Business

Tesla reports quarterly margin below estimates
Business

Tesla reports quarterly margin below estimates

April 19 (Reuters) – Tesla Inc (TSLA.O) boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy.The company posted its lowest quarterly gross margin in two years, missing market… […]

Morgan State University students win Zillow’s HBCU Hackathon with app that measures financial credibility outside of credit scoring
Business

Morgan State University students win Zillow’s HBCU Hackathon with app that measures financial credibility outside of credit scoring

Second-annual competition challenged participants to develop new technologies to help consumers during their journey to find a home., /PRNewswire/ — Zillow’s second HBCU Housing Hackathon, which drew more than 200 students from Historically Black Colleges and Universities (HBCUs), awarded top prizes to teams that developed innovations to help renters and first-time buyers find their dream… […]

Nike Air Jordans are losing resale value. Is sneaker culture moving on?
Business

Nike Air Jordans are losing resale value. Is sneaker culture moving on?

The famous Nike swoosh and Air Jordan logo is seen on an Air Jordan 1, called “Notorious” released from 1984-1985, during a preview for “The Rise of the Sneaker Culture” exhibit at the Brooklyn Museum in the Brooklyn borough of New York, July 8, 2015. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNEW YORK, Sept 27 (Reuters)… […]

Analysis: Tesla’s rivals scrap for thin slices of US EV sales
Business

Analysis: Tesla’s rivals scrap for thin slices of US EV sales

[1/2]The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. September 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 27 (Reuters) – Ford Motor’s (F.N) decision to hit the brakes on a planned $3.5 billion battery plant… […]

Volkswagen hit by IT outage, brand vehicle production in Germany halted
Business

Volkswagen hit by IT outage, brand vehicle production in Germany halted

A technician works on a model of Volkswagen ID.4, at the production line for electric car models of the Volkswagen Group in Zwickau, Germany, April 26, 2022. REUTERS/Matthias Rietsche/File Photo Acquire Licensing RightsFRANKFURT, Sept 27 (Reuters) – Volkswagen (VOWG_p.DE) said it was hit by a major IT outage on Wednesday, causing production at the carmaker’s… […]

Airbnb CEO urges Parisians to put homes up for rent for Olympics
Business

Airbnb CEO urges Parisians to put homes up for rent for Olympics

PARIS, Sept 26 (Reuters) – Airbnb is expecting to host up to half a million people in Paris during the 2024 Olympics and is urging more Parisians to put their homes up for rent, Chief Executive Officer Brian Chesky said on Tuesday.The more listings there are, the more prices will be contained, Chesky told Reuters,… […]

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Business

Belgium Consumer Confidence Index fell from previous -11 to -27 in September

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