Volkswagen says it could close plant in Germany for the first time ever
CBSN
Volkswagen says auto industry headwinds mean the German automaker can't rule out plant closings in its home country, while the company is also dropping a longstanding job protection pledge that would have barred layoffs through 2029.
"The European automotive industry is in a very demanding and serious situation," Oliver Blume, Volkswagen Group CEO, said in a statement Monday.
He cited new competitors entering the European markets, Germany's deteriorating position as a manufacturing location and the need to "act decisively."
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
Attorneys for Luigi Mangione asked a judge to stop federal prosecutors from seeking the death penalty against their client, saying the U.S. government "intends to kill Mr. Mangione as a political stunt."
Amid a tumultuous and controversial campaign of executive orders targeting major law firms, the Justice Department is now adding the American Bar Association to its target list, according to a memo obtained by CBS News.
A Japanese pilot slammed his Zero fighter plane into the USS Missouri and ignited a fireball on April 11, 1945, during the Battle of Okinawa. The suicide attack instantly killed the pilot, but none of the battleship's crew members were badly hurt.
The number of measles cases reported in the U.S. in a single week has topped 90 for the first time since a record wave in 2019, according to figures published Friday by the Centers for Disease Control and Prevention.
Consumer sentiment fell sharply in April, marking the fourth consecutive month of declines, as an intensifying trade war fueled anxiety over American jobs and rising inflation.
The 27th meeting of the roughly 50-country group coordinating aid for Ukraine gathered Friday at NATO headquarters without Defense Secretary Pete Hegseth in the room. He opted to participate virtually, marking the first in-person gathering without the presence of the U.S. defense secretary.
Public officials in 16 states and the District of Columbia sued the Trump administration Thursday to restore access to pandemic relief aid for schools, saying the Education Department's abrupt halt of hundreds of millions of dollars of promised funding will force cuts to vital services.
Washington — A federal judge extended a deadline for the Justice Department to share any steps it's taken or intends to take to return a Maryland man mistakenly deported to El Salvador.
The U.S. military removed the commander of a U.S. military base in Greenland on Thursday, a Space Force spokesperson confirmed, two weeks after Vice President JD Vance visited the installation amid President Trump's push to take over the Danish-controlled island.
For China, soaring U.S. tariffs are "a joke," as Chinese officials put it Friday, while sharply hiking levies on American imports. Investors aren't laughing.
Iran is seeking a "real and fair" agreement with the United States on its nuclear program, a senior aide to supreme leader Ayatollah Ali Khamenei said Friday, ahead of talks over the weekend.
The nation's top health agency will undertake a "massive testing and research effort" to determine the cause of autism, Health and Human Services Secretary Robert F. Kennedy Jr. announced Thursday.
Egg prices remain costly ahead of the Easter holiday. But that isn't stopping families from dyeing eggs this year, continuing an Easter tradition.