Coinbase rides cryptomania to a $1.6 billion quarterly profit.
Coinbase, the cryptocurrency exchange, said on Tuesday that its quarterly revenue soared by more than 1,000 percent and profits skyrocketed nearly 4,900 percent [...]
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BMW and Stellantis report big jumps in profit as car sales snap back.
The global car market is rebounding strongly despite shortages of key components like semiconductors. That was the message Tuesday from German carmaker BMW [...]
Chip shortages force German carmakers to throttle production even as demand recovers.
The global semiconductor shortage is disrupting production in the German car industry just as demand rebounds strongly from the pandemic-induced downturn. Automakers Daimler [...]
Tesla’s sales more than doubled in the second quarter.
Tesla, the electric carmaker, sold 201,250 cars in the second quarter, twice as many as in the same period a year ago, the [...]
G.M. will increase production of cars and trucks as the chip shortage eases.
By Neal E. Boudette General Motors said Thursday it expected to increase shipments of pickup trucks and other vehicles to dealers over the [...]
Tesla earnings are expected to be solid.
By Neal E. Boudette Tesla on Monday is expected to report solid earnings for the first quarter of 2021, a result driven by [...]
G.M. sales rose in the first quarter but a chip shortage is hurting production.
By Neal E. Boudette General Motors reported a modest rise in car sales in North America for the first quarter, but its operations [...]
Tribune Publishing, facing an acquisition, adds to cash holdings and digital revenue.
Tribune Publishing, which owns The Chicago Tribune, The Daily News and seven other metropolitan dailies, added substantially to its digital subscribers and digital [...]