Category: Business News

Toyota Motor on Wednesday said it has started production at a new $13.9 billion battery plant in North Carolina and confirmed plans to invest up to $10 billion more than…

Sony, raised its operating profit forecast for the year ending March 2026 by 8% to 1.43 trillion yen ($9.5 billion) on Tuesday, citing a smaller-than-expected impact from U.S. tariffs and…

Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a “new benchmark for the brand’s design and ambition.” The first-generation Telluride has been a standout…

President Donald Trump on Thursday announced deals with Eli Lilly and Novo Nordisk to slash the prices of some of their obesity drugs, including upcoming pills, in a landmark effort to expand…

Doordash’s stock plummeted 17% for its worst session ever as investors rejected the company’s aggressive spending strategy. The food delivery platform said it plans to shell out “several hundred million…

Duolingo ’s stock cratered 25% on lighter-than-expected guidance as the language learning platform zeroed in on user growth in lieu of near-term monetization. Shares suffered their biggest one-day decline on record. “We…

Meta projected that 10% of its overall sales in 2024, or about $16 billion, came from running online ads for scams and banned goods, according to a Thursday report from Reuters.…

Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance. Here’s how…

Pinterest shares plummeted 21% on Wednesday after lackluster third-quarter earnings as advertising took a hit from larger retailers dealing with tariffs. The stock had its second-worst day ever, behind only a…

Uber shares fell 5% on Tuesday even after the ride-hailing company beat Wall Street’s third-quarter revenue expectations. Earnings per share: $3.11. It was not immediately clear if that was comparable to…