Reuters. The Tesla logo can be seen on a car in Los Angeles (Reuters) – Tesla Inc (O:) has cut the price of its Model Y sport utility vehicle by $3,000 just four months after its launch as the U.S. electric carmaker seeks to maintain sales momentum in theRead More →
© Reuters. Nissan Motor Co CEO Makoto Uchida speaks during a news conference at its headquarters in Yokohama By Naomi Tajitsu TOKYO (Reuters) – Nissan Motor Co (T:) on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure onRead More →
© Reuters. FILE PHOTO: The company logo for Johnson & Johnson is displayed on a screen to celebrate the 75th anniversary of the company’s listing at the NYSE in New York By Jonathan Stempel (Reuters) – A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitiveRead More →
Investing.com – Aurora Cannabis slumped Friday after an investment bank slashed its price target on the cannabis company to just $1 amid concerns about the burning hole in its finances and regulatory hurdles in Germany that had halted sales. Piper Sandler downgraded its rating on Aurora (NYSE:) to sell fromRead More →
FedEx Corp. is offering big discounts to woo online merchants to its air network as it seeks to refashion a delivery system ill-equipped for the rise of e-commerce. The shipping giant FDX, -1.49% , which is ending an air-shipping contract with Amazon.com Inc. AMZN, -0.36% later this month, isRead More →
U.S. stocks retreated Thursday morning, with those for the Dow under pressure after disappointing 3M Co. earnings, while positive tech-sector earnings reports blunted losses in the Nasdaq and S&P 500. Against the backdrop of a parade of quarterly results, investors have been weighing continued signs of sluggish growth permeating internationalRead More →
