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California back in running for Tesla battery plant

California is back in the running for a massive battery plant that electric car maker Tesla Motors plans to start building this year, but CEO Elon Musk said the state remains in the "improbable" category for winning the plant ...

Groupon fails to turn profit as revenue grows

Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

IBM's earnings indicate tech spending picking up

(AP) -- IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding after the recession.

Should the SEC ditch quarterly reporting?

In the minds of some, the manifold ills of corporate capitalism have a single source: short-termism. Because investors increasingly ignore long-term value in favor of quarterly returns, corporate managers are thought to have ...

Spotify reaches 100 million paying subscribers

Swedish music streaming giant Spotify said Monday it had amassed 100 million paying subscribers, but the company also fell back into the red and reported a first quarter operating loss.

Privacy fine set-aside dents Facebook's profit

Facebook said Wednesday its profit took a hit from setting aside billions of dollars for an anticipated fine from US regulators, in a quarterly report that sent shares higher.

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