Finance chief Harm Ohlmeyer is now appointed until the beginning of 2028.
Dow Jones Newswires: Continental profit tumbles on material and energy price inflation, but sees higher sales and earnings in 2023
The German car-parts supplier on Wednesday reported net profit of 66.6 million euros ($70.8 million) in the full year compared with EUR1.44 billion a year prior.
Dow Jones Newswires: Adidas reiterates forecast for 10% revenue decline in 2023, will propose significantly lower dividend amid Yeezy fallout
The German sporting-goods company said Wednesday that it will propose a payout of 70 European cents (74 U.S. cents) a share for the year, down from EUR3.30 previously.
The View From Unretirement: What’s the best place for you to retire? This new measurement may help narrow it down.
Age-friendliness rankings can help retirees find places that will embrace them
: Elon Musk claims Twitter could soon be cash-flow positive
Speaking at a Morgan Stanley conference in San Francisco, Musk said Twitter could break even on a cash-flow basis in the second quarter, and there’s a chance it could even be cash-flow positive.
: Warren Buffett’s Berkshire Hathaway boosts its stake in Occidental Petroleum
Berkshire bought about 5.8 million shares of Occidental in a batch of sales Friday, Monday and Tuesday, according to a Tuesday filing with the Securities and Exchange Commission
Dow Jones Newswires: Nissan shares fall sharply in Tokyo after S&P cuts rating to junk status
Nissan Motor Co. shares fell sharply Wednesday morning after its credit rating was cut to speculative grade by S&P Global Ratings.
Dow Jones Newswires: Troika Media reports earnings, stock sinks after sharp gain Monday
Shares of branding and marketing company Troika Media Group Inc. fell 51% after hours to 28 cents, following a 27% decline in the regular session after it reported financial results.
Deep Dive: These stocks fared the worst as Powell pushed the market down Tuesday
Bank stocks were hit hard, as investors braced for a longer cycle of interest rate increases. Electric vehicle makers also stumbled.
Economic Report: U.S. consumer credit picks up slightly in January from sluggish pace in prior month
Total U.S. consumer credit rose by $14.8 billion in January, up from $10.7 billion in the prior month, the Federal Reserve said Tuesday.
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