WOLFSBURG, Germany—Porsche AG expects sales to rise to as much as 42 billion euros ($45 billion) in 2023 after the luxury carmaker sped to record earnings and revenue in its first year since its initial public offering, as it boosted car deliveries. Chief Financial Officer Lutz Meschke, however, warned that supply chain issues, geopolitical strains,…
Chevron Boosts Share Buyback Program, Hikes US Spending
HOUSTON—Oil major Chevron Corp. on Tuesday expanded its share buyback program and laid out plans to add 750,000 barrels of oil and gas per day to its U.S. production on gains from the country’s shale basins and the Gulf of Mexico. U.S. oil companies have been moving more of their investments to the Americas to…
Permitted Share of China’s Yuan in Russian Wealth Fund Doubled to 60 Percent: Finance Minister
MOSCOW—Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wealth Fund (NWF) had been doubled to 60 percent as it restructures its rainy-day fund to reduce dependency on currencies from so-called “unfriendly” nations. The ministry said the permitted share of gold in the NWF would also be doubled,…
Veterans Encouraged to Share Their Stories With the Nation
Every warrior has a story to tell and Eastern Washington Rep. Cathy McMorris Rodgers (R-Wash.), wants to collect them all for a national history project. McMorris Rodgers said the stories of veterans will be preserved in America’s archives at the Library of Congress for generations to come. Information will provide the nation’s youth with valuable…
UBS Plans More Share Buybacks as Wealth Management Shines
ZURICH—UBS struck a confident tone on Tuesday, reaffirming key financial targets and pledging more share buybacks next year, buoyed by higher interest rates and strong wealth management inflows. The world’s biggest wealth manager reported a smaller-than-expected 24 percent slide in third-quarter net profit, with lower costs and rising interest income helping to mitigate the impact…
Smart Alecks (1942)
October 4, 2022
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Danny helps to capture a wanted criminal and receives a $200 reward. However, he has a falling out with the gang when they believe he should share the money with them. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content: epochoriginal.com Feature Films: www.theepochtimes.com/featured-films * Click the “Save” button below the…
Investors Mixed as Porsche Seeks Price Tag of Up to $75 Billion
BERLIN—Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker’s listing plans for sports car brand Porsche AG in what could be Europe’s third biggest initial public offering. Volkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70–75 billion) for Porsche AG, slightly…
2 Peloton Co-founders Leave Amid Massive Restructuring
Peloton Interactive Inc. co-founders John Foley and Hisao Kushi are stepping down from their executive roles, at a time the troubled exercise bike maker is undergoing massive changes to trim losses and win back investor confidence. “It is time for me to start a new professional chapter,” said Foley, who was replaced earlier this year…
Best Clarifying & Hydrating Toners for Oily, Combo, Acne-Prone, Dry, & Sensitive Skin!
August 6, 2022
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We’re coming back with more toners for your everyday routine, and for all skin types! Last time we talked all about chemical exfoliating toners for acne, whiteheads, and blackheads! Today, we continue on the toner quest and find more amazing ingredients to look out for to give us that dewy, glowing, and lit-from-within skin! You’ll…
Zebra Technologies Q2 Margins Shrink Due to Supply Chain Crisis, Issues Below Par Outlook
Zebra Technologies Corp. FY22 net sales growth of 6.6 percent year-on-year to $1.47 billion, beating the consensus of $1.44 billion. Consolidated organic net sales for the quarter increased by 6.9 percent. Net sales in the Enterprise Visibility & Mobility (EVM) segment rose 5.8 percent Y/Y to $1.02 billion. Asset Intelligence & Tracking (AIT) segment net sales…
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