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Hungary Blinks as Migrants Flee

Hungary said Friday it would provide buses to take migrants to the Austrian border after a stream of people who have been stranded in the country for days set out for the border on foot. Austria and Germany agreed to allow in the refugees. 243

London Jewel Thieves Plead Guilty in Easter Heist

Four men pleaded guilty on Friday to conspiracy for a jewel heist in London’s Hatton Garden diamond district over the Easter weekend.

U.S. Veterans Who Fight ISIS

A former Army Ranger and a decorated Marine are among U.S. veterans volunteering to join Kurdish fighters against Islamic State in Syria. 66

Clashes in Tajikistan Leave 17 Dead

An outbreak of violence in Tajikistan left 17 people dead on Friday, raising fears of a return to unrest in a Central Asian nation still scarred by civil war.

Google Pursuing a Return to China

Google is in talks with the Chinese government and handset makers about launching a new Android app store there, a move that would mark the company’s return to China.

Blurry Job Picture Poses Test for Fed

U.S. employment growth slowed in August but the jobless rate fell to the lowest level since 2008, a mixed labor-market reading less than two weeks before a crucial Federal Reserve meeting. 232

Judge Orders Credit Suisse to Pay Highland $287.5M in Suit Over Loan

A judge on Friday said Credit Suisse must pay a unit of Highland Capital Management $287.5 million over a soured real-estate loan, a win for James Dondero’s hedge-fund firm in its multipronged fight against the Swiss bank over luxury developments.

Putin Pitches for Foreign Investment in Russia’s Far East

Russian President Vladimir Putin has made a pitch for greater investment in his country’s resource-rich Far East region, despite a slowdown in the Chinese economy that has shaken global markets.

G-20 Increasingly Concerned About Slowing Chinese Economy

China’s market routs and a string of weak data are fueling concern among Group of 20 officials that a slowing Chinese economy could fuel further market instability and push global growth deeper into a long-term rut.

Scandals Upend Guatemala’s Presidential Election

Guatemalans go to polls Sunday to vote for a new president amid a wave of popular anger over politics as usual, days after the resignation of President Otto Pérez Molina amid a corruption scandal.

From Piles of Trash Sprout Demands for Change in Lebanon

Protests demanding political reform bridge country’s longtime political, religious and ethnic divides.

Public Pension Funds Roll Back Return Targets

The cuts to their lowest levels since the 1980s portend greater hardships for employees and cash-strapped governments as Americans age. 96

Weekend Investor

No Emerging Markets in Your Portfolio? Look Again

Some foreign-stock mutual funds have 30% or 40% of assets in developing nations.

U.K. Regulator Warns Commodity Firms About Market Abuse

The U.K.’s financial regulator said firms that trade commodities have learned little from recent high-profile cases of market abuse and are failing to adequately monitor the risks of such abuse.

Heard on the Street

This Plastics IPO Is Timed Right – For the Seller

Bayer’s material science division, now called Covestro, had a strong first-half ahead of a planned initial public offering. That looks hard to keep up.

Brussels Beat

EU Displaces U.S. as Top Antitrust Cop

The European Union’s antitrust activism has put it in prime position to shape the Internet and is encouraging some U.S. technology executives to focus on Brussels.

Daimler, Renault Reboot Tiny Car

Daimler is taking another crack at the U.S. market for ultra-compacts with a retooled version of its ForTwo Smart car built through a collaboration that could become a benchmark for other auto makers. 70

Volkswagen CFO Nominated as Board Chairman

The largest shareholder of Europe’s biggest auto maker nominated the company’s CFO to become the next chairman of VW’s supervisory board.

BASF, Gazprom Renew Abandoned Asset-Swap Plan

Germany’s BASF and Russia’s Gazprom will complete an asset-swap deal signed in 2013 but called off last year amid tension between Russia and the West.

GVC Wins Race to Acquire Bwin.party

Sports-betting and online-gambling operator GVC Holdings PLC said it had clinched a deal to buy Bwin.party Digital Entertainment PLC after beating an offer from online-gambling peer 888 Holdings PLC.

Fashion

How Fashion Experts Shop the High Street

Despite the crowds, the lines and the overpacked rails, there are real gems to be found in mainstream stores—you just need to know how to find them.

Will Lyons on Wine

What’s the Point of Scoring Wines?

A wine’s taste and character change almost daily, and taste is subjective—so is giving them marks a pointless exercise?

Theater

Michael Grandage: A Director’s DNA

With ‘Photograph 51’ at London’s Noël Coward Theatre, the acclaimed director coaxes Nicole Kidman back onstage for an exploration of the passion and poetry of science.

Going Native in NYC: 8 Things to Do as an Expat in the Big Apple

You’re relocating to the Center of the Universe, a.k.a. the Capital of the World, a.k.a. the City That Never Sleeps. So what do you do to embrace New York?

Video

Migrants Vow to March From Hungary to Austria

1:24

Migrants Refuse to Go to Refugee Camp in Hungary

1:59

Father of Aylan Kurdi Speaks at Funeral

0:58

Mind and Matter

The Power of Brains to Keep Growing

Not long ago, scientists thought that after infancy, our brains never added any neurons. Patricia Churchland on how brains keep growing

Film Review

‘La Jaula de Oro (The Golden Dream)’ Review: Dark Immigrant Odyssey

In Diego Quemada-Diez’s celebrated directorial debut, a trio of teenagers flee from Guatemala and make their way through a treacherous Mexico, where police and gangsters prey on vulnerable travelers.

