Showing 1 - 10 of 172
Washington Post CEO out after sweeping job cuts
AFP, Published on 08/02/2026
» WASHINGTON - The Washington Post announced on Saturday its CEO and publisher Will Lewis was leaving effective immediately, just days after the storied newspaper owned by billionaire Amazon founder Jeff Bezos made drastic job cuts that angered readers.
Tesla profits tumble on lower EV sales, AI spending surge
AFP, Published on 29/01/2026
» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.
High-flying tech hits potholes in India’s Silicon Valley
AFP, Published on 27/11/2025
» BENGALURU, India - In India’s tech capital, the morning “rush hour” lasts so long it devours half the workday, throttling productivity in a city often viewed as the poster child of a booming economy.
Ford sees $1.5 billion tariff hit this year, suspends 2025 forecast
AFP, Published on 06/05/2025
» NEW YORK — Ford reported a 65% drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty.
Musk to reduce White House role as Tesla profits plunge
AFP, Published on 23/04/2025
» NEW YORK - Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire announced Tuesday as the electric vehicle maker reported a 71 percent drop in first-quarter profits.
Los Angeles wildfires cost Lloyd's of London $2.3bn
AFP, Published on 11/03/2025
» LONDON - Insurance market Lloyd's of London on Monday said it had taken a financial hit totalling about $2.3 billion from the Los Angeles wildfires earlier this year.
Apple sales lose ground, but iPhone growth strong
AFP, Published on 03/11/2023
» SAN FRANCISCO - Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.
Ford estimates US strike impact at $1.3bn
AFP, Published on 27/10/2023
» NEW YORK - Ford on Thursday said the need to restore manufacturing operations outweighed the additional costs to sweeten a labour contract to end a strike that has cost it some US$1.3 billion.
BP chief Bernard Looney resigns over transparency issues
AFP, Published on 13/09/2023
» LONDON - British energy giant BP said Tuesday that its chief executive Bernard Looney has resigned "with immediate effect", after admitting he had not been "fully transparent" about historical relationships with colleagues.
For Trump, the more indictments, the more loyal his fans
AFP, Published on 01/08/2023
» WASHINGTON - As mushrooming criminal probes threaten his political ambitions and his liberty, Donald Trump has been able to console himself with one encouraging constant: blockbuster polling numbers.