The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to see profitability in most of the markets in...
Profits are being pushed over progress as Silicon Valley investors start reeling in the billions that startups have come to expect, The...
Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov....
A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with...
Losses at some HSBC businesses are causing the bank — Europe’s largest — to restructure, CNBC reported Monday (Oct. 28). HSBC posted...
With additions to its internet subscribers but a loss in video users, Comcast Corp. came out ahead of Wall Street estimates for third-quarter profits....
German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according...
Famous investor Jim Chanos, founder of Kynikos Associates, said that Grubhub, a food delivery company, makes barely anything per order and that...
Paytm is perhaps the largest and best-known domestic name in mobile payments in India, but it continues to struggle on the path...
The 10-year-old Gurgaon-headquartered mobile payments firm MobiKwik has hit its profit goals and is now making money, as reported on Tuesday (Sept....
Today’s news is something of a departure from the more mournful tone of Macy’s Q4 earnings release, when a holiday shopping season...
New tariffs imposed by China could cause Apple’s iPhone production costs to rise as much as 3 percent, and negatively impact the...
Credit card losses at the biggest banks are outpacing auto and home loans, with the biggest margin seen in the last 10...
General Motors reported quarterly profit that was higher than expected on Tuesday (April 30), and the company said its shares were helped...
Blue Apron continued to shed customers in the first quarter of 2018, but it reported a smaller net loss for the period...
H&M, the world’s second-largest retailer, reported a smaller than expected decline in profit for the first quarter. According to a report in...
Lyft, the ride-hailing startup that’s going public via an initial public offering later this week, is shaping up to have lodged the...
Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits,...
Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s recovery is being called into question as data...
Bitwala is teaming up with Germany-based solarisBank to roll out a blockchain bank account, CoinDesk reported. While the service is targeted for...
Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as the nation continues its crackdown on bank misconduct,...
Automaker Tesla Inc. is reportedly seeking partial refunds from suppliers it’s already paid in an effort to become profitable more quickly, according...
Social Finance (SoFi), the FinTech lending company, said late last week that customers are missing their loan payments at a rate that...
Uber has reported a 16 percent increase in quarterly bookings—and a smaller loss than the previous period—as the company showed signs of...
As the holiday shipping (not to be confused with shopping) season kicks into high gear, straining major shipping and logistics providers, FedEx...
Burberry’s fiscal fabric is bunching. The London-based fashion company just posted a significant drop — 40 percent — in its fiscal profits,...
Smartphones may be behind the most recent earnings estimates offered up by South Korea’s technology titan Samsung Electronics. As reported Tuesday (July 7) by...