Business

Disney streaming booms as theaters grapple with pandemic

US entertainment giant Disney said Thursday its online streaming services have boomed while it grapples with how to release films as the Delta coronavirus variant drives viewers from movie theaters.

Business

Intel slashes dividend by 66% in attempt to right itself

Intel is slashing its quarterly dividend by 66% as the chip maker attempts to rejuvenate sales in a market that where competition is increasing as some corporations and households cut back on tech spending.

Automotive

Tesla says deliveries increased in Q3

New vehicle deliveries by Tesla increased in the third quarter, beating the previous three months during which its Chinese factory was shuttered for multiple weeks, the US electric automaker announced Sunday.

Business

Tesla says its 4Q profit rose 59%, expects strong demand

Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.

Business

Low-carbon reorientation in the declining steel industry

MIOIR Researchers Professor Frank Geels and Dr. Julian Gregory conducted a longitudinal analysis of coevolving contexts and company strategies in the U.K. steel industry. While the existing literature makes important analyses ...

Business

Twitter, in possibly last quarterly report, sees user growth

Twitter's quarterly profit, revenue and the number of daily users on its platform are rising but its quarterly report, released days after agreeing to be sold to billionaire Elon Musk, offered scant details about what it ...

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