US ends probe of Pence documents with no charges

WASHINGTON (Reuters) – The U.S. Department of Justice has closed its investigation into former Vice President Mike Pence without filing any charges related to classified documents found in his Indiana home, a department official said on Friday. The department notified Pence through a letter, the official added. Representatives for Pence, who served under former Republican…

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Exclusive-Stellantis, GM pay $363 million in US fuel economy penalties

By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis and General Motors paid a total of $363 million in civil penalties for failing to meet U.S. fuel economy requirements for prior model years, documents seen on Friday by Reuters show. The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and…

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Indian PM Modi invited to address joint meeting of US Congress on June 22

By Patricia Zengerle WASHINGTON (Reuters) -U.S. congressional leaders on Friday invited Indian Prime Minister Narendra Modi to address a joint meeting of the House of Representatives and Senate on June 22, one of the highest honors Washington affords to foreign dignitaries. “During your address, you will have the opportunity to share your vision for India’s…

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UBS CEO warns of painful jobs decisions after Credit Suisse takeover

By John Revill BERN (Reuters) -UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit Suisse, which he said he hoped would be formalised in coming days. “We won’t be able to create, short term, job opportunities for everybody. Synergies is part of the story,” Ermotti…

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US auto safety agency fails to meet internal timelines in defect probes -report

By David Shepardson WASHINGTON (Reuters) -The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found, hindering its ability to quickly respond to severe safety risks. The Transportation Department’s Office of Inspector General said that 26 of 27 National Highway Traffic…

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Renault customers to lodge criminal complaint in France over faulty engines

PARIS (Reuters) – Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint against the carmaker next week, the group’s lawyer said on Friday. “We are going to file a complaint on Monday on behalf of at least several dozen people,” Christophe Leguevaques told Reuters,…

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