“This was a couple of software engineers who put this in for whatever reason,” Michael Horn, VW's U.S. chief, told a House subcommittee hearing.
NEW YORK - Billionaire bond investor Bill Gross is suing 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.
Amazon.com Inc. added homemade jewelry, home decor and other tchotchkes made by artisans to its Web store, encroaching into a market where Etsy Inc. and EBay Inc. have taken the lead against the online retailer.
Netflix Inc said on Thursday it has increased the subscription rate for some new members by $1.00 a month to $9.99 in the United States, Canada and Latin America.
WASHINGTON The number of Americans filing new applications for jobless benefits fell more than expected to near a 42-year low last week, pointing to ongoing tightening in the labor market despite the recent slowdown in hiring.