Rotherham rally to claim point

Volkswagen Chairman Piech resigns amid leadership crisis

Volkswagen’s (VOWG_p.DE) supervisory board Chairman Ferdinand Piech unexpectedly resigned on Saturday in the wake of a leadership crisis he kicked off earlier this month by saying he had “distanced” himself from Chief Executive Martin Winterkorn. Volkswagen said in a statement that Piech had resigned from his position as Chairman as well as member of the supervisory board and any other mandates within the Volkswagen group with immediate effect. Deputy Chairman

Deutsche faces tough task paring back retail, investment banking

Deutsche Bank (DBKGn.DE) faces a long and costly battle, analysts say, to sell Postbank (DPBGn.DE) and pare investment banking, the new strategic goals it outlined late on Friday. Deutsche will face an especially difficult challenge in selling off Postbank without having to post losses. “We’re worried about jobs at Postbank,” Carsten Schneider, finance expert and deputy SPD parliamentary floor leader, told Reuters. Postbank could fetch close to 3.6 billion euros

Angels, Rangers talk about reports of Josh Hamilton trade (Yahoo Sports)

Reports that troubled Los Angeles Angels outfielder Josh Hamilton might be traded to the Texas Rangers dominated the chatter before the game between the teams Friday night. When asked about the reports from media outlets that the move could happen in the next few days, Angels manager Mike Scioscia said he has had no discussions that Hamilton’s status had changed. He said Tuesday that the left fielder was expected to