Big Severance for Marissa Mayer if Ousted From Yahoo After a SaleYahoo’s chief executive, Marissa Mayer, will walk away with a $55 million severance package if the company’s auction of its Internet operations culminates in a sale that ousts her from her job.

The payout, which was disclosed in a regulatory filing on Friday with the Securities and Exchange Commission, would consist of cash, stock awards and other benefits if she is forced out within a year after a sale.
Barak Obama Puts His Weight Behind Smart-Gun TechnologyPresident Obama will use the power of his office to try to jump-start long-stalled “smart-gun” technology that could eventually allow only the owner of a firearm to use it, the White House announced Friday.

Over the opposition of gun rights groups, he also vowed to push ahead with a new federal policy giving the F.B.I. access to more mental health records of some Social Security recipients to better flag people who might be banned from buying a gun.
Putin is on the verge of realizing a decade-old dream: Russian oil priced in RussiaRussian President Vladimir Putin is on the verge of realizing a decade-old dream: Russian oil priced in Russia.

The nation’s largest commodity exchange, whose chairman is Putin ally Igor Sechin, is courting international oil traders to join its emerging futures market. The goal is to increase revenue from Urals crude by disconnecting the price-setting mechanism from the world’s most-used Brent oil benchmark. Another aim is to move away from quoting petroleum in U.S. dollars.
Indian business confidence declines again on deteriorating companies financeCountry's business confidence dropped for a second straight month during April on account of deteriorating financial positions of the corporates, says a report.

"Business sentiment for April showed that confidence fell for a second consecutive month, albeit marginally, as firms' financial position deteriorated," MNI India Business Sentiment Indicator report said.
Volkswagen not start digital mobility biz with Apple, Google: Matthias MuellerVolkswagen Chief Executive Matthias Mueller said the carmaker is in talks with external partners to start new digital mobility businesses but added these talks do not involve Apple or Google.

Speaking at a press conference to discuss full-year results in Wolfsburg on Thursday, Mueller said the company was looking for ways to expand its offering in the area of digital mobility services.
Volkswagen to pay top management 63.24 million euros in remuneration for 2015Volkswagen's said it plans to pay the 12 current and former members of its management board 63.24 million euros ($71.8 million) for 2015, a year when Europe's largest carmaker posted a record loss due to legal and compensation costs for cheating diesel emissions tests.

The company withheld part of bonus payments but will award them at a later date if certain performance criteria are fulfilled, including a recovery of the Volkswagen's share price.
Mitsubishi has named three former prosecutors to a panel that will investigate improper testingMitsubishi Motors Corp's President Tetsuro Aikawa, center, Executive Vice President Ryugo Nakao, left, and another executive bow as they leave a news conference to brief about issues of misconduct in fuel economy tests at the Land, Infrastructure, Transport and Tourism Ministry in Tokyo, Japan Reuters.

Mitsubishi has admitted to using false fuel methods dating back to 1991.