Costco Q4 sales beat; stock falls amid warning of ‘weakness’ in financial reporting
Higher sales, both in stores and online, pushed up Costco’s (COST) fourth-quarter earnings, which came in line with Wall Street…
Uber launches bike-sharing programs
After a disastrous attempt with autonomous driving technology, Uber Technologies launched electric scooter sharing with the recent purchase of Jump.…
Promising diabetes drug gives Eli Lilly a shot in the arm
Pharma giant Eli Lilly & Co. (LLY) has reported positive results from the mid-stage clinical trial of its new diabetes…
Toyota and SoftBank – one more partnership in the self-driving vehicle space
Japan’s two top companies SoftBank and Toyota are planning to form an alliance named Monet which stands for mobility network.…
Walmart recalls camp axes due to injury hazard
The US Consumer Product Safety Commission (CPSC) announced Wednesday in a recall notice that Walmart (WMT) is taking back 246,000…
The world’s first production flying car will go on sale soon
Flying cars will soon be a reality as Terrafugia Transition inched closer to its debut. The automaker has started taking…
GM races past Tesla in automated driving test, clinches top spot
Tesla’s (TSLA) historic success in its core segments has been an inspiration for the entire industry, and literally every major…
International Speedway tops Q3 estimates and narrows outlook; shares drop
International Speedway Corporation (ISCA) topped market estimates on revenues and profits for the third quarter of 2018. Despite the beat,…
Being Tesla Chairman: The contenders and the challenges
With the deadline set by the Securities and Exchange Commission (SEC) for Elon Musk to step down as the Chairman…
Constellation Brands brews earnings beat in Q2
Constellation Brands Inc. (STZ) topped market estimates on sales and earnings for the second quarter of 2019. Shares were up…