Volkswagen says tariffs, shift from EV's to blame for third quarter loss of $1.5-billion

Volkswagen says tariffs, shift from EV's to blame for third quarter loss of $1.5-billion

VW says it lost $1.5-billion in the third quarter because of President Trump's tariffs and company's shift away from electric vehicles.

Higher expenses, tariffs offset Helly Hansen sales for Kontoor

Kontoor Brands Inc. had a 27% jump in third-quarter revenue to $853.2 million, including $185.9 million from Helly Hansen in its first full quarter of ownership of the brand. However, expenses jumped 38% during the quarter to $789.4 million.