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Tesla Earnings Report: Top Takeaways January 30th, 2020 by Frugal Moogal. Below are a number of top takeaways from Tesla's latest shareholder letter and conference call. Perhaps these thing stood out to you as well. Perhaps they will light a spark in your brain. Retail Investors Versus ...
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Canadian lender CIBC flags layoffs as it battles challenging environment (Reuters) - Canadian Imperial Bank of Commerce (CM.TO) became the second Canadian bank in as many months to reveal lay offs as it contends with a tough environment for revenue growth. The Canadian Imperial Bank of Commerce (CIBC) logo is seen ...
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SkyWest adds 20 first-gen Embraer jets as order for new version remains on hold (Reuters) - Brazilian planemaker Embraer SA (EMBR3.SA) said on Thursday that U.S. regional carrier SkyWest Inc (SKYW.O) has signed a firm order for 20 E175 planes from its E1 generation, worth close to $1 billion, as an order for newer E2 aircraft remains ...
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Gold eases on China data, but set for monthly gain amid virus fears Gold prices inched lower on Friday after surveys showed Chinese manufacturing activity held steady in January and services firmed, although concerns over the coronavirus and its economic impact kept the metal on track for a second monthly gain. Spot gold ...
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China says its manufacturing PMI came in at 50.0 for January, as expected China said on Friday its official manufacturing Purchasing Managers' Index came in at 50.0 for January, said the National Bureau of Statistics. Economists polled by Reuters had expected the official January manufacturing PMI to come in at 50.0. The official ...
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Judge orders Johnson & Johnson to pay $344 million for 'deceptive' pelvic mesh marketing A San Diego Superior Court judge on Thursday ordered Johnson & Johnson to pay almost $344 million in penalties, finding that the company had deceptively marketed its pelvic-mesh products. In an 88-page ruling, Judge Eddie C. Sturgeon said he found ...
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Altria takes $4.1 billion charge on Juul investment, revises deal terms (Reuters) - Altria Inc (MO.N) took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.
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75% of Vapes Tested From Illegal Pot Shops in Los Angeles Contained Undisclosed Additives On Monday, the California Bureau of Cannabis Control released the results of raids it made on illegal cannabis retailers in Los Angeles last December. It obtained over 10,000 illegal vape pens and tested their contents. In the samples that the agency tested, ...
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Oreo maker Mondelez says coronavirus could hurt sales in first quarter Mondelez CEO Dirk Van de Put said on Thursday that he expects first-quarter revenue to be affected by the spread of the coronavirus, which has killed at least 171 people in China and infected more than 8,200 since emerging less than a month ago.
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Alexion to its detractors: Take a look at our Soliris switching and budding pipeline Amid its push to switch patients from blockbuster to Soliris to follow-up drug Ultomiris, rare disease drugmaker Alexion has seen "unprecedented success" despite an activist investor's push for change. Alexion's response to the haters: We'll let our ...
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EXCLUSIVE-FBI probes use of Israeli firm's spyware in personal and government hacks -sources By Joseph Menn and Jack Stubbs. Jan 30 (Reuters) - The FBI is investigating the role of Israeli spyware vendor NSO Group Technologies in possible hacks on American residents and companies as well as suspected intelligence gathering on governments, ...
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ByteDance's TikTok Is Rendering Facebook's IGTV Obsolete Facebook's (NASDAQ:FB) Instagram launched its video platform, IGTV, in June 2018, and it got off to a rough start. A lack of monetization options, the initial use of a clumsy vertical format, and poor integration with Instagram's core app all prevented it from ...
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Harley-Davidson slaps Miss Worcester Diner with cease-and-desist letter WORCESTER - An online petition has quickly racked up more than 1,000 signatures in support of Miss Worcester Diner, which faces a cease-and-desist letter from Harley-Davidson for the iconic hand-painted logo atop the building's side wall.
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Rocket Lab points out that not all rideshare rocket launches are created equal The commercial rideshare model for spacefaring cargo is increasingly popular, and for good reason: It lowers the cost of launching something to space even further than companies like SpaceX have managed by splitting the available space on a rocket ...
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RAND: Curtailing illicit pot market will take 'years' It will likely take years for Massachusetts to put a dent in the illicit marijuana market, according to a researcher who found that to be the case in Washington state. Three years after state-licensed cannabis stores in Washington opened in July 2014, roughly half ...
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Wipro CEO and MD Abidali Z Neemuchwala steps down News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. To hold office until successor is appointed. EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)-- Wipro Limited ...
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Area farmers react to USMCA trade deal signing MARATHON COUNTY, Wis. (WSAW) - With the United States-Mexico-Canada Agreement now law, central Wisconsin dairy farmers are optimistic about the future of the industry, and the possibility for trade throughout North America. "I think what we're going ...
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SK Hynix Q4 profit misses forecasts, hit by prolonged chip downturn (Adds company statement) SEOUL, Jan 31 (Reuters) - South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei [HWT.UL], said on Friday its fourth-quarter operating profit slumped 95%, missing analysts' estimates, as chip prices were hit by ...
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January 31 marks National Hot Chocolate Day LANSING, MI (WILX) -- Friday, Jan. 31 marks National Hot Chocolate Day and what better way to get through a cold, winter day than to enjoy a nice, hot cup of the delicious drink. Whether you like your cup with whipped cream or marshmallows, National ...
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Vertex Pharma stock rises on earnings, outlook beat Vertex Pharmaceuticals Inc. VRTX, -0.90% shares rose in the extended session Thursday after the biotech drug maker's results and forecast topped Wall Street estimates. Vertex shares rose 2.9% after hours, following a 0.9% decline in the regular session to ...
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Join the Lottery for a 55-Year Japanese Single Malt Suntory's Yamazaki taps into the worldwide popularity of whisky from Japan, which is facing shortages. By. Lisa Du. January 30, 2020, 3:35 PM PST. 3:04. Join the Lottery for a 55-Year Japanese Single Malt. Suntory's Yamazaki taps into the worldwide ...
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Renault's new CEO will benefit from Carlos Ghosn's wild optimism Who is Luca de Meo? While not widely known, he is a consummate car executive, as Christiaan Hetzner details in his fascinating Fortune profile here. Indeed, those in the industry wonder why he hasn't gotten a top job before now. He is credited with ...
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Coronavirus contagion could adversely impact India's trade and economy: Experts A prolonged prevalence of the Coronavirus contagion in China could adversely impact India's trade and economy as it has become highly dependent on its Northern neighbor with exponential expansion of trade linkages since the outbreak of the SARS virus ...
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Hong Kong home prices slip in December as gloomy outlook weighs HONG KONG (REUTERS) - Hong Kong private home prices eased again in December, weighed down by a gloomy economic outlook of the financial hub that was hit by a series of violent anti-government protests last year. The monthly price index, in one of ...
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The unbelievable cost of growing Amazon's business Amazon.com Inc.'s latest quarterly results are another reminder of the astronomical costs associated with growing the technology giant's business. Worldwide shipping costs rose to US$12.8 billion in the fourth quarter. For the year overall, Amazon's total ...
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