Tesla burns $739.5 million in cash on way to record 2Q loss
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
Business
Aug 1, 2018
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Japanese electronics giant Panasonic said Tuesday its first-quarter net profit jumped more than 17 percent thanks to growth in its automotive-related business.
Business
Jul 31, 2018
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Nintendo said Tuesday its quarterly net profit jumped 43.9 percent year-on-year to $275 million, driven by the global popularity of its Switch console and game titles.
Business
Jul 31, 2018
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Sony on Tuesday raised its full-year profit and sales forecasts after reporting a near-threefold increase in first-quarter profit, as its recovery continues under a new CEO.
Business
Jul 31, 2018
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German automaker Daimler AG said Thursday that its net profit fell 27 percent in the second quarter as the company confronted multiple challenges including trade tensions, weak pricing for its luxury cars, and recalls and ...
Business
Jul 26, 2018
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Nokia says its second-quarter earnings slumped as clients were not willing yet to increase spending on the faster but more expensive new generation of mobile networks and are seeking price cuts.
Business
Jul 26, 2018
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Fiat Chrysler's shares plummeted on the Milan stock exchange Wednesday, after the Italian auto giant published disappointing quarterly results.
Business
Jul 25, 2018
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Infosys on Friday reported a 3.7 percent rise in quarterly profits, well below expectations for the Indian software giant.
Business
Jul 13, 2018
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India's largest IT services firm Tata Consultancy Services (TCS) reported on Tuesday a 24 percent rise in quarterly earnings thanks to strong growth in its banking and financial services division.
Business
Jul 10, 2018
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Trade wars and protectionism are key risk factors to airline profits already weakened by rising oil prices, the International Air Transport Association said Monday.
Business
Jun 4, 2018
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