imageStock Markets5 minutes ago (Sep 30, 2021 08:50AM ET)

(C) Reuters. FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019. Picture taken March 1, 2019. REUTERS/Fabian Bimmer/File Photo

FRANKFURT (Reuters) – Germany’s motor vehicle authority (KBA) has ordered a recall of about 200,000 Volkswagen (DE:VOWG_p) T6 multivans that were built between 2019 and 2021, it said on Thursday.

The KBA said that penetrating water at temperatures below freezing point could impair the door locking mechanism, making it appear as though the doors were is locked and creating a risk that they could open unexpectedly while driving.

KBA orders recall of 200,000 VW T6 multivans over door-locking mechanism

Hedge fund Elliott builds stake in Toshiba - FT

Hedge fund Elliott builds stake in Toshiba – FT
By Reuters – Sep 30, 2021

(Reuters) -Activist investor Elliott Management has built a stake in Japanese conglomerate Toshiba (OTC:TOSYY) Corp, the Financial Times reported on Thursday, citing people with…

Paychex Earnings, Revenue Beat in Q1

Paychex Earnings, Revenue Beat in Q1
By Investing.com – Sep 30, 2021

Investing.com – Paychex (NASDAQ:PAYX) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Paychex announced earnings…

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KBA orders recall of 200,000 VW T6 multivans over door-locking mechanism