(Adds context on crisis, quotes, comments on FSOC). By Richard Valdmanis. CAMBRIDGE, Mass, July 10 (Reuters) - The Federal Reserve's new vice chair all but dismissed the idea of breaking up the largest U.S.
Marcus Lemonis, a local investor and star of CNBC reality show "The Profit," is near a deal to resurrect Crumbs gourmet cupcake stores, CNBC reported.
TRW Automotive Holdings Corp., the world's biggest car-safety equipment supplier, has received a preliminary takeover approach from Germany's ZF Friedrichshafen AG, in a bid to create the world's second-largest auto-parts supplier by sales.
The financial world has become obsessed with Cynk Technology Corp. (CYNK), a stock that sold for a few pennies for most of its existence before exploding more than 36,000 percent to give it a market value exceeding $6 billion.
The United Auto Workers said today it is forming a local union in Chattanooga to represent employees at the Volkswagen plant -- a move that marks the union latest step in its battle to represent automotive workers in the south.