VW seeks cost-cutting deal by Friday

• Volkswagen (VLKAY) is pushing for a cost-cutting deal with workers at its core brand by tomorrow to help fund investment in electric and self-driving cars, but negotiations are proving difficult.
• The need for a turnaround plan at VW has been amplified by the billions of costs it is facing for its diesel emissions scandal but union leaders do not want workers to carry the can for what they see as the mistakes of managers.