 2015 less than three months before the revelation that VW had fitted 11 million diesel cars worldwide with "defeat device" software created to cheat official emissions tests.

Business

Bitcoin Planet (BTPL) raised 8.92% in less than 24 hours

In the last week, Rustbits has traded flat against the dollar. NEO (NEO) traded 6.2% higher against the dollar and now trades at $50.93 or 0.00763567 BTC. BTCRED uses algorithm and proof type. Earlier this morning, Bitcoin price surprisingly soared by over $1,000, even surpassing the $8,000 mark at one point.

Business

Spotify and Hulu launch joint subscripton plan

For now, they are offering paying Spotify members a three-month trial of Hulu for $0.99; after that you'll be switched over to the $12.99 monthly bundle unless you cancel. Still, it's a nice little bonus for music-loving gamers. While Spotify relies heavily on paid subscribers for the bulk of its revenue, the role of the free user can not be underestimated.

Business

Pine Bush school board approves added security in 2018-19 budget

She said while school districts have minimal control over employee-related expenses, the district has been taking a careful approach to balancing the needs of students with community resources. Mayor Levar Stoney and the School Board - other than the board's 4th district representative Jonathan Young - were not briefed on the paper before its introduction.

Business

Mark testifies before sceptical senators

And his company regained more than $25 billion in market value that is had lost since it was revealed in March that Cambridge Analytica , a data-mining firm affiliated with Donald Trump's presidential campaign, gathered personal information from 87 million users to try to influence elections.

Business

Dockless bikeshare pilot participant JUMP acquired by Uber

The ride-hail company has acquired electric bike-share startup Jump Bikes for an undisclosed amount. JUMP is a dockless electric bike service that has rolled out in San Francisco, where it has a small presence with 250 bikes, and Washington, DC.

Business

U.S. core inflation accelerates as drag from phone costs fades

Gasonline prices fell 4 .9%. That put the core CPI above the Fed's 2% target for its preferred inflation measure, the personal consumption expenditure price index, which was up 1.8% in February. The core CPI's pickup will help reinforce the view of policy makers that inflation had been weighed down by transient factors such as the unusual weakness in the cost of wireless-phone services.

Business

Ctc LLC Has Trimmed Tesla INC (TSLA) Holding by $11.95 Million

The company has market cap of $51.23 billion. The stock increased 4.71% or $13.6416 during the last trading session, reaching $303.3016. 4,908,147 shares of the company traded hands. now owns 213,861 shares of the electric vehicle producer's stock valued at $55,451,000 after buying an additional 64,712 shares during the period. Smithfield Trust, a Pennsylvania-based fund reported 500 shares.

Business

Markets end flat in choppy trade

However, there was a twist in the tale as markets nosedived in the late afternoon session on the back of some fresh worries arising on the trade war between the United States and China . China's main market, the Shanghai Composite Index, closed down 0.15 percent to end the day at 3,131.84 points, erasing some healthy gains earlier in the session.

Business

United Kingdom sugar tax comes into effect today

But more than 50% of manufacturers have changed their formulas to cut sugar , according to figures last month from the Treasury. The Soft Drinks Industry Levy comes into effect today. Barr said: "Irn-Bru continues to be made using the same secret Irn-Bru flavour essence, but with less sugar". Insight from our suppliers has suggested that products which contain the highest amounts of sugar could see a percentage increase for operators of up to 35%, albeit on low volume items.

Business

U.S. job growth slows, jobless rate holds steady

That was the smallest amount since last September and followed a 326,000 surge in February. With these revisions, employment gains in January and February combined were 50,000 less than previously reported. While the official unemployment rate held steady for a sixth-straight month in March, the underemployment rate, which captures those out of work and those who want full-time work but are working part-time, moved down to 8% in March after having hit 8.2% the prior month.

Business

Amazon shares PLUMMET as Trump accuses website of not paying ENOUGH tax

According to Axios , people who have met and spoken with Trump say the president is "obsessed" with Amazon and wants to find a way to change the company's tax treatment or go after it on antitrust grounds. In February, US Treasury Secretary Steven Mnuchin told the House's tax-writing committee that Trump "feels strongly" that the government should allow sales taxes on purchases made over the internet.

