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Gloomy 2011 on the radar for Garmin

Garmin forecast a grim year ahead as it grapples with the relentless decline of its once popular personal navigation devices and looks for ways to make them more appealing to customers, who are favoring free navigation apps on their smartphones and tablets.
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Marchionne: next Chrysler CEO likely after 2015

Sergio Marchionne, the chief executive of both Chrysler and its controlling shareholder Fiat SpA , said he hoped to stay on through 2015 and would groom a successor from within the company's ranks.
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Planned layoffs surge in July: Challenger

The number of planned layoffs at U.S. firms rose to a 16-month high in July as sectors which had been seeing fairly few layoffs unexpectedly bled jobs, a report on Wednesday showed.

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