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Porsche Takeover of VW Done But For The Law - BusinessWeek
Porsche AG took step closer to controlling the much larger Volkswagen AG by upping its share holdings to 50.8% in late Monday trading. But actual formal control of management still eludes the company. Porsche plans to raise its stake in VW to more ...
Read more...Dollar slides on bleak corporate outlooks as markets anticipate rate ... - Minneapolis Star Tribune
NEW YORK - The dollar slid against the euro, the pound and the yen Wednesday as U.S. companies gave bleak profit outlooks and markets anticipated rate cuts in Europe. The 16-nation currency rose as high as $1.3747 before drifting back to $1.3658 ...
Read more...World markets hit by US unemployment fears - Charleston Gazette
LONDON (AP) -- Most world stock markets fell sharply Wednesday, undercut by fresh worries about the U.S. labor market following a grim jobs survey and aluminum producer Alcoa's announcement that it will slash jobs. The FTSE 100 index of leading ...
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