WSJ Blogs

Real-time commentary and analysis from The Wall Street Journal
Die Seite Drei
Schnelle Analysen und Beobachtungen zum Zeitgeschehen

Die Passion Ferdinand Piëch

VW-Patriarch Ferdinand Piëch ist zweifelsohne trotz seines mittlerweile stattlichen Alters von 75 Lenzen einiges gewohnt. Ganz und gar nicht altersmüde ist der Porsche Enkel – stattdessen zieht er nach wie vor fleißig von Salzburg aus die Strippen bei Europas größtem Autobauer Volkswagen. Was dieser Tage alles um seine Person los ist, dürfte allerdings selbst den umtriebigen Österreicher überraschen.

dapd
VW-Patriarch Ferdinand Piëch freut sich über eine rundum gelungene Woche. Foto: Nigel Treblin/dapd

Zuerst bekam er am Montag für sein Lebenswerk das Goldene Ehrenlenkrad von Bild am Sonntag und Auto Bild überreicht. Die Begründung der Jury: Piëch habe in den Jahrzehnten seiner Tätigkeit im Volkswagen-Konzern wegweisende Entscheidungen getroffen, die VW zu einem der weltweit erfolgreichsten Automobilkonzerne gemacht hätten. Diese herausragende Leistung solle gewürdigt werden. Damit reiht sich Piëch in eine illustre Reihe ganz großer Auto-Manager ein – unter ihnen unter anderem Henry Ford.

Künstlerisches Denkmal für den VW-Patriarchen

Doch damit nicht genug; es kam noch besser für Piëch, der als einer der einflussreichster Manager der Republik gilt: Der Radiosender SWR2 widmet ihm ein eigenes Dokumentar-Passionsspiel mit dem Titel “Pietà Piëch”. Uraufgeführt werden soll das künstlerische Denkmal am Freitag bei den ARD-Hörspieltagen im Karlsruher Zentrum für Kunst und Medientechnologie. Im Südwestrundfunk zu hören sein wird es dann am 27. Januar.

Autor von “Pietà Piëch” ist der Kulturjournalist Walter Filz, der sich bisher mit Radiostücken wie “Der Affe zu Köln”, “Kein Requiem für Captain Kirk” und “Plopp oder Das Geräusch der Nähe” einen Namen machte. Filz greift bei seinem Hörstück auf O-Ton-Montagen von Auftritten Piëchs, überlieferte Anekdoten sowie Erinnerungen aus der Biografie zurück. Zu den Mitwirkenden zählen unter anderem die Schauspieler Jürg Löw, Gregor Höppner und Nadja Schulz-Berlinghoff.

Glaubenssätze von oben herab

Filz ist nach eigenem Bekunden von der Person Piëch fasziniert. “An Piëch interessiert mich die Kontinuität seiner Macht – und deren rätselhaftes Geheimnis. Kein Spitzenmanager in Deutschland ist so lange ganz oben geblieben. Immer wieder drohte er zu straucheln, aber gefallen ist er nie. Nicht über die Affäre Lopez, nicht über den VW-Korruptionsskandal und schon gar nicht über seine Verwandtschaft bei Porsche”, sagte er der Braunschweiger Zeitung. Er vergleicht ihn mit einem Religionsführer: “Glaubenssätze werden von oben herab verkündet – ob von einem Moses oder einem Mohammed oder eben einem Piëch”.

In sieben Stationen erzählt Filz laut dem SWR den Lebens- und Leidensweg von Piëch – von der Erblast der Nazi-Zeit über die Sexreisen-Affäre um Peter Hartz bis zum Übernahmekrieg mit Porsche. Der Autor selbst vergleicht übrigens Piëchs Biografie mit der traditionellen Darstellung Jesu als Schmerzensmann: “verletzt und stumm das Leid ertragend, aber mit Blessuren wieder auferstanden” Keine Angst, Filz beruhigt: “Natürlich wird Piëch am Ende nicht gekreuzigt”. Dann ist es ja eine rundum erfolgreiche Woche für den Patriarchen.

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The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search
IMAGE 1 of 16

Hungary Blinks as Migrants Flee

Hungary said Friday it would provide buses to take migrants to the Austrian border after a stream of people who have been stranded in the country for days set out for the border on foot. Austria and Germany agreed to allow in the refugees. 243

London Jewel Thieves Plead Guilty in Easter Heist

Four men pleaded guilty on Friday to conspiracy for a jewel heist in London’s Hatton Garden diamond district over the Easter weekend.

U.S. Veterans Who Fight ISIS

A former Army Ranger and a decorated Marine are among U.S. veterans volunteering to join Kurdish fighters against Islamic State in Syria. 66

Clashes in Tajikistan Leave 17 Dead

An outbreak of violence in Tajikistan left 17 people dead on Friday, raising fears of a return to unrest in a Central Asian nation still scarred by civil war.

Google Pursuing a Return to China

Google is in talks with the Chinese government and handset makers about launching a new Android app store there, a move that would mark the company’s return to China.

Blurry Job Picture Poses Test for Fed

U.S. employment growth slowed in August but the jobless rate fell to the lowest level since 2008, a mixed labor-market reading less than two weeks before a crucial Federal Reserve meeting. 232

Judge Orders Credit Suisse to Pay Highland $287.5M in Suit Over Loan

A judge on Friday said Credit Suisse must pay a unit of Highland Capital Management $287.5 million over a soured real-estate loan, a win for James Dondero’s hedge-fund firm in its multipronged fight against the Swiss bank over luxury developments.

Putin Pitches for Foreign Investment in Russia’s Far East

Russian President Vladimir Putin has made a pitch for greater investment in his country’s resource-rich Far East region, despite a slowdown in the Chinese economy that has shaken global markets.

G-20 Increasingly Concerned About Slowing Chinese Economy

China’s market routs and a string of weak data are fueling concern among Group of 20 officials that a slowing Chinese economy could fuel further market instability and push global growth deeper into a long-term rut.