Chairman of VW steps down and turns over ownership to family

Ferdinand Piech, who overwhelmed Volkswagen (VW) for over two decades as CEO and executive before he surrendered in 2015, sold a noteworthy piece of his 14.7% stake in Porsche SE (PSHG_p.DE), which claims 52.2% of voting shares in VW, to Hans Michel Piech, the...

There may be a spike in interest rates

The Feds accounting report developed from about $1 trillion preceding the emergency to $4.5 trillion presently, as the national bank bought Treasuries and home loans to help the economy and keep financing costs low. The Feds did such quantitative facilitating even as it held...

Panera Bread may be for sale

Panera Bread Co. is investigating vital alternatives including a conceivable deal in the wake of accepting takeover premium, individuals with information of the matter said. The bread kitchen chain, which has a market estimation of approximately $6.5 billion, is working with counselors to concentrate...

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Dealing with the bridge dilemma in Atlanta

A week ago, Atlanta’s traffic was not as terrible as it could have been on account of schools were shut down and numerous families...