Volkswagen is inching closer to putting its “Dieselgate” scandal in the rearview mirror. The automaker has agreed to a $157 million settlement that will end lawsuits in 10 states, and it has been cleared to start selling diesels in the U.S. again. [More]
making progress
Volkswagen Reaches $157M ‘Dieselgate’ Settlement; Gets Approval To Sell Diesels Again
GM Says 70% Of Vehicles Recalled For Deadly Ignition Switch Defect Fixed
Six months after General Motors began coaxing consumers to fix their recalled vehicles with a social media campaign and the promise of $25 gift cards, the car manufacture says that about 70% of the 2.4 million vehicles recalled for a deadly ignition switch defect have been fixed. [More]
Deal Provides $480 Million In Debt Relief To Current & Former Corinthian Colleges Students
When student-loan servicing company Educational Credit Management Corporation revealed it would purchase 56 campuses belonging to embattled for-profit college chain Corinthian Colleges, regulators and consumer advocates began working to ensure that students affected by CCI’s collapse would be protected under the deal. Today, the Consumer Financial Protection Bureau and the U.S. Department of Education announced some students would receive the help they deserve in the way of $480 million in debt relief. [More]
Foxconn Finally Agrees To Improve Conditions For Apple Plant Workers By Cutting Hours
After a spate of controversial reports on the working conditions at Foxconn’s Chinese factories where many of Apple’s products are made, the two companies have announced a cut in hours that will benefit workers. An auditing company hired by Apple and Foxconn has been monitoring the process, and says things are on the way toward improving. [More]