New official figures show that inflation, the rate at which prices rise over time, fell again in March.
Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters shows, as it grapples with falling sales amid an intensifying price war for electric vehicles. The world’s largest auto maker by market value had 140,473 employees globally as of December 2023, its latest annual report shows. […]
(Bloomberg) -- ServiceNow Inc. provided an outlook for sales in the quarter that fell just short of analysts’ estimates, suggesting that corporate budgets for software purchases remain tight. The shares declined about 5% in extended trading.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapBiden’s New Chopper Is Demoted After...
This is a new partnership between the ACPL and Blessings in a Backpack.
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk commented in a post on X
TESLA lays off more than 10% of workforce (Second column, 10th story, link) Related stories:SHARES LOSE THIRD OF VALUE IN YEARMusk in a mess Drudge Report Feed needs your support! Become a Patron
International Business Machines Corp. dropped about 9% in extended trading
International Business Machines Corp. dropped about 9% in extended trading
(Bloomberg) -- International Business Machines Corp. dropped about 9% in extended trading after the company’s weak consulting unit sales disappointed investors, overshadowing its acquisition of software firm HashiCorp Inc.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House
Tickets for suburban Highland Park's 2024 Ravinia Festival in concert
Infosys Ltd. forecast tepid sales growth for the year, a sign that overseas clients are limiting tech spending until the global economy picks up speed.
(Reuters) -Harley-Davidson on Thursday reported a 23% decline in first-quarter profit, hurt by slowing motorcycle sales as high borrowing costs deter potential buyers from making expensive purchases, sending its shares down 18% in afternoon trade. The company also reaffirmed its full-year revenue growth forecast of flat to down 9% for its motorcycle business and an operating income margin of between 12.6% and 13.6%, the top end of which was in line with the year-earlier number. "We're really...