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
News tagged with profit margin
Business
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
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
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
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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Business
The end of coal-fired power is in sight, even with private interests holding out
If future historians pick a point in time when Australia comprehensively turned its back on coal-fired generation, they may well point to AGL's decision to bring forward the closure of Loy Yang A, the cheapest (excluding ...
Oct 10, 2022
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Automotive
Daimler: $4.3 billion quarterly profit despite chip shortage
German auto maker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to ...
Jul 21, 2021
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Business
Amazon may prove exception to global tax rules
The Group of Seven wealthy nations may have endorsed a plan to ensure the world's biggest companies pay a minimum global tax rate, but US tech behemoth Amazon may escape it.
Jun 9, 2021
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Business
Amazon taxation becomes sticking point in talks on global levies
A U.S.-driven effort to reach a global accord on taxing big tech companies' overseas profits is getting bogged down over ensnaring one firm in particular: Amazon.com Inc.
Apr 21, 2021
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Automotive
Nissan says not in talks with Apple on self-driving cars
Japanese auto maker Nissan said Monday it is not in talks with Apple to develop self-driving cars, a week after Hyundai also denied reports it was discussing the top-secret project with the US tech giant.
Feb 15, 2021
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