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While losses mount, Uber CEO expects profitability in 2021
CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021.
US trade deficit falls to its lowest level in 5 months
The U.S. trade deficit fell in September to the lowest level in five months.
Sources: China wants US to drop tariffs on $360B of imports for trade deal
China is seeking the roll back of U.S. tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the U.S. to sign a partial trade deal with President Donald Trump, according to people familiar with the matter.
Analysis: Thailand is a 'leading beneficiary' of US-China trade war
There has been "plenty of evidence" of companies seeking to shift production out of China into countries among the Association of Southeast Asian Nations, says Clive McDonnell of Standard Chartered Private Bank.
Pros and cons to buying Apple stock
AAPL was near 52-week lows to start 2019. Today, shares are hitting all-time highs. Is it still a buy?
Energy companies say oil glut (and shrinking profits) aren't over
The world is still producing too much oil, while slowing global growth is also providing headwinds
This CEO Overcame a Major Setback By Knowing When to Say 'No'
After less than a year, Revelry founder and CEO Michelle DeLoach made the tough decision to shut down her company's line of bridal wear. But knowing when to cut your losses is one of the hardest things to do as an entrepreneur, says M.M. LaFleur founder and CEO Sarah LaFleur. Her best advice? Always listen to your customers.
McDonald's CEO fired over relationship with employee
The fast food giant said in a statement Steve Easterbrook had "separated" from the company.
President Trump threatens to slash funds to fight California wildfires
President Trump praised California firefighters but criticized Gov. Gavin Newsom in a series of tweets.
For many US farmers who planted hemp, CBD boom leaves bitter taste
Thousands of U.S. farmers who rushed to plant newly legal hemp crops in hopes of cashing in now can't find buyers after the first harvest.
The American sedan is dead. So what comes next?
For decades, these cars ruled American roads. But changes in design and consumer taste doomed them. It’s just about over for the American sedan.
Amazon spends $1.5 million on Seattle politics
Amazon gets political in Seattle
Apple commits $2.5 billion to help combat California housing crisis
The housing crisis in San Francisco is all too real, and Apple is now looking to help. Nathan Rousseau Smith has the story.
Uber's road to profitability
Oppenheimer's Jason Helfstein looks ahead to Uber's earnings announcement after the bell. The stock's slid more than 30 percent since its IPO on May 10th.
Avocado prices have boomed in the last decade. Here's why they are so expensive
Avocado has become one of the world’s trendiest foods, but they require an extraordinary amount of costly resources and labour in order to grow.
Space capsule blasts off during abort engine test in New Mexico
Boeing tested the abort engines for its Starliner crew capsule at the Defense Department's White Sands Missile Range in New Mexico. The test sent the unmanned capsule to a height of more than 4,000 feet to prove the spacecraft can safely propel a crew to safety in the event of a catastrophic booster failure.
The timber architecture revolution has almost arrived in Norway
Forest-rich Norway is a leader in building with lower-carbon structural wood. But it still lacks factories that can turn trees into building parts.
An energy breakthrough could store solar power for decades
Researchers in Sweden have created a molecule that offers a way to trap heat from the sun.
Why Trump's tariffs haven't revitalized American steelmakers
Trump's 25% tariffs have done little for the people they were supposed to help.
Obscure model puts price on good health, lowering drug costs
The concept, called QALY, places a dollar value on the health that medicines can restore. The calculations are starting to influence decision making.
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