Volkswagen set to plead guilty on Friday in emissions case

Volkswagen set to plead guilty on Friday in emissions case

Volkswagen AG is set to plead guilty on Friday to three felony counts in the Justice Department’s diesel emissions investigation, as the German automaker seeks to move past its cheating scandal. As part of a plea agreement with U.S. prosecutors...
read more
Asia stocks edge higher, dollar up before U.S. payrolls

Asia stocks edge higher, dollar up before U.S. payrolls

Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday ahead of the U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.1 percent,...
read more
U.S., China to step up cooperation on North Korea

U.S., China to step up cooperation on North Korea

U.S. President Barack Obama and Chinese Premier Li Keqiang agreed on Monday to step up cooperation in the United Nations Security Council and in law-enforcement channels after North Korea’s fifth nuclear test, the White House said. China and the United.....
read more
U.S. poverty rate falls to 13.5 percent as median income rises: Census

U.S. poverty rate falls to 13.5 percent as median income rises: Census

The median U.S. household income rose last year – the first annual increase since 2007 – helping to push down the number of people living in poverty to 43.1 million, federal government data released on Tuesday showed. About 29 million...
read more
U.S. bombers fly over South Korea in show of force after nuclear test

U.S. bombers fly over South Korea in show of force after nuclear test

Two U.S. B-1 bombers flew over South Korea on Tuesday in a show of force and solidarity with its ally after North Korea’s nuclear test last week, while a U.S. envoy called for a swift and strong response to Pyongyang...
read more