GE reports smaller loss, shares rise
General Electric reported a smaller quarterly loss Wednesday on lower revenues and a continued slump in aviation, but said it would be cashflow positive in 2021 following cost-cutting moves.
Oct 28, 2020
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Business
General Electric reported a smaller quarterly loss Wednesday on lower revenues and a continued slump in aviation, but said it would be cashflow positive in 2021 following cost-cutting moves.
Oct 28, 2020
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Automotive
There are more than 8,000 new technical job openings at General Motors, and the automaker plans to fill them during a hiring spree this year.
Jan 26, 2022
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Automotive
Switzerland on Wednesday scrapped a tax exemption for imports of electric cars, whose growing presence on Swiss roads has cut into tax revenues.
Nov 8, 2023
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Automotive
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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Business
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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Security
Sensors detecting the amount of food that herds of cattle are eating. Machines taking thousands of photos of fruit per second to detect their defects and sort them by quality. Robots packing fruit and vegetables into bags ...
Oct 11, 2023
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Automotive
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
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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Automotive
French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.
Feb 14, 2024
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Automotive
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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