Volkswagen remains committed to Porsche merger Volkswagen pledged it would not turn its back on indebted ally Porsche SE even as it warned that there were sizeable obstacles to a merger deal. Read more on The Economic Times [Continue]

VW, Porsche merger still on Volkswagen is sticking with its planned merger with Porsche despite serious legal and tax hurdles, the German automaker said Thursday as it reported profits jumped to e3.2 billion ($4.46 billion) in the fourth quarter. Read more on Cape Argus [Continue]

Special Report: Warren Buffett’s China car deal could backfire By Ben Berkowitz, Kevin Krolicki and Lee Chyen Yee Read more on Reuters via Yahoo! Malaysia News [Continue]

TVA’s Kilgore says region’s economy turning around CHATTANOOGA, Tenn. (AP) — Tennessee Valley Authority President Tom Kilgore said the region’s economy is starting to turn around, based on the utility’s count of new jobs in fiscal 2010. Read more on The Daily Reflector [Continue]

Finance Panel Backs Revised School Construction Plan The Loudoun County School Board earned high marks for its agreement to cut more than $400 million from its five-year construction plan. Read more on Leesburg Today [Continue]