Reuters - The former CEO of Japan's Olympus Corp, Michael Woodford, said on Friday he is dropping his bid to retake control of the troubled company.

AP - Chrysler says it will add 1,250 jobs at two Detroit factories next year.

AP - General Motors is advising Volt owners to return their electric cars to dealers for repairs that will lower the risk of battery fires.

AP - One in eight people earning at least $1 million annually were audited by the Internal Revenue Service last year, making them far likelier to be examined than those making below $200,000, according to IRS data released Thursday.