Business
Samsung Electronics expects operating profits in the second quarter to rise 11.4 percent, the South Korean tech giant said in a statement Thursday, despite ongoing global supply chain woes.
Jul 7, 2022
0
4
Consumer & Gadgets
If trader sentiment is any guide, cryptocurrencies could snap back or at least stop selling off after one of their worst quarters in history.
Jul 6, 2022
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4
Business
Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles.
Jul 3, 2022
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21
Automotive
U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry.
Jul 1, 2022
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4
Automotive
The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter.
Jul 1, 2022
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8
Business
Coinbase Global says it plans to cut about 1,100 jobs, or approximately 18% of its global workforce, as part of a restructuring in order to help manage its operating expenses in response to current market conditions.
Jun 14, 2022
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12
Business
Disney on Wednesday said its profit slipped in the recently ended quarter but its television streaming service and parks were booming.
May 11, 2022
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5
Business
German national carrier Lufthansa on Thursday said it slashed its losses in the first quarter and set its sights on a record summer for tourist traffic as demand recovers from the pandemic.
May 5, 2022
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0
Business
Tech giants that saw good times during the pandemic are dealing with a "hangover" compounded by inflation and the war in Ukraine, analysts have said after earnings released this week.
Apr 29, 2022
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12
Business
American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but said Thursday that it expects to turn profitable in the spring as travel demand strengthens.
Apr 21, 2022
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20
