Markets
Don't walk out into Hurricane Dorian's eye, authorities warn
Ron DeSantis told reporters Saturday in Tallahassee. Just a few miles west or east makes the difference between devastation and a smaller amount of damage, according to the AP, citing meteorologists. But as it starts moving again , Dorian could have a larger impact on the Carolinas and less of one on Florida, the News & Observer reported Sunday. [Full Article...]
Volkswagen overstated fuel economy on 98K USA vehicles, will reimburse consumers
VW Group of America said on Friday it's reached a settlement with plaintiffs over a lawsuit that alleged VW knowingly overstated fuel economy in a selection of vehicles. The EPA says it investigated the gas vehicles after finding that VW cheated on diesel emissions in 2015. The software was on about 1 million vehicles, but 98,000 were found to have lower mileage. [Full Article...]
Two Kmart stores in central Pa. scheduled to close by December
The company closed a Toms River store earlier this year. Ripon Store Manager Erin Pucker was not fielding calls Saturday concerning the possible closure. However, Waupaca residents learned August 23 that their store will close in mid November. The list of Sears and Kmart stores closing is growing. "We encourage customers to continue shopping on Kmart.com for all their product needs", Caste... [Full Article...]
Google to pay out $150-200m over YouTube privacy claims
The advocacy coalition charged that YouTube violated the Children's Online Privacy Protection Act or COPPA by collecting data on users younger than 13 years old without first securing parental approval as the law requires. The service is far smaller than YouTube's primary audience of over 2 billion monthly visitors, and data show the main site is used by more children than the kids app. [Full Article...]
Real GDP expanded (second estimate) 2% in Q2 as expected
Brazil 's economy rebounded strongly in the second quarter after having shrunk in the first, official figures showed on Thursday, indicating that Latin America 's largest economy comfortably avoided falling back into recession. In a separate report Thursday, the Labor Department said the number of Americans filing claims for unemployment benefits, seen as a good proxy for layoffs, rose by 4,000 l... [Full Article...]
British Steel unit sold to France's Systra to save jobs - Official Receiver
The deal has no impact on the proposed sale of the remaining British Steel group, and exclusive talks are continuing with the preferred buyer Ataer Holdings. "We do not have sufficient people to deliver the pipeline we have got coming, so together we need to grow", he said. It has offices in Manchester, Birmingham, Reading and Bristol. [Full Article...]
PPI claim? Today is the deadline to submit a complaint
Explaining that consumers may face difficulties if they left the matter to the last minute, he suggested some potential problems people may face if they don't act fast. Another word of advice which Mr Lewis has issued, is to get written confirmation of the enquiry being submitted. At the major banks, the last time to submit claims online is 11.59pm on Thursday, or if you're going to do it by p... [Full Article...]
Gas prices down this Labor Day
The roads are not likely to be as full as Memorial Day and the July 4th weekend, but a Triple "A" Wisconsin spokesperson says there will be plenty of motorists this weekend. Sarah Rosser drove through Virginia on Interstate 81 on her way from SC to Pennsylvania. "There's been a little bit of traffic and construction along the way, but so far it has been good". [Full Article...]