Timo Resch is basking in the sun. The brand has been showing consistent momentum of late, and it comes at a critical time, with Porsche pushing electrification in an increasingly hesitant market. Porsche is about to launch its second EV, an all-electric version of the Macan SUV, the brand's most affordable model.
(Bloomberg) -- A three letter acronym is increasingly cropping up in corporate filings and it’s fueling concern among ratings companies and fund managers.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitMentions of PIK in company filings,