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Deutsche Telekom 2Q profit down

(AP Photo/Hermann J. Knippertz)Rene Obermann, CEO of Deutsche Telekom, speaks during a news conference at the company headquarters in Bonn, Germany, Thursday, Aug. 7, 2008. Deutsche Telekom AG said Thursday its second-quarter net profit dropped 35 percent as the strength of the euro, the continued exit of traditional landline consumers and higher debt costs ate into revenues. However,...

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Deutsche Telekom 2Q profit down

... revenues. However, Europe's biggest telecom maintained its full-year earnings forecast. (AP Photo/Hermann J. Knippertz) FRANKFURT, Germany -- Deutsche Telekom AG said Thursday its second-quarter net profit dropped 35 percent as the strength of the euro, the continued exit of traditional landline consumers and higher debt costs ate into revenue. However, Europe's biggest telecom maintained...

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Today’s column: What to do about high commodity prices?

Precious stuff. (Hermann J. Knippertz/AP) Is there anything that countries - especially developing countries - can do to deal with high fuel and food prices? They’re certainly trying all sorts of ways to keep their citizens from feeling the sharp end of the stick, but there aren’t any easy solutions. There are, however, some [...]

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Ford posts record quarterly loss

TEXT SIZE: HERMANN J. KNIPPERTZ / Associated Press The Ford Fiesta, pictured in Germany, is among the small cars Ford plans to bring to North America by the end of 2012. READER FEEDBACK SAVE AND SHAREBuzz this story. Posted on Fri, Jul. 25, 2008 Ford posts record quarterly lossIt lost $3.88 per share in the second quarter. Profits also plunged at Daimler and Hyundai.By Dee-Ann Durbin...

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Bleeding cash, Ford looks to Europe for help

(AP Photo/Hermann J. Knippertz, file)In this April 1, 2008 file photo, a Ford Fiesta is pictured in Cologne, Germany. Ford Motor Co. posted the worst quarterly performance in its history Thursday, July 24, 2008, losing $8.67 billion in the second quarter. The company also said it will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient...

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Bleeding cash, Ford looks to Europe for help

... small vehicles, including the Fiesta, to North America from Europe by the end of 2012. (AP Photo/Hermann J. Knippertz, file) DEARBORN, Mich. -- Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic.Ford reported its worst-ever quarterly loss Thursday and announced plans to...

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Ford suffers worst quarterly loss: $8.67 billion

... six new small vehicles, including the Fiesta, to North America from Europe by the end of 2012. Hermann J. Knippertz, file / AP Photo