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Volkswagen Executive Pleads Guilty in Diesel Emissions Case

DETROIT — A Volkswagen executive pleaded guilty on Friday to federal charges arising from a continuing investigation into the automaker’s diesel emissions scandal. The charges against the executive, Oliver Schmidt, stem from his role in Volkswagen’s decade-long scheme to rig diesel cars with devices that circumvented federal emissions tests. Mr. ...

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Senate Democrats Seek to Outdo Trump on Trade

WASHINGTON — Senate Democrats on Wednesday began an effort to outdo President Trump on a signature issue: protecting American workers from foreign competition. Democrats, outflanked by Mr. Trump in the 2016 presidential campaign, are seeking to recapture the loyalty of voters convinced that globalization is eroding their fortunes and prospects. ...

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Hot Spot for Tech Outsourcing: The United States

For years, American companies have been saving money by “offshoring” jobs — hiring people in India and other distant cubicle farms. Today, some of those jobs are being outsourced again — in the United States. Nexient, a software outsourcing company, reflects the evolving geography of technology work. It holds daily ...

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Spain’s Long Economic Nightmare Is Finally Over

MARTORELL, Spain — Inside a factory as cavernous as an airport terminal, half-built cars glide down the assembly line in a parade that never ends. Workers in coveralls sidle up on queue, attending to the meticulously timed tasks of turning steel into road-ready sedans. The bustling activity at the SEAT ...

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Europe’s Luxury Retailers May Be Returning to Form

LONDON — On London’s Bond Street, home to some of the most expensive retail space in the world, only one store needs to instigate crowd control, the luxury brand of the moment: the Italian fashion and accessories powerhouse Gucci. By midmorning on a wet and windy British midsummer day, burly ...

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Wells Fargo Forced Unwanted Auto Insurance on Borrowers

More than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need, and some of them are still paying for it, according to an internal report prepared for the bank’s executives. The expense of the unneeded insurance, which covered collision damage, ...

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