The New York TimesBusiness
Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force
The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
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The New York TimesBusiness
The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
The GuardianBusiness
Record prices caused by global shortages amid shutdown of war-damaged refineries in Middle East and Russia Shell’s refineries are expected to make almost double the profit from every barrel of fuel produced owing to record prices caused by shortages around the world. In a market trading update on Wednesday, the energy…
CNBCBusiness
Airlines are trimming capacity as jet fuel prices keep climbing and travelers keep booking.
The New York TimesBusiness
Energy and technology companies’ earnings are expected to keep driving up stock indexes. But what’s driving up their profits are weighing on the economy.
The New York TimesBusiness
The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
CNBCBusiness
Mattel is facing pressure from a major investor to consider a sale amid struggling sales and profitability, according to various reports on Monday.
The GuardianWorld
For-profit water corporations, federal cuts and climate crisis are ‘supercharging water rate hikes’, study co-author says US households are paying 62% more for drinking water than they did a decade ago – outpacing inflation, grocery prices and household incomes, according to a new study. Food & Water Watch, a…
The New York TimesPolitics
Ken Paxton, the Texas attorney general and Republican Senate candidate, has alleged a sprawling profit-driven conspiracy. Pediatricians say the accusations are an attempt at intimidation.
The GuardianBusiness
German-owned supermarket beats Morrisons to become fifth largest grocer in Great Britain Business live – latest updates Lidl’s sales in Great Britain jumped 10% to more than £13bn this year, as shoppers sought out cheaper fresh meat, fruit and vegetables and snapped up its Deluxe range. Pre-tax profit at the…
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