July 30, 2026 12:22 pm, EDT Shell company logo on top of a fuel storage tank at the site of the former Coryton fuel refinery in Coryton, UK (Chris Ratcliffe/Bloomberg) key takeaways: Shell reported second-quarter adjusted net income of $9.8 billion, more than double a year earlier, as the Middle East conflict boosted trading and
July 16, 2026 4:00 pm, EDT The new deal will direct 50% of the operating profits from the new Gordie Howe International Bridge to a US-run regional development fund for 15 years. key takeaways: Canadian Prime Minister Mark Carney defended sharing 50% of the Gordie Howe Bridge’s operating profits with a US-run fund for 15
July 15, 2026 10:43 am, EDT The bridge will open for traffic on June 15. (Gordie Howe International Bridge) key takeaways: The US and Canada offered conflicting accounts of a profit-sharing deal involving the Gordie Howe International Bridge ahead of its planned opening on July 27. Prime Minister Mark Carney said debt-service costs reduce profits
Porsche reportedly closed four dealerships in China. The German automaker will reduce dealers in China from 116 to 80. Chinese sales are set to decline by 21% starting in 2026. Despite currently building some of the best sports cars in the company’s illustrious history, Porsche isn’t off to the best start in 2026. Sales were
This weekend is America’s 250th birthday, so it’s time to celebrate! Between backyard barbecues, alcoholic beverages, and red, white and blue dishes, the Fourth of July can quickly become a calorie-laden day. One day of indulgence doesn’t have to undo months of progress, but that doesn’t mean you have to throw away those healthy habits
Porsche CEO reveals plans to reduce production capacity. Michael Leiters believes costs have gotten out of control. The 718 Boxster and Cayman are still coming back. 2023 was Porsche’s best year ever in terms of sales, with 320,221 cars shipped to customers worldwide. However, a lot has changed in the two years since. The sharp