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VW boss 'to back' German inquiry

2015-09-21 21:35:37| BBC News | Business | UK Edition

Volkswagen boss Martin Winterkorn will "support" the German transport ministry's investigation in to Volkswagen's emissions scandal.

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The Coca-Cola Co hits back at US$3.3bn tax increase

2015-09-21 16:54:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co has said an order from US authorities to pay an extra US$3.3bn in taxes and interest is "without merit".

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RSA shares hold back FTSE 100 index

2015-09-21 10:10:57| BBC News | Business | UK Edition

Shares in the insurer RSA tumble more than 20%, holding back gains on London's leading shares index, the FTSE 100.

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Norfolk Southern to Cut Back Triple Crown Unit, Reduce Costs

2015-09-19 04:56:58| Railroads - Topix.net

Norfolk Southern Corp. announced it would restructure its truck/rail business known as Triple Crown Services, or TCS, and cut costs by moving to convert most of that unit's intermodal freight to container equipment. The move, which will cut about 200 jobs, will retain movement of auto parts in specialized truck equipment known as RoadRailers for service between Detroit and Kansas City.

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Coca-Cola: IRS says we owe $3.3 billion in back taxes

2015-09-18 20:18:39| Beverages - Topix.net

Coca-Cola was notified by the IRS that it owes $3.3 billion more in federal taxes, as well as interest, for 2007 to 2009, the company said Friday. The Atlanta-based company said in a regulatory filing that it believes the assessments are without merit and plans to pursue "all administrative and judicial remedies necessary to resolve the matter."

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