WASHINGTON - Hundreds of thousands of owners of Volkswagen diesel cars that skirt emissions standards may have to wait a year or more to get their cars fixed, the head of the automaker's American unit said at a contentious House hearing on Thursday.
SAN FRANCISCO Lyft has partnered with Hertz Global Holdings Inc to offer rental cars to its drivers, the ride-hailing company said at a media event on Thursday.
Industrial giant Alcoa Inc. AA 0.64 % on Thursday reported sharply lower third-quarter profit as the metals company has been closing mines and cutting smelting capacity in response to lower aluminum prices brought on by a global glut.
Traders work on the floor of the New York Stock Exchange, Wednesday, Oct. 7, 2015. Reuters/Brendan McDermid. This story was updated at 4 p.m.
(New throughout, adds comments from Allianz, former colleague of Gross). By Jennifer Ablan and Jonathan Stempel. NEW YORK Oct 8 (Reuters) - Billionaire bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent ...