• Volkswagen Recalls 281000 Vehicles Over Engine Stalling Problem
Volkswagen Recalls 281000 Vehicles Over Engine Stalling Problem

It can also cause the fuel pump to continue running, even though there is a loss of power from the computer. VW is going to notify owners about the problem in October, and send a second letter when replacement computers are available. Chinese authorities conducted an investigation past year that led to a recall in that country, which prompted t...

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  • Volkswagen is Recalling almost 281 thousand cars
Volkswagen is Recalling almost 281 thousand cars

Cars recalled due to a faulty fuel pump . Volkswagen says that the fuel pump can lose electric power, thus cutting off the fuel supply to the engine and causing the cars to stall. However, the new parts - from a different supplier than the original - are "currently unavailable". The no-cost charge involves replacement of the fuel pump control mod...

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  • Buffett's $13B bonanza: Move makes billionaire Bank of America's largest shareholder
Buffett's $13B bonanza: Move makes billionaire Bank of America's largest shareholder

Other banks in which Berkshire Hathaway has a stake include JPMorgan Chase & Co, the largest USA bank, where Todd Combs, one of Buffett's deputy portfolio managers, is a director. Buffett has run the Omaha, Nebraska-based conglomerate since 1965. Bank of America Chief Executive Brian Moynihan said, "In 2011, we welcomed Berkshire Hathaway a...

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  • N-Out Is Taking Smashburger to Court Over This Big Cheeseburger
N-Out Is Taking Smashburger to Court Over This Big Cheeseburger

In it, the Southern California-based burger chain alleges that Smashburger's new item, a "Triple Double" burger, is "likely to confuse and mislead the consuming public" into believing that In-N-Out has approved or licensed the sandwiches, according to the lawsuit .

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  • U.S. economy records fastest growth in 2 years
U.S. economy records fastest growth in 2 years

Increases in consumer spending and business investment powered almost all of the revision issued on Wednesday. American consumers remain in the driver's seat in the current expansion, backed by a strong job market, contained inflation and low borrowing costs.

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  • Nintendo Switch pop-up zone is coming to Sandton
Nintendo Switch pop-up zone is coming to Sandton

We wouldn't even be all that surprised if PES 2018 becomes the third football game of choice, sitting behind the dominant FIFA 18 console release and this impressive portable option for Nintendo's continually growing player base. The special FE Warriors and Pokemon bundles will become available on the same day in which the games are rel...

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  • The Muppets Unveil Kermit The Frog's New Voice
The Muppets Unveil Kermit The Frog's New Voice

Kermit's new man stars in the latest Muppets Thought of the Week video, published on YouTube on Monday. So needless to say, Vogel had the necessary credentials to take on the role of Kermit . "Steve performed Kermit as a bitter, angry, depressed victim", she wrote on Facebook , according to Page Six. Vogel had been a member of the Sesame S...

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  • Best Buy apologizes for price-gouging on bottled water in Houston
Best Buy apologizes for price-gouging on bottled water in Houston

Subsequent commenters accused the store, in the Houston suburb of Cypress, of price gouging. A cursory online search for a 24-pack of Dassani water at 500 ml is priced just above $15.50. "We expect more complaints in the wake of the storm regarding home fix and construction fraud/price gouging", said Kayleigh Lovvorn, who works in media relat...

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  • United Kingdom retailers see Brexit hit to consumers without detailed customs plans
United Kingdom retailers see Brexit hit to consumers without detailed customs plans

Britain could suffer food shortages if customs procedures are not resolved before Brexit , the British Retail Consortium (BRC) said. News and books retailer WH Smith released a confident trading update ahead of its end of year results, due on October 12.

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  • President Trump declares state of emergency for Louisiana
President Trump declares state of emergency for Louisiana

It forced a storm surge that breached a system of levees built to protect New Orleans. Western Louisiana residents braced for more wind and water as tropical storm Harvey headed their way after dumping record rainfall on Texas. About 500 people were evacuated in southwest Louisiana's most populous parish early Tuesday, as a heavy band of ra...

