Factbox: Tesla executive departures since 2016

Tesla Inc on Wednesday announced the departure of Chief Financial Officer Deepak Ahuja, the latest senior executive to leave the company as it strives to ramp up electric car production and reach long-term profitability. from Reuters: Business News https://reut.rs/2TjHS...

Read More

General Electric posts fourth-quarter profit, revenue beat; shares rise

U.S. industrial conglomerate General Electric Co reported a $666 million profit from continuing operations for the fourth quarter, recovering from a $11.2 billion loss a year ago, sending its shares sharply higher. from Reuters: Business News https://reut.rs/2Bdfy...

Read More

Shell sticking with spending discipline as 2018 profits soar

Royal Dutch Shell said to would stick to spending discipline this year after 2018 profits jumped by more than a third to $21.4 billion, their highest since 2014. from Reuters: Business News https://reut.rs/2UvE1...

Read More

Crude trading propels Shell's fourth quarter results

Royal Dutch Shell said on Thursday that crude trading boosted its fourth quarter profits to a four-year high even as oil prices collapsed. from Reuters: Business News https://reut.rs/2Sfuh...

Read More

UPS tops expectations in holiday quarter

United Parcel Service Inc reported a better-than-expected quarterly profit, as the company benefited from record volumes during the crucial holiday season. from Reuters: Business News https://reut.rs/2Tpl1...

Read More

Blackstone to take controlling interest in Tallgrass Energy for $3.3 billion

Private equity firm Blackstone Group LP said it would buy a controlling interest in midstream energy company Tallgrass Energy LP for $3.3 billion. from Reuters: Business News https://reut.rs/2TmYF...

Read More

Data collection helping Tesla speed away from competition in autonomous transportation?

Data collection helping Tesla speed away from competition in autonomous transportation? ARK Invest analyst Tasha Keeney on the outlook for Tesla, Amazon and Facebook...

Read More

UPS tops expectations in holiday quarter

UPS tops expectations in holiday quarter UPS results comes just a month after rival FedEx Corp slashed its forecast for fiscal 2019 ending May, citing a global trade slowdown...

Read More

Tesla says it will be able to pay its next bond payment, but will it have enough cash to fund its growth?

Tesla says it will be able to pay its next bond payment, but will it have enough cash to fund its growth? USA Today business reporter Nathan Bomey on Tesla's fourth-quarter results and outlook...

Read More

Raytheon's quarterly revenue rises 8.5% on higher weapon demand

Raytheon's quarterly revenue rises 8.5% on higher weapon demand The U.S. weapons maker forecast 2019 profit in the range of $11.40 to $11.60 per share...

Read More

General Electric reports small profit in fourth quarter

General Electric reports small profit in fourth quarter Revenue rose 5 percent to $33.28 billion, topping the Wall Street estimate of $32.6 billion...

Read More

DowDuPont sales miss on currency effects, materials science

DowDuPont sales miss on currency effects, materials science Net sales for the quarter were $20.1 billion, unchanged from a year ago...

Read More

Facebook posts record profit

Facebook posts record profit Facebook reported 4Q EPS of $2.38, up from $1.44 a year earlier...

Read More

Ride-hailing companies suspend Barcelona services after new regulations

Ride-hailing companies Uber and Cabify are to suspend their services in Barcelona in response to the regional government's imposition of limits on how they operate in the city. from Reuters: Business News https://reut.rs/2MI6K...

Read More

Deutsche Bank focused on sustainable profitability: source

Deutsche Bank is focused on getting the German lender on a path to sustainable profitability, a well-informed Deutsche Bank source told Reuters on Thursday. from Reuters: Business News https://reut.rs/2UxMY...

Read More

General Electric swings to small profit in fourth quarter

U.S. industrial conglomerate General Electric Co reported a $666 million profit for the fourth quarter, recovering from the $23 billion charge it took three months ago as it began restructuring under a new chief executive. from Reuters: Business News https://reut.rs/2sXLT...

Read More

A flood of profit warnings from Chinese firms as slowdown bites

Hundreds of listed Chinese companies - from hog farmers struggling to buy pig feed, to glassware makers unable to collect receivables - flagged big losses for 2018, victim to a slowing economy and Beijing's deleveraging. from Reuters: Business News https://reut.rs/2UvuA...

Read More

H&M blames online investment for latest profit decline

Sweden's H&M disappointed investors with a 10 percent tumble in quarterly profit, the world's second largest fashion retailer blaming investment aimed at boosting its online business for the decline. from Reuters: Business News https://reut.rs/2DJ6x...

Read More