Category: Business

Proportion
staffDecember 21, 2016

Volkswagen expected to be hit with another $1 billion fine over emissions devices

Volkswagen was handed its latest sizable settlement for rigging its cars to fake their way through emissions testing, with this ...

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staffDecember 18, 2016

Venezuela to delay currency revocation plan amid economic chaos

Venezuelan President Nicholas Maduro said in a national address Saturday the country would delay removing 100 bolivar bills from circulation ...

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staffDecember 12, 2016

South Korea receives 60 KEPD 350K missiles for deployment

Air-to-surface missiles capable of precision strikes against Kim Jong Un’s presidential palace are to be installed on South Korean fighter ...

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staffDecember 11, 2016

Iran signs contract to buy 80 Boeing planes

Iran Air said Sunday it had finalized a contract to buy 80 planes from US firm Boeing, the official IRNA ...

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staffDecember 9, 2016

U.S. State Dept. approves $3.5B Chinook sale to Saudi Arabia

The U.S. State Department has approved the possible sale of CH-47F Chinook helicopters to the government of Saudi Arabia. The ...

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staffDecember 9, 2016

Dutch company to buy 3M’s identity management business

Dutch digital security firm Gemalto NV will buy the identity management business of 3M Co. for $850 million, 3M announced. ...

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staffDecember 9, 2016

U.S. State Dept. approves TOW 2A RF missile sale to Morocco

The U.S. State Department has approved the possible sale of Raytheon-made TOW 2A Radio Frequency Missiles to the government of ...

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staffDecember 6, 2016

State Dept. approves F/A-18 midlife upgrade for Finland

The U.S. State Department has approved the proposed sale of F/A-18 Mid-Life Upgrade Program support, equipment, and training to Finland. ...

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staffDecember 2, 2016

U.S. unemployment rate falls to 4.6 percent, a 9-year low

The U.S. economy gained 178,000 non-farm jobs in November and the unemployment rate fell to 4.6 percent, the Bureau of ...

Proportion
staffDecember 2, 2016

Wells Fargo splits CEO, chair jobs in wake of scandal

Wells Fargo, rocked by a national scandal over its sales practices, changed its bylaws to split the CEO and chairman ...