Volkswagen to offer crash avoidance systems on most U.S. models BELMONT, Calif., July 29- Volkswagen AG, the world's No. 1 automaker, will offer automatic braking and other crash avoidance systems as standard or optional features on most 2016 models sold in the United States beginning later this year, the company said on Wednesday. VW overtook Toyota Motor Corp as the world's largest carmaker by sales in the first half year,...
Tech check in Silicon Valley Scott McNealy, Wayin co-founder, discusses how social media is using big data to grow, and weighs in on tech valuation and venture capital markets.
What does sudden CFO exit mean for BofA? The New York Times explores the environment at Bank of America that led to Thompson's departure and what lies ahead.
Source: The New York Times
| By: Julie Creswell and Michael Corkery
UPDATE 1-Ingersoll-Rand's profit forecast misses estimates July 28- Ingersoll-Rand Plc, the maker of Trane airconditioners and Thermo King refrigeration units, forecast a lower-than-expected current-quarter profit, citing slow growth in its industrial business. The Dublin, Ireland- based company said it expects third-quarter adjusted earnings of $1.15 to $1.19 per share. The company's net profit attributable to...
Why US may not help Puerto Rico Here's why Congress is unlikely to get involved in Puerto Rico's debt problems, says Stephen Myrow.
| By: Stephen A. Myrow, managing partner at Beacon Policy Advisors
UPDATE 2-VW overtakes Toyota as world's biggest carmaker MUNICH/ TOKYO, July 28- Volkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target. But staying on top will be a challenge for the German maker of the Golf and Polo, as deliveries are falling in China, destination of a third of its global sales, making it overly reliant on...
| By: Andreas Cremer and Minami Funakoshi
Volkswagen sold more vehicles than Toyota in first half Sales were robust in Europe and North America but fell in China, usually a strong market for the company. Detroit- based General Motors Corp., the top-selling automaker for more than seven decades until being surpassed by Toyota in 2008, finished third at 4.86 million, down 1.2 percent from a year ago. In the first half, Toyota's sales grew in U.S., Mexico and China.
Source: The Associated Press
The mountain retreat for tech's elite Silicon Valley's elite might live in exclusive Bay-Area communities, when they're looking to buy a second home, many turn to Lake Tahoe.
| By: Josh Lipton