Ferdinand Piech, the autocratic and highly successful chairman of Volkswagen, resigned suddenly on Saturday after he failed to engineer the dismissal of chief executive Martin Winterkorn. The group can now do two things – it can search for a chairman or it can select a new chief executive and allow Winterkorn to become chairman, as the group faces several challenges and might be considering a tie-up with Toyota.
In Glover Park Group's ninth-floor offices on F Street in Washington, the Stop Mega Comcast Coalition met weekly on Thursday afternoons. It was there, in the lobbying firm's conference room, that the 29-member coalition plotted against Philadelphia-based Comcast Corp.'s $45 billion acquisition of Time Warner Cable Inc.
Question: We are having trouble with our 2012 Chevy Sonic. The key gets stuck and won't come out of the ignition. And now, the key won't turn the other way so that we can start the car. Sometimes, just jiggling the steering wheel helps. While it was under warranty, it was repaired and a sensor was replaced.
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE. Xerox Corp., down $1.15 to $11.99. The copier company cut its earnings estimate for the full year amid sliding and more »