Following its failed takeover of Volkswagen, Porsche has posted a $6.5 billion pre-tax loss for the fiscal year ended July 31st. Porsche attempted to take over the much larger Volkswagen earlier this year, but failed to complete the acquisition as credit markets dried up.
Porsche warned stakeholders losses could reach $7.4 billion as the company … Details
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The 26-year-old daughter of racing legend John Force is a top seller of merchandise licensed by the National Hot Rod Assn. and last year became the first woman to win an NHRA race in Funny Car.
Reporting from Las Vegas – The display of merchandise at the Las Vegas Motor Speedway had something for everyone: Ashley Force dolls, Ashley Force rhinestone-encrusted key chains, Ashley Force neoprene beer coolers.
Pink Ashley Force socks also were available, as were Ashley Force hats and Ashley Force hair scrunchies.
For other memorabilia — say an Ashley Force …Â Details
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When asked to name the most dominant athletes this decade, who comes to mind? Tiger Woods, Lance Armstrong, Michael Phelps?
What about Tony Schumacher of Long Grove?
“The Sarge” has won five straight NHRA Top Fuel championships, and this weekend at the NHRA Full Throttle Drag Racing Series Countdown to 1 in Pomona, Calif., he’s looking to make it six straight and seventh overall …Â Details
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Huntington Beach – A San Clemente resident who handled business dealings for professional skateboarder Ryan Sheckler was arrested and charged Friday with embezzling more than $365,000 from his 19-year-old boss.
Matthew Mercuro, 36, faces up to six years and eight months in prison if convicted of two felony counts of grand theft with sentencing enhancements for allegedly stealing more than $200,000 and $65,000, said Deputy District Attorney Brian Mulherin.
Mercuro worked as the chief financial officer … Details
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