Michael Biesecker and Matthew Daly, Associated Press | Posted Oct 8th - 1:42pm
Volkswagen's top U.S. executive offered deep apologies yet sought to distance himself Thursday from the emissions scandal enveloping the world's largest automaker. He asserted that he and other top corporate officials had no knowledge of the cheating software installed in 11 million diesel cars.
Ken Sweet, Associated Press | Posted Oct 8th - 1:21pm
Stocks moved higher Thursday after minutes from the Federal Reserve's latest meeting suggested policymakers were surprisingly unified in their vote against raising interest rates. The market is continuing a weeklong advance.
The world's top brewer Anheuser-Busch InBev is continuing its courtship of SABMiller shareholders for its 68 billion pounds ($104 billion) takeover bid despite a triple rejection by the board of the No. 2 beer company.
Ken Sweet, Associated Press | Posted Oct 8th - 12:22pm
Billionaire bond investor Bill Gross has sued his former employer, Pimco, for more than $200 million for breach of contract and plotting to oust him from the firm he founded more than four decades ago.
Netflix is raising the price of its Internet video service by $1 in the U.S. and several other countries to help cover its escalating costs for shows such as "House of Cards" and other original programming.
David Klepper, Associated Press | Posted Oct 8th - 1:12pm
New York's plan to give fast-food workers a $15 minimum wage is spurring similar efforts in states around the country — even as Gov. Andrew Cuomo's push to enact an across-the-board $15 wage faces vocal opposition at home.
David Sharp, Associated Press | Posted Oct 8th - 1:02pm
A Canadian railroad has withdrawn its objection to a $338 million settlement fund for victims of a fiery train derailment that claimed 47 lives in Quebec, removing the final obstacle to the fund's approval.
Kristen Wyatt, Associated Press | Posted Oct 8th - 1:01pm
Colorado's biggest nonprofit health insurer faces an uncertain future, and its 80,000 or so customers don't know whether their insurer will be able to offer new polices when next year's enrollment period begins soon.