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  • Workers at Chrysler auto plants were walking off the job after a late-morning strike deadline passed. The United Auto Workers union has not officially announced a strike, but workers were starting to take strike assignments and picket signs.
  • Pulitzer Prize-winning business columnist Gretchen Morgenson talks about the subprime mortgage crisis and its effects on the markets and on the economy. Morgenson, an assistant business and financial editor for The New York Times, has covered the financial markets for The Times since 1998.
  • The United Auto Workers union reached an agreement with Chrysler on a new labor contract after a brief walkout by assembly-line workers Wednesday. The union will now try to reach a new agreement with Ford.
  • World Bank President Paul Wolfowitz agreed to leave his post next month, marking the first time in the bank's history that its president has had to resign. Wolfowitz, a former Bush administration official, had been under intense pressure to leave due to allegations that he arranged a promotion and generous pay raise for his girlfriend.
  • Commencement ceremonies were bittersweet this weekend on the campus of the Virginia Polytechnic Institute and State University.
  • Embattled World Bank President Paul Wolfowitz has resigned, in a move that will take effect in June. Until then, he is on administrative leave. Pressure on Wolfowitz to step down has grown since the release of a report on his handling of a 2005 pay raise for his girlfriend — also a bank employee.
  • President Bush named Robert Zoellick as the next president of the World Bank. Zoellick was President Bush's first Trade Representative and then the No. 2 official at the State Department. He will replace Paul Wolfowitz, who resigned two weeks ago after a bitter battle over charges of ethical lapses. Zoellick will have to heal a World Bank sharply divided over Wolfowitz's leadership.
  • President Bush says that he is glad the House has agreed to send him a funding bill for Iraq that does not set a timetable for troop withdrawal. The bill funds the war through September, when members of Congress are hoping to hear reports of political and military progress.
  • The Centers for Disease Control and Prevention have quarantined an airline passenger with a drug-resistant form of tuberculosis. The CDC is telling passengers to get checked but says the risk is low that they may become infected.
  • Ken Ham's $27 million Creation Museum project was built entirely with private money. Yet it was bound to attract skeptics and detractors. And protesters will be out in force Monday. What might people find objectionable about the exhibits?
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