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Tesla Shares Fell Amid Model 3 Skepticism

Tesla Inc NASDAQ: TSLA Tesla shares fell as Goldman Sachs lowered its outlook for the company. An analyst at the bank dropped the company from neutral...
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Samsung Group Indictments Imminent

Samsung Electronics Co Ltd KRX: 005930 Samsung Group indictments are imminent. South Korean special prosecutors will indict Lee Jae-yong, the vice chairman of Samsung Electronics Co....
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Tesla Model 3 Poses Unique Challenge for Automaker

Tesla Inc NASDAQ: TSLA Some business writers believe the Tesla Model 3 may become the worst thing to happen to the automaker. The Tesla Model 3,...
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Berkshire Hathaway Annual Letter Gives Upbeat View of U.S.

Today, the Berkshire Hathaway annual letter sounded upbeat in defense of the American economy. Berkshire Hathaway gained higher quarterly profit. But operating income dropped. Buffett...
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VW Emission Scandal Does Not Hamper 2016 Profit

Volkswagen AG Preference Shares ETR: VOW3 Despite hardship and scandal, the VW emission scandal did not prevent the company from posting a profit last year. Car...
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Samsung Vice Chairman Held in Prison Cell

Samsung Electronics Co Ltd KRX: 005930 Samsung vice chairman Jay Y Lee remains imprisoned while questioning continues for alleged bribing of South Korea's president. But Lee...
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JC Penney To Close Stores, Annual Profit Up

J C Penney Company Inc NYSE: JCP JC Penney will close 130 to 140 stores and two distribution centers in the coming months. The retail chain...
nvidia shares fell

Nvidia Shares Fell After Analysts Downgrade Stock

NVIDIA Corporation NASDAQ: NVDA Nvidia shares fell nearly 10 percent to a three-month low yesterday. The drop happened after analysts downgraded Nvidia stock. "We believe consensus is...
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Lyft Enters New Markets As Uber Stumbles

Lyft enters new markets as Uber stumbles across the globe. Reports say this marks the company's largest expansion yet. Almost 300 U.S. cities can...
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Nissan Motors CEO Carlos Ghosn Leaves Role

Nissan Motor Co Ltd TYO: 7201 Nissan Motors will have a new CEO as of April 1, 2017. Hiroto Saikawa, currently the co-CEO, will take over...