Bloomberg.com
Volkswagen AG has no plans to reduce production in China even amid slowing vehicle demand in the world’s largest auto market, the company said in response to a media report. “Volkswagen does not plan production cuts in China,” company spokesman Andreas Lampersbach said by e-mail after Germany’s Spiegel magazine reported that the carmaker was considering reductions, including cutting...

Bloomberg.com
Hillary Clinton sharpened her criticism against what she sees as Wall Street excess by targeting investors who demand short-term corporate measures like share buybacks and dividends to pump up a company’s stock price. “We need a new generation of committed, long-term investors to provide a counter-weight to the hit-and-run activists,” the Democratic presidential candidate said Friday in a speech...

Bloomberg.com
General Electric Co. booked $2.5 billion of orders from sub-Saharan Africa in the past 11 months, including oil and gas equipment for Eni SpA in Ghana and locomotives for Angola. That figure is $500 million more than the company targeted by 2018 during a U.S.-African leader summit last August, Jay Ireland, chief executive officer for GE Africa, said...

BBC News
Publishing company Pearson has confirmed plans to sell its 50% stake in the Economist Group. The statement from the firm came just days after it announced the sale of the Financial Times to Japan's Nikkei. Pearson said it was in discussions regarding the sale of the Economist but there was "no certainty that this process will lead to a...

BBC News
A new £3m fund has been set up to allow whisky connoisseurs in China to invest in some of Scotland's rarest drams. The fund, generated by members of the Single Malt Club China (SMCC), will be used to buy rare and valuable malts for the Chinese market. The initiative was announced by First Minister Nicola Sturgeon as she arrived...

Mashable
Amazon's efforts to put food on your table with AmazonFresh are apparently moving into yet another direction: drive-through shopping. The ecommerce giant is reportedly setting up a test location that will allow customers to pick up groceries in much the same way as you might buy a burger at a McDonald's drive-through location. In Amazon's latest consumer...

NBC News
A federal appeals court handed a Texas bank a small victory on Friday, ruling that it has legal standing to challenge the constitutionality of the U.S. Consumer Financial Protection Bureau and the appointment of the bureau's director. In a unanimous decision, the U.S. Court of Appeals for the District of Columbia Circuit found the State National...

Mashable
By 2020, approximately 40% of Americans will work as contractors, freelancers and temps. The shift has already begun, with a growing number of workers as concerned about flexible schedules as they are about healthcare benefits. And because many employers are on the road to dropping health coverage, freelancers must take the time to understand how to get traditional...

Mashable
Yik Yak started with colleges, but CEO Tyler Droll has his sights set on creating a product every bit as compelling as Facebook. The anonymous messaging app, created by Furman University graduates Droll and Brooks Buffington in 2013, is now used by millions of students on more than 1,600 college campuses from Ireland to New Zealand. Users post text...

Mashable
Just before 8:00 A.M. in Anaheim, California, hundreds of teens are lined up, waiting. The teens are here, earlier than any teen should be up, to see Tyler Oakley, a YouTube star who has become one of the most recognizable faces of the digital video world. He has around 7.2 million YouTube subscribers, a 19-city international tour and a...

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