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Volkswagen's new CEO promises a more ethical culture

Herbert Diess, President of the Volkswagen Limited, is in charge of the media before the Annual General Meeting in Berlin, Germany, on Thursday, May 3, 2018. (Michael Sohn / Associated Press) of Associated Press of ] Associated Press May 3 at 19:40 FRANKFURT, Germany – Volkswagen's new CEO Herbert Diess has promised to build a more ethical culture after the …

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Tesla, DowDuPont, Spotify and Xiaomi – 5 things you need to know

Here are five things you must know for Thursday, May 3: 1. – US stocks point quite high US. Share futures pointed to a higher start for Wall Street on Thursday, May 3, recovering after shares had fallen after Federal Reserve's hiccups on interest rates. Contracts related to Dow Jones Industrial Average increased by 50 points to the wider S …

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Teslas Elon Musk turns conference calls to sparring

Elon Musk wanted to talk about the future of Tesla Inc. TSLA 0.41% -self-driving cars, the nearest all-electric sports vehicle and opening a factory in China. What he did not seem to be keen to discuss with analysts on Wednesday's quarterly conference call was the business after the car manufacturer Silicon Valley burned about $ 1 billion in the first …

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Coalition Tells Commonwealth Bank Failure to Notify Customers for Breach of Data | Australia news

Christian Porter has lambasted the Commonwealth Bank (CBA) to not report to its customers a data violation where it lost backup tape with details of nearly 20 million accounts that last over 15 years. Although the event occurred in 2016, before new laws requiring mandatory reporting for serious crimes, the lawyer announced Sky News on Thursday that he and other …

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Australia's Commonwealth Bank states that revenue of almost 20 million accounts has been lost

SYDNEY (Reuters) – The Commonwealth Bank of Australia (CBA), the country's highest lender, confirmed Thursday, lost record of nearly 20 million accounts and decided not to inform its customers, a violation of the country's prime minister called "an extraordinary blunder ". A CBA bank logo is depicted in Sydney, Australia on May 3, 2018. REUTERS / Edgar Su The CBA …

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Euro bounces four-month low dollar bulls after the Fed meeting

LONDON (Reuters) – The euro rose by four-month downs on Thursday when the dollar's latest rally ceased after the Federal Reserve did little to change the market's expectations of further interest rate hikes this year. A picture illustration of euro banknotes on April 26, 2014. REUTERS / Dado Ruvic / Illustration / File Photo Expectations of faster than expected interest …

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In IPO, Xiaomi CEO Innovation explains at the Honest & Prices;

The following is an open letter from Xiaomi Corps founder and CEO Lei Jun, which is part of the company's original public offer documents submitted in Hong Kong on May 3. Thank you for your interest and support for Xiaomi. As you read this document, I hope not only to see a fast growing and flourishing business, but more importantly, …

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Men arrested in Philadelphia Starbucks Reach Settlements: The Two-Way: NPR

Rashon Nelson speaks as Donte Robinson looks at during an interview with the Associated Press last month in Philadelphia. Their arrests at a local Starbucks quickly became a viral video and galvanized people around the country who saw the event of today's racism. Jacqueline Larma / AP hide caption change caption Jacqueline Larma / AP Rashon Nelson talks when Donte …

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