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EPA officials tell House panel they cannot detail VW probe

Two senior officials from the Environmental Protection Agency told U.S. lawmakers on Wednesday that they cannot divulge new details about the agency’s probe of Volkswagen without jeopardizing their investigation. In written testimony submitted to a House oversight panel a day ahead of a Thursday hearing, the EPA officials also said that Volkswagen AG concealed information about its ploy to cheat on diesel emissions after higher emission levels were discovered. In

GE launches energy efficiency subsidiary

General Electric has reshuffled several energy management and research operations into a new subsidiary called “Current” aimed at new energy technologies, the company announced Wednesday. The new unit, which integrates lighting, solar, energy storage and electrical businesses, will work with clients to analyze energy use and provide suggestions on boosting efficiency. GE listed several large companies that have signed on with Current, including Walgreen, JPMorgan Chase, Simon Property Group and