Ford lures Apple executive to oversee its new software subscription services unit
Ford has hired away a key Apple executive to run a new business unit that will sell software-related subscription services to vehicle owners.
Aug 14, 2023
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Business
News tagged with profit margin
Business
Robots cause company profits to fall—at least at first
Researchers have found that robots can have a 'U-shaped' effect on profits: causing profit margins to fall at first, before eventually rising again.
Aug 3, 2023
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Business
Activision Blizzard's CEO Bobby Kotick defends Microsoft's planned takeover of the video game-maker
Activision Blizzard CEO Bobby Kotick was in court Wednesday defending Microsoft's proposed $69 billion takeover of his video game company against an attempt by federal regulators to block the deal.
Jun 28, 2023
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1
Business
Microsoft CEO Satya Nadella to defend planned takeover of game-maker Activision Blizzard in court
Microsoft CEO Satya Nadella is due in court Wednesday to defend the company's proposed $69 billion takeover of video game maker Activision Blizzard against an attempt by federal regulators to block the deal.
Jun 28, 2023
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Automotive
Tesla's price cuts drag share prices sharply lower
Tesla shares fell sharply Thursday as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.
Apr 20, 2023
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10
Automotive
Price cuts cause Tesla 1Q income, profit margins to fall
Tesla's first-quarter net income tumbled 24% from a year ago as multiple price cuts across its model lineup reduced the amount of money generated per vehicle even as sales rose.
Apr 19, 2023
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Automotive
VW joins e-car price war as global rivalry heats up
German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.
Mar 12, 2023
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Automotive
Renault boosts profitability but Russia exit pushes it into loss
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
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15
Automotive
CES 2023: Stellantis preps cost cuts due to higher EV prices
Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
Jan 6, 2023
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10
Business
Tesla shares tumble after company misses delivery target
Shares of Tesla tumbled more than 12% Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
Jan 3, 2023
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