Business

Markets Right Now: Stocks move solidly higher on Wall Street

Wall Street's main indexes were slightly higher in volatile trading on Tuesday, supported by gains in financials, while technology stocks came under pressure again, Reuters reported. Some tech superstars are confronting their own problems. The company said Friday, after the markets closed, that a recent fatal crash of one of its cars involved an activated Autopilot.

Business

Murdoch offers to sell Sky News to Disney to win pay-TV prize

Since opponents have suggested that a United Kingdom -based news channel is not under fit and proper owner that is 21st Century Fox, Sky News has become an essential part of the takeover deal bid. Fox already owns 39% of Sky and faces competition for control of the business from Comcast, which has lodged a richer bid. It added: "As the regulatory process remains ongoing, shareholders are advised to take no action at this stage".

Business

Panera Bread Latest to Get Hit with a Possible Data Breach

The all-your-can-eat menu on its website offered online account holders' full names, home addresses, email addresses, dietary preferences, usernames, phone numbers, birthdays and the trailing four digits of saved credit cards to anyone able to construct a simple web query.

Business

Put down that phone! Police stepping up E-DUI patrols in April

This year, they plan to do the same. They can tap or swipe their phone if it's mounted in a secure place in their auto . For a first offense, drivers can be fined $150. Nancy's daughter, Brianna, was severely injured when her vehicle was hit by a distracted driver in 2011. Following the end of the General Assembly's 40-day legislative session last week, Gov.

Business

Wall St opens higher as tech stocks recover

But worries that retaliatory tariffs would harm the global economy led investors to cut equity exposure to a four-month low in March and reduce holdings of USA stocks to the lowest in almost two years, according to a Reuters poll. The tech-heavy Nasdaq's . IXIC slim 0.66 percent rise is keeping it on course for its seventh straight quarter of gains. Facebook had recovered in early trading, adding 0.7 percent, but Tesla shares sank more than five percent after Moody's downgraded the ...

Business

Amundi Pioneer Asset Management Inc. Buys New Stake in ICICI Bank (IBN)

Facebook dropped 4.90 per cent as the social media company continued to face scrutiny over a customer data scandal. About 41.67 million shares traded or 11.06% up from the average. Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period. In Play Stocks are volatile enough to produce good risk and reward trading opportunities for both bull and bear traders intraday.

Business

New US deal with South Korea: What you need to know

In addition, the United States has extended a 25 percent tariff on South Korean trucks through 2041. The goal of the side deal will be to secure Seoul's commitment to avoid competitive devaluations of its currency and provide more transparency, such as when the nation's central bank intervenes in foreign-exchange markets.

Business

Top RSI Trades for Today - Amazon.com, Inc., (NASDAQ: AMZN)

ET. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.85 by $0.31. Analysts await Apple Inc. BTIG Research maintained Kennedy-Wilson Holdings, Inc. Citigroup has "Neutral" rating and $46 target. (NASDAQ: AMZN ) to report earnings on April, 26.

Business

Facebook to give users more control over personal information

Users will also be able to review what personal information they've shared and they will also have the option to delete it. Facebook noted that it will be proposing new updates to its terms of service and its data policy to make sure that users will easily understand what data it collects and how it uses it.

Business

SoftBank, Saudi Arabia to build $200-bn solar project

The deal was signed in presence of Saudi Crown Prince Mohammed bin Salman who is on a U.S. visit. Bloomberg reports that SoftBank CEO Masayoshi Son and Saudi Crown Prince Mohammed Bin Salman signed a memorandum of understanding yesterday to build the huge new solar plant.

Business

Ireland to Expel 1 Russian Diplomat Over Skripal Case - Foreign Minister

Ireland will expel a Russian diplomat over the nerve agent attack on a spy on British soil. Tánaiste Simon Coveney has described the Salisbury chemical attack as an affront to global law and order as he announced the expulsion of one Russian diplomat.

Business

Lopetegui happy with Spain showing against 'physically stronger' Germany

Next up for Spain is an global friendly against Argentina on Tuesday night. The hosts continued to pose the greater goalscorer threat, however, and Werner went close again before Hummels sent a 65th-minute header crashing against the crossbar from Kroos' cross.

Business

County has winter storm watch

New York City braced for what could be its biggest March snowstorm ever, with 12 to 18 inches forecast. More than 79,000 homes and businesses in NY and New Jersey were blacked out as of 7 a.m., according to data compiled from utility websites by Bloomberg.