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Volkswagen at a Crossroads: Inside the Biggest Restructuring in the Company’s History
Volkswagen has weathered wars, scandals and the reinvention of the automobile itself. But the restructuring now being fought over in Wolfsburg is of a different order: plans that could ultimately mean up to 100,000 fewer jobs and the closure of German plants —…
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From Bailouts to Exit: Italy’s Long, Expensive Entanglement With Its Banks
When Italy’s government signals that it wants to sell its remaining stakes in the banking sector, it is closing the book on one of the most turbulent chapters in modern European finance. To understand why the Italian state ended up owning banks at…
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