1+ hour, 59+ min ago   (147+ words) Struggling German auto giant Volkswagen says its supervisory board has approved a massive cost-cutting plan. The carmaker will now start discussions on how to proceed with around 100,000 job cuts and the closure of four factories in Germany. The automaker said…...

1+ week, 6+ day ago   (143+ words) Police say a man has stolen four foreign-made luxury watches worth about 200 million yen, or more than 1.2 million dollars, from a store in Tokyo's Nakano Ward. A security firm notified police of the theft shortly before noon on Tuesday. The…...

1+ mon, 4+ week ago   (131+ words) Workers at German auto giant Volkswagen have held protests as the struggling firm reportedly planned to reveal a massive restructuring. About 500 employees rallied on Thursday near Volkswagen's headquarters in Wolfsburg, northern Germany. Volkswagen says it faces a severe financial situation…...