In testimony before Congress, Michael Horn said it was “dead wrong to put corporate profits before people,” but blamed the emissions scandal on “individuals,” not the company.
Since the company’s emissions scandal was made public, its diesel-engined cars have dropped in value significantly.
Bank fees are increasing “like the sun rising in the East.”
Dorsey will also remain the chief executive and chair of Square. Adam Bain, Twitter’s head of global revenue and partnerships, will serve as the company’s president and chief operating officer.
The online lender is one of just six American startups to ever raise $1 billion in a single funding round.
The company will use the proceeds of a massive $325 million funding round to expand its business of making unsecured personal loans over the internet.
The company’s Chromebooks have already overtaken iPads as the most popular classroom device. But that gap now appears to have widened.
There’s possibility of a government shutdown has decreased in the short term, analysts say. But the longer-term outlook for economic fights in D.C. remains grim.
The Pope may lure the masses, but it’s the Chinese leader who can bring together the masters of the technology universe.
The next punishment for the German automaker’s allegedly fraudulent approach to emissions testing? Class action lawsuits.
The bank chief said his disease is “highly curable” and “my doctors’ and my own expectation is that it will be cured.”
America’s most influential investment bank is coming to a Campus Story near you.
The Federal Reserve has decided to keep interest rates at near-zero levels. The last time it hiked rates, Shakira’s “Hips Don’t Lie” was the number one song in the country.
At a breakfast event Wednesday, Lloyd Blankfein said he could understand the appeal of Donald Trump to many voters, even if many of his policies seem “wacky.”
About 20% of retirement savers aged 18-34 are putting away at least 15% into their plans, a group the fund giant describes as “Super Savers.”
Another skirmish in web media’s forever war.
The company said his departure is “related to the federal investigation associated with the Port Authority of New York and New Jersey.”
A precursor to the new game-friendly Apple TV expected next week?
Months before the company announced it would shutter its Chinese search site, U.S. government officials encouraged it to participate in the Expo 2010 fair in Shanghai.
The latest blow to investors’ confidence in China came from a survey of the country’s manufacturing.