Walmart reports better-than-expected Q4 earnings and revenue
Walmart announced better-than-expected fourth quarter results on Tuesday.
The retail giant reported earnings per share of $1.41 on revenue of $138.8 billion in the quarter....
Facebook broke UK law and should be regulated, says report
Facebook is under fire from British lawmakers over claims that it intentionally breached UK data privacy and anti-competition laws.
In a damning new report British...
Honda set to close its UK Swindon car plant, 3,500 jobs at risk
Honda is set to announce that it will close its Swindon car plant in 2022, with the potential loss of 3,500 jobs, according to...
Airbus has spent millions preparing for a possible no-deal Brexit
Airbus has spent millions preparing for a no-deal Brexit scenario in which the UK leaves the European Union without a deal.
Senior vice president Katherine...
Porsche warns UK customers of price hike in the event of no-deal Brexit
Porsche has warned its UK customers that they be charged up to 10% more than expected for cars delivered to Britain in the event...
Payless ShoeSource closing all of its 2,100 US stores
Discount shoe retailer Payless ShoeSource plans on closing all of its 2,100 US stores when it files for bankruptcy later this month.
According to Reuters,...
Uber reports loss of $1.8 billion in 2018, improvement from previous year
Ride-hailing giant Uber reported a loss of $1.8 billion in 2018, according to the company's self-reported financial results for the full-year released on Friday.
The...
Amazon leads $700 million investment round in EV startup Rivian
The electric car company Rivian announced a $700 million investment round led by Amazon. The round also included participation from existing shareholders.
Michigan based...
7 million Americans are behind on auto loan payments
According to the Federal Reserve Bank of New York, there are over 7 million Americans who have reached serious delinquency status on their auto...
Financial analysts help companies invest more efficiently in innovation
Companies with more financial analysts invest more efficiently in innovation and produce a higher number of better-quality patents, according to a recent study.
Researchers from...