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Porsche Shifts to Profit-First Strategy 2035 and Rules Out a Fully Electric 911

The plan seeks to restore margins through variant cuts, deeper Volkswagen platform sharing, with a new round of workforce savings ahead of an October 7 capital markets day.

Shoe Carnival Posts Q1 Beat and Keeps Two-Banner Strategy

GoPro Launches Strategic Review Weighing Sale or Merger

Saks Global Secures $500 Million Exit Financing to Support Summer Emergence From Bankruptcy

Coty Pulls 2026 Outlook and Launches ‘Coty. Curated’ as Interim CEO Leads Reset

Game Files Notice to Appoint Administrators, Triggering 10-Day Creditor Protection

Macy’s Names 14 Store Closures for Early 2026 as Turnaround Push Continues

Callaway to Sell 60% of Topgolf to Leonard Green in $1.1 Billion Deal

Starbucks Returns to Comp Growth as Revenue Beats, Profit Hit by Restructuring

Remedy Issues Profit Warning, Takes €14.9 Million Impairment on FBC: Firebreak

Saks Global Secures $600 Million Bondholder Financing, Reshuffles Creditor Claims

Tesla Faces Investor Doubts as Ross Gerber Continues Stock Sell-Off