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
2
118
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
2
118
German auto giant Volkswagen on Wednesday reported a forecast-beating rise in profits for 2023, boosted by higher vehicle deliveries, but gave a cautious outlook for this year.
Mar 13, 2024
0
9
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
0
1
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
0
1
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
0
33
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
0
10
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
1
21
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
0
1
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
0
5
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
0
5