#financial-losses

#financial-losses

BrewDog has been put up for sale after the Scottish craft beer group appointed restructuring specialists to explore fresh investment and strategic options. The Aberdeenshire-founded brewer has hired AlixPartners to oversee a structured process that could result in new investors coming on board or parts of the business being sold off. Founded in 2007 by James Watt and Martin Dickie, BrewDog grew from a small Ellon-based brewery into an international brand with operations in the US, Australia and Germany, alongside around 60 bars across the UK.

Ford's EV unit posted a $4.8 billion loss in 2025, as sales of its Mustang Mach-E, F-150 Lightning, and E-Transit fell 14% from a year earlier. Now, the automaker is reshaping its electric strategy - shifting toward lower-cost, high-volume EVs and leaning harder into hybrids. It's a reversal of Ford's early strategy of electrifying its most iconic, priciest vehicles first, betting that brand loyalty and subsidies would offset sticker shock.

The Graham family, which had owned the Post forever, was an amazing steward for the paper. But they had to scale back their newsroom, because the internet had blown holes in classified ads. Classifieds used to be huge at The Washington Post. At the time Bezos bought it in 2013, it was not dysfunctional. These were really good journalists, but the paper was in a bit of a funk. It wasn't a reclamation project, but it had seen better days.

When the email dropped in my inbox, I knew it was bad news, but like the ocean exposing tide pools just before a tsunami, I assumed the Post-Gazette was on an upward trajectory. It was 12:30 p.m. on Wednesday, Jan. 7, and I had just stepped into the shower when my phone dinged with a text from my coworker in a group chat. I drew back the curtain and opened my phone, pearls of water momentarily obscuring the screen.

Breaking PG&E's monopoly with cheaper, greener energy is a compelling vision offered by MCE (aka Marin Clean Energy) and other community choice aggregators. However, as Contra Costa County residents are learning, MCE is no longer delivering on the promise of local government-controlled community choice aggregators, or CCAs. In fact, they may be better off with PG&E after all. Although it has "Marin" in its name, MCE is now largely a Contra Costa County operation.

Shares of Aurora Innovation ( NASDAQ:AUR) are trading around $5.21 as retail investor sentiment deteriorates sharply. Reddit discussions show sentiment plunging to 31.75 over the past week, firmly in bearish territory, down from a neutral 53.55 over the quarter. The shift coincides with growing skepticism about Aurora's path to profitability despite operational milestones like surpassing 100,000 driverless miles and launching a 600-mile Fort Worth to El Paso route.

Zipcar has said it is to close its UK operations by the end of the year. The US-based company, which is owned by car rental giant Avis Budget, told customers it would temporarily suspend new bookings after 31 December, pending the outcome of a consultation with its 71 staff members. In an email to members, UK boss James Taylor said the firm had launched a formal consultation with employees and bookings due to finish by the end of the month were being honoured.

President Donald Trump's social network, Truth Social, is on life support. Shares of the company that runs it, Trump Media and Technology Group (TMTG), hit a record low this week. Despite an initial surge of enthusiasm after its launch, the company has incurred massive losses, with the company showing increasingly blaring warning signs since Trump took office again in January.

With the company posting four straight years of losses (a cumulative $245 million), it's clear why it needed to raise cash, she writes in her Substack.

The first is really interesting after the recent end of their EF Pro Cycling partnership, signaling that not only is Rapha staying in the professional and elite cycling sphere, but is branching out a lot to cover more disciplines, including paracycling. A big driver of that deal is the goal of helping USA Cycling athletes haul in a record number of medals when the Summer Olympics return to the states in Los Angeles in 2028.

We have made this decision to give clarity for the coming week as we build the timeline for the phased restart of our operations and continue our investigation. Our teams continue to work around the clock alongside cybersecurity specialists, the NCSC, and law enforcement to ensure we restart in a safe and secure manner. Our focus remains on supporting our customers, suppliers, colleagues, and our retailers, who remain open.

The last thing any public company wants to see is that it has a "going concern" warning, which acknowledges it may have little time to survive. The term means a company may need to restructure or liquidate part of its business. Electric vehicle (EV) company Polestar Automotive Holding UK PLC ( NASDAQ: PSNY) disclosed the problem yesterday. The announcement caused a collapse in the EV firm's shares.

Wentworth's remark about locking up items hurting sales sparked widespread criticism, demonstrating that even a veteran CEO might overlook fundamental retail dynamics.

The company had already paused its highly anticipated IPO in the US last month, which once valued it at over $15 billion.