Industries

Auto Industry

Volkswagen to Sell $3.8B Suzuki Stake

Suzuki's troubled relationship with Volkswagen is coming to an end. VW is to sell its $3.8B stake in the company, wrapping up a four-year dispute over their failed partnership. Bloomberg's Craig Trudell reports on "First Up." (Source: Bloomberg)

Wall Street

Big Anti-Najib Protests Fail to Draw Large Ethnic Malay Crowd

Weekend rallies that saw tens of thousands of people in the Malaysian capital demand the resignation of Prime Minister Najib Razak failed to draw a large number of ethnic Malays, a sign that a funding scandal is yet to spur major dissent within the premier’s grassroots power base.

Energy

Politicians Miss Call as Canada Suspended Between Slump, Growth

With Canadians headed to the polls Oct. 19, the country’s economic downturn has unsurprisingly become campaign fodder for opposition leaders Tom Mulcair and Justin Trudeau, who claim the country has fallen into recession. Prime Minister Stephen Harper counters the economy is expanding nicely outside of the energy sector.

Real Estate

Oil Drops

It's bad for the exporters, great news for you

Stats

700

In December, drilling contractor Ensign Energy Services Inc. told California regulators that it planned to dismiss as many as 700 workers.

Health Care

U.S. Is Drafting Potential Sanctions Over China Cyber Hacking

The Obama administration is drafting an escalating series of actions, including economic sanctions and curbs on doing business in the U.S., to punish China and other nations that persist in hacking its corporate computer networks, according to two administration officials with knowledge of the planning.