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EPA expects preliminary VW defeat device software fix next week

Volkswagen AG is expected next week to provide U.S. and California regulators with a preliminary attempt at a software fix for the defeat devices it installed in 2012-2014 Passats, the U.S. Environmental Protection Agency said on Thursday.In an email response to a Reuters query, EPA said Volkswagen told regulators it would deliver the software to the agency and the California Air Resources Board in an attempt to “address and correct”

Chevron extends job cuts to global trading desks

Chevron Corp is cutting staff on its global energy trading desks this week, sources said on Thursday, making it the latest division to face reductions as part of a $3 billion cost-saving plan brought on by low crude oil prices. The Supply and Trading group, based in Houston, but with offices in Singapore, London and San Ramon, California, may be reduced by as much as 10 percent as part of

A look at Chicago's Tribune Tower as it goes up for sale

CHICAGO (AP) — A 36-story Chicago landmark, the Tribune Tower, is up for sale. Tribune Media Co. announced Thursday that it has hired real estate investment banking firm Eastdil Secured to explore a sale or find a partner to help redevelop the building, which is home to the Chicago Tribune. Tribune Media phrased the move as an exploration of “strategic monetization alternatives.” The building sits on 3 acres along Chicago’s

Is This The Most Shocking Chart In The History Of The Gold Market?

With the Dow surging and gold and silver consolidating recent gains, King World News is pleased to share a piece from one of the greats in the business discussing everything from the action in the major markets to the FOMC, plus a bonus Q&A that includes questions on the gold market. Also included are three remarkable illustrations, one of which may be the most shocking chart in the history of the gold market.