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Volkswagen chairman Piech resigns after dispute over CEO

Saturday, April 25, 2015 10:51am

FILE - In this May 22, 2014 file photo Chairman of the board of Volkswagen AG Ferdinand Piech and his wife Ursula Piech, member of the board, attend a meeting of Audi in Ingolstadt, Germany. Piech and his wife will step back from their posts as Volkswagen announced on Saturday, April 25, 2015. (Armin Weigel/dpa via AP, File)FRANKFURT, Germany (AP) — Ferdinanc Piech, chairman of the board of Volkswagen AG and a major figure in the German auto industry, has stepped down after clashing with other board members over his criticism of the company's top management.

Off-Broadway play 'The Fantasticks' offered a lifeline

Saturday, April 25, 2015 10:50am

NEW YORK (AP) — The off-Broadway phenomenon "The Fantasticks" won't be closing next month after all — thanks to a pair of fantastic fans.

The Latest on the 2016 GOP field: Cruz vows to nix nuke deal

Saturday, April 25, 2015 10:49am

Presidential candidate Sen. Ted Cruz, R-Texas, speaks at the Republican Jewish Coalition spring leadership meeting Saturday, April 25, 2015, in Las Vegas. Prospective candidates Mike Pence and Rick Perry are also scheduled to speak to the influential Republican Jewish Coalition at political donor Sheldon Adelson's Venetian casino-hotel. (AP Photo/John Locher)10:45 a.m. PDT (1:45 a.m. EDT)

Nepal earthquake toll rises to 1,341: police

Saturday, April 25, 2015 10:46am

NEW DELHI (Reuters) - The death toll in Nepal from a severe earthquake on Saturday has risen to 1,341, a police spokesman said. Of the total, more than 630 were reported dead in the Kathmandu Valley and at least 300 more in the capital. (Reporting By Andrew MacAskill; Editing by Mike Collett-White)

Lower Saxony premier says VW Chairman's exit was 'unavoidable'

Saturday, April 25, 2015 10:44am

The premier of the German state of Lower Saxony, which owns 20 percent of Volkswagen , said the resignation of VW Chairman Ferdinand Piech announced on Saturday was necessary to create clarity about the carmaker's leadership. "I regret the resignation of Ferdinand Piech, but it was unavoidable in the end," Stephan Weil said in a statement. Deputy Chairman Berthold Huber, who is to take over from Piech until a permanent successor has been named, echoed his comments, saying an end had to be put to uncertainty among employees of Volkswagen caused by the leadership crisis that started earlier this month.