News Headlines - 22 September 2015

▽Volkswagen Said Focus of U.S. Criminal Probe on Emissions - Bloomberg Business

The U.S. Justice Department is investigating Volkswagen AG over its admission that it cheated on federal air pollution tests, according to two U.S. officials familiar with the inquiry.
That adds the specter of criminal proceedings to challenges the world’s biggest automaker already faces from regulators, lawmakers and vehicle owners in the three days since it admitted that it had rigged diesel vehicles to pass emissions tests in the lab.

▽Nepal adopts constitution born of bloodshed, compromise | Reuters

Nepal adopted its first democratic constitution on Sunday in a largely peaceful event, a historic step for a nation that has seen war, a palace massacre and devastating earthquakes since a campaign to create a modern state began more than 65 years ago.

▽French data regulator rejects Google’s right-to-be-forgotten appeal | The Guardian

Google’s appeal against the global enforcement of “right to be forgotten” removals has been rejected by the French data regulator.

▽Clinton's Tweet on High Drug Prices Sends Biotech Stocks Down - Bloomberg Business

The drug company CEO under fire for boosting the cost of a decades-old medicine by 50-fold defended the decision, calling the treatment a bargain at $750 a pill... Clinton’s comment on Twitter sent the 144-member Nasdaq Biotechnology Index down 4.7 percent to 3,556.58 at 1:08 p.m. in New York, the biggest intraday drop since Aug. 24. Health-care stocks were the worst-performing subgroup on the broader Nasdaq index.

▽30 years after Plaza Accord, nations' currency goals evolve | The Japan Times

Thirty years after the implementation of the dollar-weakening Plaza Accord, the purpose of joint currency interventions has shifted significantly as enormous global markets have become increasingly resistant to coordinated sovereign influences.