The supervisory board of VW Group-owned Porsche has approved another phase of restructuring, a company spokesperson told Reuters.
German media reports said the total number of planned job cuts could reach about 9,000.
The company spokesperson declined to discuss the contents of the new package agreed with labour representatives.
The spokesperson said only that the supervisory board had backed the measures.
"Now it's time to finalise the last steps," the spokesperson said in an emailed statement to Reuters.

#spokesperson #reuters #group #porsche

DGJL uses SPY options to deliver a fixed 9.37% digital return as long as SPY doesn't fall more than 10% over its one-year period.
The digital structure caps gains at 9.37% even if SPY surges 30%, making DGJL most advantageous in flat or mildly declining markets.
Losses beyond the 10% buffer fall entirely on shareholders, and defined outcomes only hold for investors who buy on day one and hold through July 2027.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and DGJL didn't make the cut. Grab the names FREE today.
First Trust has rolled out another entry in its lineup of defined-outcome funds, and this one carries an unusual twist. The FT Vest U.S. Equity Buffer & Digital Return ETF – July (NYSEARCA:DGJL) began its first outcome period on July 20, 2026 and lists on the Cboe BZX Exchange. It is an actively managed fund, meaning a team picks the holdings rather than tracking an index, and it is sub-advised by Vest Financial LLC, the firm behind most of First Trust's buffer product family.

#first #digital #vest

Icahn Enterprises on Tuesday announced that the company reached a deal to sell Pep Boys to Mavis, one of the largest independent tire and service providers in the country, in a $700 million deal.
Pep Boys has nearly 800 locations around the country and offers auto services including tires, repairs, oil changes and maintenance.
The deal will expand Mavis' presence in new and existing markets, particularly in the western U.S., where Pep Boys has a significant presence, and will increase Mavis's network to over 4,400 service centers around the U.S. and Canada.
Millions Of Car Owners Are Delaying Maintenance Repairs As Costs Rise
"Today's announcement marks a significant milestone as Mavis continues to execute its growth strategy. Pep Boys is one of the most well-respected names in the automotive aftermarket, and we look forward to welcoming it into the Mavis family of brands," said Mavis co-CEO David Sorbaro.

#repairs #maintenance #country #around

By Tim Hepher and David Shepardson
FARNBOROUGH, England, July 21 (Reuters) - Boeing has asked the U.S. government to press the European Union for transparency over a €3 billion ($3.43 billion) loan package to Airbus, resurfacing trade tensions after the two sides extended a tariff truce over jet subsidies.
What is the European Investment Bank's response to Boeing's concerns?
Could this loan dispute affect the Boeing-Airbus tariff truce?

#shepardson

By Courtney Rozen
WASHINGTON, July 21 (Reuters) - TikTok U.S. chief security officer Will Farrell will testify before ‌a U.S. House committee on September 15, according ‌to a Congressional aide.
Farrell, who oversees "data privacy and cybersecurity" according to the company's website, will answer questions from members of the U.S. House Select Committee on China.
This is the first time a TikTok U.S. executive will testify publicly ‌in the U.S. House ⁠since the company's Chinese owner, ByteDance, finalized a deal to split the U.S. app ⁠from its global business. ByteDance has disclosed few details about the deal, and a hearing would allow lawmakers to ask questions about U.S. President Donald Trump's role in ‌brokering the split and Chinese involvement in the U.S. app.
The U.S. enacted a law in 2024 requiring ByteDance to sell the app or see it shut in the country. The U.S. Congress passed the law after ‌lawmakers expressed concerns that the company's management was beholden to the Chinese government, posing a national security risk.

#security

Seattle, Washington-based Expedia Group, Inc. (EXPE) operates as an online travel company that provides travel products and services to leisure and corporate travelers. Valued at $32.5 billion by market cap, the company facilitates memorable experiences for travelers through its family of brands including Expedia, Hotels.com, Expedia Partner Solutions, Vrbo, Trivago, and more. The leading online travel company is expected to announce its fiscal second-quarter earnings for 2026 after the market closes on Wednesday, Aug. 5.
Ahead of the event, ****** ysts expect EXPE to report a profit of $4.55 per share on a diluted basis, up 26.7% from $3.59 per share in the year-ago quarter. The company has consistently surpassed Wall Street's EPS estimates in its last four quarterly reports.
Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week
Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields
The Number Tesla Stock Bulls Are Really Waiting for This Earnings Season Has Nothing to Do With Cars

#earnings #Stock #online

Is ADI a good stock to buy? We came across a bullish thesis on ****** og Devices, Inc. on Contrarian Indicator's Substack by Cameron Fen. In this article, we will summarize the bulls' thesis on ADI. ****** og Devices, Inc.'s share was trading at $375.18 as of July 16th. ADI's trailing and forward P/E were 56.63 and 25.97 respectively according to Yahoo Finance.
Portogas D Ace/Shutterstock.com
Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States and internationally. ****** og Devices is posting record revenue as AI data centers intensify demand for sophisticated power management, but investors must decide whether they are buying the next leg of a structural compute cycle or paying an AI multiple for an ****** og chipmaker still dependent on industrial restocking and a sluggish automotive market.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
For Jeremy Grantham, **** eX's IPO will go down in history for all the wrong reasons. He claims it's "the craziest IPO in the history of man (1)."
In a recent interview with Morningstar, the founder of Grantham, Mayo, Van Otterloo & Company (GMO), blasted the valuation for Elon Musk's rocket company.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold