Porsche holding company warns of writedown in Volkswagen stake of up to €20bn

Management and unions at carmaker will hold a fifth round of talks on Monday over planned factory closures and job cuts

Topics

Why Microsoft’s New AI May Speed Up Your Company’s Use of New Technology

Leading AI models use a lot of unwieldy code and computing power, but the new Phi 4 model is small enough that companies could run it on their own systems.
Inc. - 8h
Meta and Amazon donations of $1 million to Trump’s inauguration follow a history of companies cozying up to incoming presidents

As President-elect Donald Trump prepares for his second term, major U.S. companies are starting to make donations to support his inaugural events — a repeat of what has happened in previous years, ...
MarketWatch - 6h
Is CommScope Holding Company (COMM) the Best NASDAQ Penny Stock to Buy Right Now?

We recently published a list of 11 Best NASDAQ Penny Stocks To Buy Right Now. In this article, we are going to look at where CommScope Holding Company, Inc. (NASDAQ:COMM) stands against other best ...
Yahoo Sports - 2d
US companies lawyer up in preparation for Trump’s trade wars

Legal and accounting firms expect a fee bonanza from efforts to avoid expected tariffs and export controls
Financial Times - 4d
AP Top 25 poll: Oregon holds as unanimous No. 1, Georgia up to No. 2 in college football rankings

The Bulldogs moved to No. 2 after outlasting Texas in a thrilling SEC Championship Game
CBS Sports - 5d
Iran ramping up highly enriched uranium stockpile, UN warns

Head of nuclear watchdog said ‘very concerning’ move could rapidly expand Tehran’s production capacity
Financial Times - Dec. 6
Volkswagen Faces More Warning Strikes Monday

The latest announcement from the IG Metall union comes days after tens of thousands of workers at Volkswagen sites across Germany participated in walkouts.
The Wall Street Journal - Dec. 5
Volkswagen Says Urgent Measures Needed to Save Company

Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...
The Wall Street Journal - Dec. 4
Donald Trump Jr. joins e-commerce company, sending its shares up 270%

PublicSquare, which describes itself as catering to "patriotic Americans," is adding the son of President-elect Donald Trump Jr. to its board.
CBS News - Dec. 3