Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs
The latest cuts could impact 30% or more of the ride-sharing company’s more than 4,000 employees.
P&G Earnings Powered by Higher Prices, Again
The maker of Tide and Gillette increased product prices by 10% in the quarter that ended in March.
Tesla raises Model S and Model X prices after margin pressure dents stock
After a series of cuts this year, Tesla Inc. has upped the prices on some of its vehicles.
Volkswagen Pivots to North America as Europe Loses Its Shine
Europe’s largest car maker said it would invest more than $5 billion in its planned battery-cell factory in Canada, adding to a $2 billion EV plant coming to South Carolina.
After SpaceX’s Starship Explosion-Debris, Data and Analysis
Elon Musk’s company, along with regulatory and environmental agencies, is taking stock after the Starship rocket exploded a few minutes after lifting off in southern Texas.
HCA Smashes Earnings Expectations. The Stock Is the S&P 500’s Top Performer.
Same-facility admissions, emergency room visits, and inpatient surgeries lift the hospital chain’s earnings.
Elon Musk Sows Confusion on Twitter After Removing Legacy Check Marks
Kim Kardashian and Oprah lost their checks, LeBron James kept his and the NYC government account got impersonated.
SLB Sees ‘Solid’ Outlook and Beat Earnings Expectations. But the Stock Is Down.
Higher crude prices and a squeeze on supplies helped boost demand at the oil-field services company.
Rakuten Bank’s Explosive Market Debut Is Justified
Shares of Japan’s largest internet bank jumped 38% following its IPO, the country’s biggest public offering since 2018.
Nobody Told Mercedes-Benz About Elon Musk’s Price War
The German brand reported a very strong first quarter, but investors are still waiting for the great reset.
(END) Dow Jones Newswires
April 21, 2023 15:15 ET (19:15 GMT)
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