The organization said it will open a local chapter to represent workers at Volkswagen's only U.S. plant, in Chattanooga Tennessee.
Federal Reserve Vice Chairman Stanley Fischer said a council of financial regulators established by the Dodd-Frank Act may need more authority to help guard against threats to the banking system.
A Lake Forest businessman and TV host is giving the Crumbs cupcake chain new life. CNBC star Marcus Lemonis told the New York Daily News that he plans to finance the company that ceased operations this week, shuttering all 65 locations in 12 states.
TRW Automotive Holdings of Livonia, Mich., confirmed that a company it didn't name has proposed acquiring TRW, biggest maker of auto safety components.
... * Bullion at March 19 high after worry of Europe contagion. * India leaving gold import duty at record high also helps market (Updates with session close in U.S.