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Ford Motor told to pay Thai customers for transmission woes
BANGKOK (AP) — A Thai court has ordered Ford Motor Co. to pay 291 customers a total of about $720,000 in compensation for selling cars equipped with faulty transmissions.The Bangkok South Civil Court's decision was welcomed Friday as a victory in a country where consumers rarely win redress.
Most of the plaintiffs in the class action suit will get payments of $800 to $8,000 each depending on the number of times and length of time their cars took to be repaired. But 12 plaintiffs were denied compensation because their cars were modified before they were... Read More
UK media: May 'humiliated' after EU trashes her Brexit plan
LONDON (AP) — British Prime Minister Theresa May's Brexit blueprint is in tatters after it was rejected by the European Union at a summit the U.K. media branded a "humiliation."European Council President Donald Tusk said bluntly at a meeting in Salzburg, Austria, Thursday that parts of May's plan simply "will not work," while French President Emmanuel Macron called pro-Brexit U.K. politicians "liars."
A rattled May told reporters that Britain was prepared to walk away from the EU without a deal.
The rocky summit dashed British hopes of a breakthrough... Read More
German energy company: saving threatened forest 'illusion'
BERLIN (AP) — A German energy executive whose company plans to clear an ancient forest to expand a lignite strip mine says it's an "illusion" to think the woodland can be saved, and halting the project would cost his firm up to 5 billion euros ($5.9 billion).RWE wants to start cutting down half the Hambach forest in western Germany. Environmentalists want to prevent that.
Authorities suspended the eviction of protesters Wednesday after a journalist fell to his death from a rope bridge between two treehouses.
RWE chief executive Rolf Martin Schmitz told... Read More
Mueller probe gets info from ex-Trump lawyer Cohen
WASHINGTON (AP) — President Donald Trump's former personal lawyer says he is providing "critical information" as part special counsel Robert Mueller's investigation into Russian interference in the 2016 U.S. election and possible coordination between Russia and the Trump campaign.Michael Cohen, who pleaded guilty to campaign finance and other charges last month, said Thursday he is providing the information to prosecutors without a cooperation agreement.
Trump's longtime fixer-turned-foe could be a vital witness for prosecutors as they investigate whether Trump's... Read More
Asian stocks follow Wall Street higher
BEIJING (AP) — Asian stocks rose Friday after Wall Street hit a new high and a survey showed Japanese manufacturing accelerating.KEEPING SCORE: Tokyo's Nikkei 225 rose 0.5 percent to 23,793.35 and Hong Kong's Hang Seng added 0.9 percent to 27,712.47. The Shanghai Composite Index climbed 0.3 percent, erasing earlier losses, to 2,737.27 while Sydney's S&P-ASX 200 advanced 0.6 percent to 6,204.40. Seoul's Kospi was up 0.2 percent at 2,327.87 and benchmarks in Taiwan and Southeast Asia rose. New Zealand declined.
WALL STREET: The Dow Jones industrial average and... Read More
Top Stories in Business/Finance
- Ford Motor told to pay Thai customers for transmission woes
- UK media: May 'humiliated' after EU trashes her Brexit plan
- German energy company: saving threatened forest 'illusion'
- Mueller probe gets info from ex-Trump lawyer Cohen
- Head of Chinese energy agency snared in graft probe
- Asian stocks follow Wall Street higher
- Indonesia imposes moratorium on new palm oil plantations
- California makes people ask for straws, sodas with kid meals
- Will American Airlines bar customers from changing a ticket?
- AT&T fires back in bid to preserve its deal with Time Warner
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