Insight: Electric vehicle sales fall far short of Obama goal
DETROIT (Reuters) – Back in 2008, with gas prices averaging nearly $4 a gallon, President Barack Obama set a goal of getting one million plug-in electric vehicles on the roads by 2015.
VW may offer discounts to owners of cars with illicit software, DPA says
(This Oct. 25, 2015 story has been corrected to remove reference to a German media report in last paragraph)
Market tailspin hastens the economic shock it fears
LONDON (Reuters) – One of the biggest worries about this month’s sudden seizure in world markets is how puzzled investors have been left by it, and how many are just wishing it away as a temporary blip.
As leaders chill in Davos, emerging economies going downhill fast
DAVOS, Switzerland (Reuters) – More than a trillion dollars of investment flows has fled emerging markets over the past 18 months but the exodus may not even be halfway done, as once-booming economies appear trapped in a slow-bleeding cycle of weak gro…
Oil below $30 fans wipeout fears among U.S. shale survival artists
YORKTOWN, Texas (Reuters) – Across oil fields from Texas to North Dakota fears are growing that crude’s plunge below $30 a barrel is more than just another market milestone and marks a countdown to an endgame for many shale producers that so far have b…
Groups want U.S. to adopt strong broadband privacy rules
WASHINGTON (Reuters) – A coalition of U.S. groups on Wednesday urged the Federal Communications Commission to write sweeping privacy protections for the nation’s broadband users.
China’s slowing economy overshadows U.S. business lobby: survey
BEIJING (Reuters) – China’s economic slowdown is hitting profits at more foreign companies, a survey by an American business lobby showed, while the vast majority of respondents believed China’s growth in 2016 would fall short of the central bank’s for…
IBM forecasts weak earnings for 2016; shares slide
(Reuters) – International Business Machines Corp forecast weak earnings for this year after reporting an 8.5 percent fall in fourth-quarter revenue as a strong dollar and tepid IT spending weigh on Big Blue’s results.
Netflix global push grabs more customers than expected; shares jump
(Reuters) – Netflix Inc’s aggressive push into international markets won more customers than the video streaming service and its investors expected last quarter, sending its shares surging 7 percent.
CP’s Norfolk bid riles U.S. railroads, ups merger chances
CHICAGO (Reuters) – A legal protest by Canadian Pacific over a meeting among big U.S. railroads about mergers in their industry has highlighted maneuvering in the sector to cope with a rapid downturn and possible consolidation.
