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Corvette evangelist, aerobatic pilot Betty Skelton dies at 85

Betty Skelton, former acrobatic airplane pilot, Chevrolet Corvette test driver and daredevil speed racer, died at the age of 85 on Aug. 31. Skelton established a concrete precedent for women's roles in aviation, aerobatic performance and auto racing.

Fuji Heavy Industries celebrates 60th birthday

Fuji Heavy Industries, the corporate parent of Subaru, celebrated its 60th birthday a few days ago. The storied multinational company makes everything from wind turbines to airplane parts, and conducts business in more than a hundred countries. Even though the origins of the company date back to 1917, the Fuji Heavy Industries we know today was formed in 1953.

Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.