VW could cut jobs to cover emissions scandal costs

The fallout in the Volkswagen emissions scandal has been a slow burner so far but now it appears the automaker may have to cut jobs in the US and Europe to counteract the fines it faces, the Guardian reports. In the US, for example, VW is being sued for up to $46 billion. The news comes as German prosecutors say they are now investigating 17 suspects within the company who they believe are connected to the emissions scandal.  

Takata restructuring?

From one car scandal to another now and news that troubled Takata Corp is making plans for a corporate restructuring as it faces an “an onslaught of recalls covering millions of vehicles with rupture-prone air bags the Japanese company supplied,” the Wall Street Journal writes. Takata has reportedly been working with specialist restructuring law firm Weil, Gotshal & Manges LLP for several months due to the costly recall of the airbags that have been linked to 10 deaths globally. 

Toyota’s blind vision

A bit of good news from the auto sector now with news that Toyota is working on wearable tech that will give blind and visually impaired people greater mobility. The device, which is still being developed, “is worn on the shoulders and uses cameras to recognise surroundings, such as signs, then directs the wearer with speakers and vibration motors,” the BBC reports.

Whole Food goes solar

The retail chain is set to install as many as 100 rooftop solar systems on nearly a quarter of its stores and distribution centers, The New York Times reports. Whole Foods will work with solar system providers NRG Energy and SolarCity. The NYT notes: “Solar energy is in keeping with the Whole Foods image but it will also save the company money, because the solar providers can offer electricity at prices below what the stores and centers would normally pay utilities.”

John Oliver sells out of Trump caps

Finally today, when HBO satirist John Oliver called on his viewers to poke fun of Donald Trump by purchasing a spoof cap (the type Trump likes to wear) emblazoned with the slogan #MakeDonaldDrumpfAgain, he couldn’t have imagined how successful the campaign would be. According to The New York Times, HBO has sold 35,000 of the joke hats in less than two weeks.

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