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Legal & HR
Volkswagen finance chief Poetsch set to become new chairman
Volkswagen says its chief financial officer, Hans Dieter Poetsch, is set to become its new chairman — filling the position that longtime company patriarch Ferdinand...
Leon Gorman, longtime LL Bean leader, dies at 80
Leon Gorman, a grandson of L.L.
New York reaches deal with Cooper Union, plaintiffs
New York's attorney general announced an agreement Wednesday that would end a lawsuit against Cooper Union and create an independent monitor into the financial management of...
Shipyard, plaintiffs propose sex-discrimination settlement
Plaintiffs in a gender-discrimination lawsuit filed against a Virginia shipyard have asked a federal judge to give preliminary approval to a settlement.
North America's tallest peak shorter in new measurement
North America's tallest mountain just got a shorter name.
CEOs big news can cause ripple effects for company
Yahoo CEO Marissa Mayer is promising to be away from the job for just a "limited time" when she gives birth to twins later this year, but the development only adds to the...
Franchises want more time to pay Seattle $15 minimum wage
A lawyer for the International Franchise Association is arguing before a federal appeals panel that Seattle's new $15 minimum wage law unfairly treats one class of small...
Officials hope fiber will replace coal in eastern Kentucky
In the 1970s, as the oil crisis spurred an increase in mining, Victor Justice taught people in eastern Kentucky how to mine coal.
GOVERNMENT AND INSTITUTIONS
Boston mayor, city councilors seek hefty pay raises
Boston's mayor and City Council are looking for pay raises.
Tensions rise on Iron Range as steel talks near deadline
Tensions are rising on Minnesota's Iron Range as a deadline approaches in steelworkers' contract talks.
Twitter sets modest goals to diversity its workforce
Twitter is setting modest goals to diversify its workforce while it fights a proposed class-action lawsuit that says the online messaging service discriminates against its...
Ashley Madison CEO steps down in wake of hacking
The CEO of adultery website Ashley Madison is stepping down in the wake of the massive breach of the company's computer systems and outing of millions of its members.
US consumer spending up moderate 0.3 percent in July
U.S. consumers increased their spending by a moderate amount in July, while income growth was propelled by the largest jump in wages and salaries in eight months.
Asian stocks extend global rally on upbeat US growth data
Asian stocks rose Friday as upbeat U.S. economic data lifted investors' spirits following days of stomach-churning turbulence sparked by a heavy sell-off in China.
AFL-CIO urges boycott of Icahn casinos in Atlantic City
A major labor union on Thursday urged fellow union members to boycott Atlantic City casinos that are owned or about to be owned by billionaire Carl Icahn.
Egypt replaces EgyptAir chairman after heavy losses
Egypt's civil aviation minister says he is replacing EgyptAir's chairman in a bid to return the company to profitability, after it accumulated over a billion dollars in losses...
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