February 6, 2019

Tesla cuts Model 3 price for second time this year

Electric carmaker Tesla Inc is lowering the price of its Model 3 by $1,100, citing the end of a costly customer referral program, a company spokeswoman […]
February 6, 2019

Asian shares subdued after Trump speech, Aussie slumps

Asian shares were subdued on Wednesday after U.S. President Donald Trump’s State of the Union speech failed to give markets fresh trading catalysts, while the Australian […]
February 5, 2019

ABC and parks boost Disney profit above forecasts

Walt Disney Co reported quarterly earnings on Tuesday that handily topped Wall Street estimates thanks to a booming theme park business and growth at its ABC […]
February 5, 2019

Apple retail chief Angela Ahrendts to depart in April

Apple Inc said on Tuesday that retail chief Angela Ahrendts will leave the company in April after five years on the job, the third departure of […]
February 5, 2019

EA cuts revenue outlook after ‘Battlefield’ disappoints, shares dive

Videogame maker Electronic Arts cut its yearly revenue outlook on Tuesday after its newest “Battlefield” title sold about a million fewer units than expected, amid rising […]
February 5, 2019

Judge pauses lawsuits against cryptocurrency company Quadriga

A cryptocurrency platform that lost access to millions of dollars when its founder died with sole knowledge of company passwords has been granted a temporary reprieve […]
February 5, 2019

Uniper makes fresh start with top owner Fortum, raising M&A hopes

Uniper on Tuesday said it would start fresh talks with its biggest shareholder, Finland’s Fortum, about future cooperation, renewing investor hopes that there could be a […]
February 5, 2019

Snap user number beats Wall Street estimate, shares soar

Snap Inc said the number of people using its Snapchat app would remain at current levels this quarter, easing worries the company would continue to lose […]
February 5, 2019

1970s-era musicians sue Sony, UMG to reclaim song rights

David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music Entertainment Inc and UMG Recordings Inc of improperly refusing to […]
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