Latest in Volkswagen profit drops 64% as China sales slump
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Volkswagen's Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout, a former American brand from 1961 to 1980, was expected to exclusively offer EVs in a bid for the German automaker to expand its presence in the U.S.Business - CNBC - 5 days ago -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - 2 days ago -
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Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - Yesterday -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - Yesterday -
Aaron Judge’s Playoff Slump Is Over. Now He Needs to Carry the Yankees.
Judge’s home run in Game 2 let the Yankees exhale, for so many reasons.Sports - The New York Times - October 16 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 6 days ago -
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.Business - The Wall Street Journal - 5 days ago -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
Corporate Germany is on sale
German companies have become relatively small and relatively cheapWorld - Financial Times - October 18 -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - Yesterday -
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Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - 2 days ago -
Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - Yesterday -
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What's behind Aaron Judge's playoff struggles? Three possible causes for Yankee slugger's October slump
The Yankees have succeeded largely without the help of their biggest power threat so farSports - CBS Sports - October 14 -
Yankees' Giancarlo Stanton continues to step up in playoffs with Aaron Judge still stuck in October slump
Stanton, one of the best October sluggers of all-time, went deep again in ALCS Game 1Sports - CBS Sports - October 15 -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
Why U.S. stock market’s slump on rising Treasury yields may be short-lived
The U.S. stock market appears to be taking a breather from setting fresh highs as interest rates in the bond market climb, leaving the S&P 500 sharply lower Wednesday.Business - MarketWatch - 6 days ago -
Jim Cramer wants to buy more shares of 2 portfolio companies with favorable catalysts
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Business - CNBC - Yesterday -
Dismal England slump to series defeat as Pakistan wrap up third Test victory
Third Test: England 267 & 112; Pakistan 344 & 37-1 Pakistan win by nine wickets, claim 2-1 series victory A series that started with England breaking records ended with England simply broken. ...World - The Guardian - 4 days ago -
European football: Leverkusen rocked by Bremen as Napoli stretch Serie A lead
Xabi Alonso blames ‘soft defending’ for last-gasp draw Napoli extend unbeaten run and go five points clear Bayer Leverkusen’s sloppy performance in their 2-2 draw at Werder Bremen in the ...World - The Guardian - 3 days ago -
Slumping star Aaron Judge and Yankees hope to break out when World Series shifts to NY for Game 3
Aaron Judge and the New York Yankees need to start hitting if they’re going to climb back into this World SeriesSports - ABC News - 2 days ago -
3 observations after Maxey (45 points) hammers through slump, lifts Sixers to OT win
Tyrese Maxey dropped 45 points and the Sixers pulled out a 118-114 victory Sunday over the Pacers.Sports - Yahoo Sports - 2 days ago -
Dodgers hold off Yankees for 3-0 World Series lead, can clinch title with win Tuesday
Freddie Freeman homered for the third straight game and Walker Buehler pitched another World Series gem as the Los Angeles Dodgers beat the New York Yankees 4-2 for a 3-0 lead in the Fall ClassicSports - ABC News - Yesterday
