Tesla cuts US Model S and Model X prices

(NEW YORK) -- Electric carmaker Tesla slashed the prices of its two most expensive cars in the U.S., the automaker's website showed on Monday.The price cuts affected the performance version of the Model S and the more expensive Model X.The move follows a previous... Read More.

Tech layoffs 2023: Companies that have made cuts

(NEW YORK) -- Companies across the tech industry have announced layoffs, affecting thousands of workers in the first few weeks of 2023. Company officials have often cited economic uncertainty and fears of a recession in their job-cutting, cost-cutting decisions.It follows a volatile 2022, which... Read More.

Adidas cuts profit guidance amid Kanye West fallout

(NEW YORK) -- Adidas on Wednesday lowered its profit projections for the full year, saying its break-up with Yeezy is expected to affect its bottom line during the important holiday shopping season.Investors and shoe enthusiasts had been expected to closely watch the Adidas earnings... Read More.