VW to Offer Owners $1,000 in Gift Cards
Detroit — Volkswagen is offering $1,000 in gift cards and vouchers as a goodwill gesture to owners of small diesel-powered cars involved in an emissions cheating scandal. The offer announced Monday goes to owners of 482,000 cars in the U.S., many who are angry at the company because they paid extra for the cars to be environmentally sensitive without losing peppy acceleration. VW is working on a fix for the cars, which are equipped...
Comcast to Offer New, Low-Cost Streaming TV Service
Comcast, the nation’s largest cable company, is giving its customers the option to cut the cord. The company said Monday that it is beta-testing a video streaming service for its Xfinity Internet customers that will offer a pared-down package of TV channels, including HBO, for $15 a month. The pilot program, called Stream, is expected to launch later this summer in Boston, where Comcast customers enjoy some of the fastest Internet...
Monsanto Meets Rival’s Shareholders in Push for Buyout Talks
Monsanto Co., the world’s largest seed company, met this week with Syngenta shareholders in a bid to pressure the Swiss rival into negotiations after a $45 billion takeover offer was rejected. Chief Operating Officer Brett Begemann and Chief Technology Officer Robb Fraley met Monday and Tuesday in Europe to discuss the merits of the bid with Syngenta investors, many of whom also own Monsanto shares, said Scott Partridge, vice...
