Gain in U.S. Core Consumer Prices Signals Inflation Picking Up

April 17, 2015 12:08 PM

54 0

Gain in U.S. Core Consumer Prices Signals Inflation Picking Up

Volkswagen AG Chairman Ferdinand Piech isn’t the chatty type, but the few words he utters in public have had the power to crush a career.

That run may have ended on Friday. After a weeklong standoff between Piech and Chief Executive Officer Martin Winterkorn, supervisory board leaders defied Piech to back Winterkorn, saying they will propose the CEO’s contract be extended past 2016.

Also read: UPDATE 1-Apple shows ambition to get into self-driving car race

Read more

To category page

Loading...