Tesla Stock Slides 7% Amidst Shipment Slump & New Price Cuts in China
Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles…
KPMG fined $2 million for ‘failures’ in M&C Saatchi audit
Britain’s accounting watchdog said on Monday it has fined KPMG 1.46 million pounds ($1.90 million) for “basic failings” in its…
Oil Steadies Near This Year’s High as OPEC+ Extends Output Cuts
Oil steadied near the highest level this year after OPEC+ extended its production cuts to the end of next quarter.…
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
Bitcoin is poised to close February with a 44% gain, its largest monthly advance since December 2020. Bitcoin demand via…
Pfizer’s Ups and Downs: Vaccine Triumphs, Revenue Challenges
Pfizer (PFE) stock, which peaked in December 2021, has now fallen for two years as the drugmaker looks for its…
SpaceX’s talks with Vietnam over Starlink on hold
SpaceX’s plans to provide communications services to Vietnam with its Starlink satellites have been put on hold, three sources familiar…
HP CEO: Navigating PC Demand, Embracing AI Future
HP Inc. CEO Enrique Lores says the stage is set for a recovery in PC demand later this year, even…
Starbucks to begin talks with Workers United union
Starbucks said Tuesday it will begin talks with the Workers United union to discuss bargaining agreements and union organizing. “We…
Zoom gains after sales top estimates on enterprise customers
Zoom Video Communications Inc. reported quarterly sales and profit that topped analysts’ estimates, a sign that corporate customers are sticking…
Google Play Judge Calls $700 Million Settlement Bad for Customers
A federal judge appeared skeptical of Alphabet Inc.’s $700 million proposed settlement with states and consumers to resolve claims that…