GM posts $2.8B profit, but cautious tone sinks share price
General Motors posted a healthy $2.8 billion second-quarter profit Wednesday, but its cautious outlook for the rest of the year spooked investors.
Aug 4, 2021
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Automotive
Page 34 - News tagged with prices
Business
China's Didi denies report of plan to buy back shares
Didi Global Inc. on Friday denied a report by The Wall Street Journal that the ride-hailing service was considering buying back its U.S.-traded shares after its June market debut was disrupted by Chinese government orders ...
Jul 30, 2021
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Business
Fast-growing but controversial, Robinhood falls in Nasdaq debut
Robinhood had a rough start on Wall Street Thursday, falling sharply in its Nasdaq debut after the fast-growing online trading app raised $1.9 billion in an initial public offering.
Jul 29, 2021
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Business
Samsung reports surge in profit on pandemic-led demand for chips
Samsung Electronics' net profits surged more than 70 percent in the second quarter thanks to higher memory chip prices fuelled by pandemic-led demand, the South Korean tech giant reported Thursday.
Jul 29, 2021
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Business
China tries to ease investor fears over crackdown: report
Beijing scrambled to calm investors after a crackdown on some of China's biggest firms rattled markets with regulators calling bankers in for a last-minute call Wednesday night, Bloomberg reported.
Jul 29, 2021
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Automotive
Ford overcomes computer chip shortage, posts surprise profit
Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chips that cut factory output in half.
Jul 29, 2021
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Automotive
A small victory: Used-car prices slip from dizzy heights
For months, anyone who wandered onto a dealer lot to look for a used car could be forgiven for doing a double take—and then wandering right off the lot.
Jul 21, 2021
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Business
Zoom buying Five9 in $14.7B all-stock transaction
Zoom, the videoconferencing company whose growth was supercharged by the pandemic over the past year, will buy the cloud call center company Five9 in an all-stock deal valued at about $14.7 billion.
Jul 19, 2021
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Business
Video games coming to Netflix? Latest hiring offers a clue
Netflix has hired veteran video game executive Mike Verdu, signaling the video streaming service is poised to expand into another fertile field of entertainment.
Jul 15, 2021
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Business
China watchdog launches review of Didi Global days after IPO
China's internet watchdog said Friday that it has launched an investigation into ride-hailing company Didi Global Inc. to protect national security and public interest, days after the company went public in New York.
Jul 2, 2021
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