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Volkswagen board moves closer to Porsche merger

Volkswagen board moves closer to Porsche merger

German carmaker Volkswagen AG said Friday its supervisory board had approved certain agreement contracts for the planned merger with German sportscar builder Porsche, taking the companies one step closer to completing the deal. Read more »

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To lower interest rates, Citi customers must spend

To lower interest rates, Citi customers must spend

For Citibank credit card holders, there is one way to escape the bank's rate hikes currently under way: Meet a monthly spending requirement. Those who meet the spending minimum - in some cases $750 a month - will be able to get a rebate on their total interest charges for that month. Read more »

U.S. panel sets fees for big firms, aims to slow Fed

U.S. panel sets fees for big firms, aims to slow Fed

Taking aim at Wall Street and the U.S. central bank, an important House committee voted Thursday to assess fees on large financial firms to pay for the failure of their peers and to require a sweeping congressional audit of the secretive Federal Reserve. Read more »

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