France has launched a judicial investigation into German car giant Volkswagen for allegations of fraud relating to the emissions by its diesel cars, the latest legal action to be taken in the global Dieselgate scandal.   The proceedings were initiated on May 6, judicial sources said...

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Contractors with no experience in food distribution are looking for suppliers on Facebook while some food banks scramble to find desperately needed deliveries.   A food relief program championed by President Donald Trump and his daughter Ivanka is relying on some contractors who lack...

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On Dec. 6, former Volkswagen engineer Oliver Schmidt was led into a federal courtroom in Detroit in handcuffs and leg irons. He was wearing a blood-red jumpsuit, his head shaved, as it always is, and his deep-set eyes seemed to ask, “how did I get here?” As Schmidt’s wife tried to suppress...

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A jury panel in California has ordered the world's largest health-care company Johnson & Johnson to award USD417 million to a 62-year-old woman with ovarian cancer.   The ruling by the jury panel of Los Angeles county Superior Court came on Monday after it found the company was liable...

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The European Union Commission on Tuesday slapped technology giant Google with a record fine of 2.42 billion euros or USD 2.7 billion for breaching European Union (EU) antitrust rules by abusing the monopoly it enjoys over internet search.   Google has hinted that it may appeal against...

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New Delhi, Stock market major BSE on Wednesday said that all listed entities on its platform need to file their financial results in 'XBRL' mode, in addition to 'PDF' format.   XBRL is a data-rich language for transmitting information via the Internet. It was developed specifically to...

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Various media outlets are citing anonymous sources, which say that Federal Bureau of Investigation (FBI) and federal prosecutors have begun an investigation into the matter, which burst into public view this week with the announcement that Wells Fargo was paying $185 million in fines to...

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Japanese automaker Toyota Motor Corporation on Wednesday issued a global recall on 1.43 million of its top-selling hybrid Prius models and high-end Lexus CT200h hybrid sports hatchbacks due to a possible defect in the models' airbag inflator.   The Aichi-based automaker said the...

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Puffed up packaging is prompting a spate of class-action lawsuits from consumers questioning why there is empty space where their food or beverages should be. Here are seven products that have faced challenges from consumers who allege that there should not be less to eat or drink than meets...

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The overdose death toll from opioids, both prescription drugs and heroin, has almost quadrupled since 1999. In 2014 alone, 28,000 people died of opioid overdoses, more than half from prescription drugs. Just last month, public awareness of the opioid epidemic reached a new level when...

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A group of researchers at Harvard Medical School has found that medical industry payments to physicians in Massachusetts are associated with higher rates of prescribing brand-name drugs that treat high cholesterol.   The study's finding, published today in JAMA Internal Medicine, is...

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The FDA is reigning in some aspects of the marketing of e-cigarettes in its finalized rule issued today, which bans their sale to minors, requires health warnings in ads and on product packages, prohibits the distribution of free-samples and requires manufacturers to show that the products...

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