Business

Germany expands diesel probe to include VW board chairman

Poetsch was VW's chief financial officer when the company's efforts to rig cars to cheat on USA diesel emissions tests became public in September 2015. Separately, Bild am Sonntag reported that a USA regulator had found software in some Audi vehicles that lowered their carbon dioxide emissions if it detected they were being used under test conditions.

Business

Voter intimidation arguments head to federal court

The lawyers for the pro-Trump defendants argued there is no evidence of voter intimidation and that OH law already prevents the type of harassment described in the complaint . A federal judge Friday warned Donald Trump's campaign and Republican operative Roger Stone against any "voter intimidation" activity in OH, the result of one of several cases brought by Democrats before Election Day.

Business

Fed holds off on rate hike ahead of election

The Fed said that the case for rate hike has "continued to strengthen" but that it had chose to wait for further evidence of progress toward its objectives. The group in lieu of a rate hike released a statement acknowledging economic improvements that aren't yet enough to generate a policy tightening.

Business

Iraqi troops begin assault deeper into Mosul neighborhoods

Iraq's Ministry of Displacement and Migration said Saturday that it had received 9,000 displaced Iraqis over the previous two days, while more than 29,000 have been displaced since the operation began. "They're criminals, let the dogs eat them", another officer said. The push began as dawn broke with artillery and mortar strikes on the Aden, Tahrir, and Quds districts, west of the special forces' footholds in the Gogjali and Karama neighborhoods, al-Timimi said.

Business

Myanmar allows diplomats, aid workers into violence-hit area

Reuters reported that "dozens of Rohingya Muslim women" had been raped or sexually assaulted by soldiers, based on interviews it conducted with victims and rights groups. "We are still not at peace, there is still armed conflict between various ethnic groups in our country", Suu Kyi told Japanese business leaders. "The Myanmar government is responding to the issue of Rakhine state based on the principles of the rule of law".

Business

S&P 500 falls for ninth straight session

The Dow Jones industrial average fell 42.39 points, or 0.24 per cent, to 17,888.28; the S&P 500 lost 3.48 points, or 0.17 per cent, to 2,085.18; and the Nasdaq Composite dropped 12.04 points, or 0.24 per cent, to 5,046.37. Still-low prices at the pump, low interest rates, steady overall job and wage gains, and sturdy home values are supportive, although the stock market's mixed performance over the past three months and election uncertainty may dampen consumer spending.