Tresiba is already being sold in 30 countries, and analysts expect annual sales of $2.4 billion by 2020, according to Thomson Reuters Cortellis.
As Matthias Mueller took the helm of the troubled German automaker, the country's transport minister announced that Volkswagen had manipulated test results for about 2.8 million vehicles in Germany, nearly six times as many as in the U.S.
Thousands of women have filed complaints with the FDA about the Essure device since it was approved in 2002.
As Volkswagen's diesel deception comes to light, critics say it's time to revamp auto emissions testing.
The world’s largest automaker does well in emerging markets and Europe, but it’s been struggling since 2012 in the U.S. The emissions-cheating scandal won't help.
John German, senior fellow at the ICCT, tells International Business Times he alerted the feds to the problem in 2014.
Following last week's damning revelations, the list of countries that have launched investigations into the carmaker’s malpractices has continued to grow.
Hillary Clinton has said she'd allow Americans to buy medicines from any country if they are cheaper there, and safe.
As customer anger mounts, Volkswagen’s past claims about its diesel vehicles could add to its legal woes.
In announcing a historic redlining settlement Thursday, government officials said more companies are under investigation for discriminatory lending.
Amid political fury over the high cost of prescription drugs, there’s one controversial solution that no candidate has proposed –- price controls.
Critics say lax regulations at the Environmental Protection Agency made it easier for Volkswagen to game the system.
Pricey medicines in the U.S. actually subsidize research and development for the rest of the world, where patients pay less for the same drugs.
The emissions-rigging scandal that led to the resignation of the automaker's CEO was based on software, not a device.
A flurry of top-level firings is likely at VW following the company’s admission it cheated on U.S. emissions tests.
Some carriers will even hand-deliver Apple's smartphone to customers.
The pharmaceutical company will provide 15 drugs at a cost of $1 per treatment, per month, in low-income countries.
The U.S. Environmental Protection Agency claims Volkswagen has been cheating on emissions testing by deploying software that could sense when the car was being tested and thus lower the car's emissions.
The company has been rocked by the news that up to 11 million cars worldwide may have been installed with software that covertly altered the results of emissions tests.
Costly changes in transportation and sanitation schedules and security measures offset financial benefits, making it tough to gauge the true cost.
The U.S. Justice Department has launched a criminal probe and at least 25 proposed class actions on behalf of consumers have already been filed in seven states.
The Chinese president said his country would lift restrictions on foreign investment, as Boeing announced plans for an aircraft finishing center in China, its first outside the U.S.
Martin Winterkorn, who was ranked the second-highest-paid chief executive in Europe prior to his resignation, may still receive pension payments worth millions.
Being accused of flouting environmental regulations and then lying about it isn't great for business, it turns out.
Just days before the Volkswagen scandal exploded, prosecutors in the U.S. announced a mandate to go after allegedly transgressive executives, as well as companies.
Other automakers besides Volkswagen Group have been accused of using faulty pollution controls to get around air-quality laws.
Jony Ive oversees all aspects of design at Apple, and with the company set to launch its own car, what does that mean for what it will look like?
College athletics administrators are cracking down on daily fantasy sports and gambling references, even though they've boosted their bottom line.
Pope Benedict rode in a Mercedes, but not long after Francis' election he criticized spending on fancy cars.
The retail giant says its million-plus workers don't want $15 an hour or 40-hour weeks. The truth is more complicated.