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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026
MPWLeadership

VW’s Compliance Chief Is Leaving the Board After Disagreements Over Responsibilities

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January 26, 2017, 9:25 AM ET

The compliance chief brought in to help Volkswagen recover from its emissions scandal is leaving the management board at the end of this month following differences of opinion over her role, the German carmaker said on Thursday.

Volkswagen (VW) said Christine Hohmann-Dennhardt, hired just over a year ago from rival Daimler, was leaving the board by mutual consent, confirming a report in the Handelsblatt newspaper.

She was leaving the board “due to differences in their understanding of responsibilities and future operating structures within the function she leads”, VW said in a statement, without being more specific.

VW agreed this month to pay $4.3 billion in U.S. civil and criminal fines, making it the largest ever U.S. criminal fine levied on an automaker, to settle charges it conspired for nearly 10 years to cheat on diesel emission tests.

Related: Elon Musk Says He’s Really Not Joking About Boring Tunnels

VW named Hiltrud Werner, head of group auditing, to take over Hohmann-Dennhardt’s post.

“Volkswagen will continue to press forward with changes to its way of thinking and working,” it said.

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