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  • The Advisory Board Company (ABCO) Lowered to Market Perform at William Blair
The Advisory Board Company (ABCO) Lowered to Market Perform at William Blair

Baird bumped down the stock price target of Advisory Board (NYSE: ABCO ) to $54.00 indicating a possible upside of 0.02%. Stifel Nicolaus downgraded The Advisory Board Company (NASDAQ:ABCO) on Wednesday, February 24 to "Hold" rating. Adding Advisory Board's healthcare services strengthens the research capabilities of the Optum unit that already m...

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  • Worth Watching Stock Anadarko Petroleum Corporation (APC)
Worth Watching Stock Anadarko Petroleum Corporation (APC)

Mountain Lake Investment Management Llc increased Crossamerica Partners Lp (CAPL) stake by 5.74% reported in 2016Q4 SEC filing. Stock of Bioverativ Inc. Jefferies maintained the shares of KMB in report on Thursday, July 6 with "Hold" rating. Societe Generale downgraded it to "Hold" rating and $144 target in Friday, March 10 report.

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  • Colorado National Guard deploys life-saving assets to aid Hurricane Harvey victims
Colorado National Guard deploys life-saving assets to aid Hurricane Harvey victims

Hurricane Harvey made landfall in Corpus Christi late Friday, bringing fierce winds and heavy rain. Greg Abbott mobilized 900 members of the state's National Guard on August 25, but just two days later, the number had skyrocketed to 3,000, NBC News reports .

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  • Stifel Nicolaus Downgrades Rating On Vornado Realty Trust (VNO) To
Stifel Nicolaus Downgrades Rating On Vornado Realty Trust (VNO) To "Hold"

The firm has "Neutral" rating by Boenning & Scattergood given on Monday, October 3. Jefferies maintained the stock with "Hold" rating in Tuesday, September 13 report. Bancorpsouth holds 99,668 shares or 0.58% of its portfolio. Daiwa Securities Group Inc. boosted its position in shares of Vornado Realty Trust by 14.2% in the first quarter.

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  • Cummins Unveils First Electric Commercial Truck Concept
Cummins Unveils First Electric Commercial Truck Concept

According to reports, Tesla's truck will have a range between 200 and 300 miles. If the charging power is generated from 100 percent renewable sources , then the truck can be described as fully carbon neutral. "These new technological innovations build on our 100-year legacy of bringing the best solutions to our customers, driving their success an...

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  • Bird Group says keen to buy Air India's ground-handling unit
Bird Group says keen to buy Air India's ground-handling unit

Earlier, IndiGo said that it is interested in buying Air India's global operations. The company is headquartered in New Delhi , and does ground handling at major Indian airports. Aviation ministry officials believe this is one way to convince a prospective buyer to take over the bleeding carrier, which burns through Rs 200 crore a month and which ...

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  • Harvey leads to operational issues at ExxonMobi's Texas facilities
Harvey leads to operational issues at ExxonMobi's Texas facilities

In addition, the busy Houston Ship Channel is closed and 22 percent of the Gulf's offshore oil production is shut in. Shell's Dear Park refinery has a 340,000 barrels-a-day capacity. Flooding caused operational problems for the Baytown Complex, which in turn led ExxonMobil to begin the systematic shutdown of the facility in its entirety.

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  • Warning to anyone who's used CeX as two million customer details leak
Warning to anyone who's used CeX as two million customer details leak

In an email to those it believed may have been affected, CEX managing director, David Mullins, has attempted to calm anxious customers, saying that, 'We want to reiterate that any payment card information that has been taken was encrypted and has long since expired.

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  • Oil prices dip on refinery shutdown
Oil prices dip on refinery shutdown

United States gasoline prices rose to a more than two-year high of Dollars 1.84 per gallon early on Wednesday. "The information on the extent of damage caused to the infrastructure, oil and gas remains limited at present", noted the analysts of Goldman Sachs, while pointing out that " the problems are more significant on the side of the refinin...

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  • The Davis Rea LTD. Sells 1665 Shares of Exxon Mobil Corporation (XOM)
The Davis Rea LTD. Sells 1665 Shares of Exxon Mobil Corporation (XOM)

It has underperformed by 66.62% the S&P500. Scott & Selber Inc decreased Exxon Mobil (XOM) stake by 9.18% reported in 2016Q4 SEC filing. The Gofen & Glossberg Llc holds 604,457 shares with $54.56 million value, down from 610,201 last quarter.

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