Business

Spotify posts rare profit, shares tumble on timid user growth

Spotify posted on Wednesdaya rare net profit in the first quarter and a sharp increase in paid subscribers as the music streaming giant launched in dozens of new markets, but disappointing total users sent shares tumbling.

Energy & Green Tech

To cool tomorrow's buildings, power sector must grow

Temperatures are rising. Eight of the warmest 10 recorded years of globally averaged temperature have occurred after 1998. Coupled with that increase is a growing demand for electricity to cool buildings. A new study published ...

Business

GameStop finally announces a share sale

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.

Energy & Green Tech

Recharged: Energy seen as big winner after disastrous 2020

Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and many of the other companies beaten down by the virus benefit from the vaccine ...

Energy & Green Tech

Report: World demand for gasoline may never recover

The world's once-insatiable demand for gasoline is unlikely to recover to pre-pandemic levels, according to a report Wednesday from the International Energy Agency.

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