BUSINESS

Volkswagen passenger car global sales fell nearly 5 percent in February, with a sharp 13 percent drop in the U.S., as it continues to suffer the fallout from its emissions scandal.

A report says the company co-founded by the actress used ingredients like sodium lauryl sulfate in its detergent after pledging to avoid them.

Marissa Mayer made the comments even as activist shareholder Starboard Value pressured the company to appoint new directors.

Record high employment, strong local consumption and a weaker euro should continue to boost the economy, Germany’s economy ministry said.

European Central Bank President Mario Draghi unveiled a slew of growth-boosting measures like rate cuts and an extended asset-buying program.

Eight years after the financial crisis, Wall Street bonuses have yet to match the soaring peaks of 2006 and 2007 — and that's putting a squeeze on luxury retailers of brands like Rolls-Royce.

The railcars, to be assembled in the city, are set to be delivered by 2024 and a prototype is slated for a 2019 release.

The downsizing drive, originally slated to end this year, will result in the reduction of 3,300 to 3,800 positions.

Decliners early Friday included major names such as Panasonic, Bridgestone, Sony, Nissan Motor and Honda Motor.

But Michael Horn's departure should not disrupt Volkswagen's efforts to resolve its emissions scandal with U.S. regulators, sources told Reuters.

The nation may be eyeing the company’s F/A-18 Super Hornet as an alternative to Lockheed Martin’s F-35.

The company behind the Keystone XL proposal is reportedly eyeing Columbia Pipeline Group, which has a market value of about $8 billion.

Plans announced Thursday by European Central Bank boss Mario Draghi include lowering deposit rates paid by banks and beefing up asset purchases.

Meanwhile, in the battle of the breakfasts, Taco Bell launched its $1 Morning Value Menu.

As industry-wide employment and production decline, Kentucky’s coal lobby wants to end state safety inspections.

First the retailer stopped selling cigarettes in its stores. Now it's launching a five-year, $50 million campaign to help smokers quit.

After a 300-point swing, the Dow Jones Industrial Average ended the day almost where it started.

Use this calculator to see how your take-home pay will change if your candidate wins the presidential election.

The European Central Bank surprised financial markets Thursday morning by dropping its main refinancing rate to zero from 0.05 percent.

The two automakers are studying joint production and procurement for fuel cell components with the aim of lowering costs to parity with hybrids by 2025.

China will restrict loans for down payments on houses in a bid to cap a dangerous and dramatic increase in urban home prices.

The e-commerce company signed a deal Wednesday with Air Transport Services Group to lease 20 Boeing 767 planes.

Despite February's encouraging data, consumer inflation is expected to remain mild in coming months.

A rebound in the price of oil, a source of recent anxiety, also calmed investor nerves.

Carson Block remains bearish on the U.S. market.

Michael Horn, the head of the German automaker’s U.S. operations, is leaving amid “difficult times” for the company.

British industrial output grew in January following a sharp fall in December, helped by a stronger than expected upturn in manufacturing.

Facing the growing risk of a deflationary spiral, the central bank looks set to cut its deposit rate even further at its policy meeting Thursday.

The burrito chain confirmed Wednesday that an employee at a branch in suburban Boston has the highly contagious stomach bug.