Rupert Stadler, CEO of Audi somehow managed to keep his job after it emerged that Audi was involved in the development of illegal emissions software. However, a couple of weeks ago, Stadler’s home was raided by prosecutors in Munich who are investigating the scandal.
The United States and China have reached a deal on measures to reduce the trade deficit between the two countries. The two largest economies in the world said that they had arrived at a consensus on how to “substantially” reduce the deficit.
Trump’s executive order banning travel to the United States from a number of Muslim countries is in front of the Supreme Court. This time, the ban faces better prospects after it was rejected the first time by most federal courts around the country.
The US and the UK are warning of a massive cyber attack by Russian hackers. The two governments say that the Russians are trying to take control of routers inside government agencies and other critical infrastructure.