Industry

Picture of Equifax to pay up to $700M in data breach settlement

Equifax to pay up to $700M in data breach settlement

FILE - This July 21, 2012, file photo shows signage at the corporate headquarters of Equifax Inc., in Atlanta. Equifax will pay up to $700 million to settle with the Federal Trade Commission and others over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people. The proposed settlement with the Consumer Financial Protection Bureau, if approved by the federal district court Northern District of Georgia, will provide up to $425 million in monetary relief to consumers, a $100 million civil money penalty, and other relief.

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Picture of From Nazis to hippies: end of the road for Volkswagen Beetle

From Nazis to hippies: end of the road for Volkswagen Beetle

FILE - In this April 27, 1966 file photo, Volkswagen workers drive their Beetle cars from the parking lot on their way home at the end of a days work at the world's largest single auto plant, the Volkswagen factory (seen in background) in Wolfsburg, Germany. Volkswagen is halting production of the last version of its Beetle model in July 2019 at its plant in Puebla, Mexico, the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938.

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Picture of Electric Jaguars to be made in UK despite Brexit uncertainty

Electric Jaguars to be made in UK despite Brexit uncertainty

FILE - In this file photo dated Wednesday, Sept. 28, 2016, a worker polishes a Jaguar logo on a car at a Jaguar dealer outlet in London. Jaguar Land Rover has announced Friday July 5, 2019, it will retool with new equipment at Castle Bromwich, in central England, to manufacture an all-electric version of the Jaguar XJ sedan car in the U.K..

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Picture of Production resumes at world’s biggest Nutella plant

Production resumes at world’s biggest Nutella plant

FILE - In this June 18 2010 file photo,a bartender spreads Nutella on a crepe in a creperie in Rome. French workers frustrated over salary negotiations are blocking the world's biggest Nutella factory. Tensions are mounting at the site in Villers-Ecalles in Normandy, where activists from the Workers' Force union have been blocking trucks from entering or leaving the factory for a week.

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Picture of Daimler CEO Zetsche hands over to successor amid tech change

Daimler CEO Zetsche hands over to successor amid tech change

Daimler CEO Dieter Zetsche, left, and incoming Daimler CEO Ola Kaellenius, right, pose prior to the annual shareholder meeting of the car manufacturer Daimler in Berlin, Germany, Wednesday, May 22, 2019.

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Panorama de la planta de General Motors en Lordstown, Ohio, donde se ensambla el Chevrolet Cruze, el 27 de noviembre de 2018. (AP Foto/John Minchillo, File)

GM restructuring: Production ending at Ohio plant this week

TOLEDO, Ohio (AP) — General Motors will end production this week at the first of five North American plants it wants to close by early next year as part of a companywide restructuring.

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Picture of Hundreds stranded as British airline Flybmi collapses

Hundreds stranded as British airline Flybmi collapses

A departure board showing the BMI flights cancelled following the collapse of the airline, at Bristol Airport in Bristol, England, Sunday, Feb. 17, 2019. Hundreds of passengers have been stranded by the abrupt collapse of the British regional airline Flybmi. The airline says it's filing for administration _ a British version of bankruptcy because of higher fuel costs and uncertainty caused by Britain's upcoming departure from the European Union.

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Picture of Too big to sell: Airbus bids pained adieu to superjumbo A380

Too big to sell: Airbus bids pained adieu to superjumbo A380

FILE- In this July 13, 2010, file photo Nadine Schumacher, center, works at the bar in the first class section on board Airbus A380 passenger plane of Emirates Airline during the International Air Show ILA at Schoenefeld airport in Berlin. European plane maker Airbus said Thursday, Feb. 14, 2019, that it will stop making its superjumbo A380 in 2021 for lack of customers, abandoning the world's biggest passenger jet and one of the aviation industry's most ambitious and most troubled endeavors.

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Picture of T-Mobile, Sprint execs defending merger to lawmakers

T-Mobile, Sprint execs defending merger to lawmakers

FILE - This April 30, 2018, file photo shows signage a T-Mobile store in New York. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service.

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Picture of Amazon has another ‘Prime’ holiday: Profit tops $3 billion

Amazon has another ‘Prime’ holiday: Profit tops $3 billion

In this Dec. 5, 2018, photo a box is scanned and weighed before at the Amazon fulfillment center on Staten Island borough of New York. Amazon reports financial results Thursday, Jan. 31, 2019.

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