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NYC Jury Hears Details of Modern Masters Forgery Scandal
2016-02-01 12:55:55| Apparel - Topix.net
In the latest chapter of a scandal that's jolted New York's art world, a federal jury is hearing about a Chinese immigrant who forged fakes of modern masters such as Jackson Pollock and Mark Rothko in his garage, a once-reputable Manhattan gallery that sold them and the wealthy buyers who paid millions for the knockoffs. "I got a fake painting for $8.3 million and they don't want to give my money back to me," Domenico De Sole, the chairman of the board at Sotheby's auction house and a former Gucci CEO, groused from the witness stand last week at a high-stakes civil trial that continues Monday.
Tags: details
modern
masters
nyc
EU plans new car tests after VW scandal
2016-01-27 14:50:10| BBC News | Business | UK Edition
The EU proposes wide ranging new rules to ensure car emission tests are carried out by independent testers not linked to the motor industry.
Bosch launches internal probe into emissions scandal
2016-01-27 11:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: German auto supplier Robert Bosch [ROBG.UL] said it had launched an internal probe to investigate whether any of its staff were involved in a scandal over the rigging of automotive emissions tests. Stuttgart-based Bosch, which released preliminary full-year earnings on Wednesday, makes a diesel engine management programme used by several top automakers including Volkswagen (VOWG_p.DE), which is under investigation by German prosecutors and U.S. authorities. Bosch is looking into its role in...
Tags: internal
bosch
probe
emissions
Volkswagen Undervalued: Sales Data Suggest Diesel Scandal Hasn't Hurt Sales
2016-01-25 17:12:27| Auto Dealers - Topix.net
I/we have no positions in any stocks mentioned, but may initiate a long position in VLKAY over the next 72 hours. I wrote this article myself, and it expresses my own opinions.
Former U.S. auto hub Flint reeling from tainted water scandal
2016-01-23 07:39:36| Automakers - Topix.net
For months, people in Flint, Michigan - a dying industrial town in the American heartland - drank water contaminated with lead. And the country ignored it.
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