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  • Volkswagen's U.S. boss blames 'individuals' for cheating
    BERLIN/WASHINGTON (Reuters) - Volkswagen's rigging of diesel emissions tests was not a company decision but the result of actions by a small number of engineers, its top U.S. executive said on Thursday.
  • Bill Gross sues Pimco for $200 million over forced ouster
    NEW YORK (Reuters) - Famed bond investor Bill Gross sued his former employer Pacific Investment Management Co and its parent Allianz SE for $200 million, saying he was driven out of the bond fund giant he helped found by a greedy "cabal" of executives who wanted his huge bonus for themselves.
  • S&P rises slightly after Fed minutes released
    (Reuters) - The S&P 500 and Dow indexes gained slightly and Nasdaq pared losses on Thursday after the Federal Reserve released minutes from its September meeting at which the U.S. central bank decided against raising interest rates for now.
  • Fed awaiting evidence global chill not knocking U.S. off track: minutes
    WASHINGTON (Reuters) - The U.S. Federal Reserve thought the economy was close to warranting an interest rate hike in September but policymakers decided it was prudent to wait for evidence a global economic slowdown was not knocking America off course.
  • Dell looks at $50 billion EMC deal to boost corporate presence
    (Reuters) - Dell Inc [DI.UL] is in talks with banks to fund a more than $50 billion takeover of data storage company EMC Corp, sources familiar with the matter said, as the world's No.3 PC maker looks to beef up its cloud-based offerings for corporate customers.