As Facebook’s profit doubles, CEO Mark Zuckerberg sounds off on reopening the economy too soon

Facebook reported an 18 percent increase in first-quarter revenue Wednesday, but the social media giant said it wasn’t making financial predictions because of the uncertainty caused by the coronavirus and what is expected to be the greatest economic contraction since … Read more…

AOC, Omar call for removing ‘profit motive’ from US coronavirus decisions, ‘nationalizing’ health care

In videos posted Thursday night, far-left U.S. Reps. Alexandria Ocasio-Cortez and Ilhan Omar push for a seemingly socialist overhaul of the U.S. government in reaction to the coronavirus outbreak. FOX News SPECIAL NEWS BULLETIN: Click today to request your free … Read more…

2.11.20 T-Mobile and Sprint Merger; Businesses profit sharing; Password management tools

The merger between wireless giants T-Mobile and Sprint has cleared a major hurdle as a federal judge ruled in favor of the deal. Clark explains his take for consumers, including information about the impact on home internet service. Today, we pause to salute companies … Read more…

China food delivery firm Meituan posts second straight quarterly profit since listing

Chinese food delivery giant Meituan Dianping beat market expectations to record a 44% jump in third-quarter revenue and post a second straight quarterly profit, as it gained market share and cemented its dominance in the business. Reuters: Technology News BEST … Read more…

Tesla Profit Tops Street, “highly Confident” To Meet Delivery Outlook, Shares Up

Shares of Tesla Motors Inc. (TSLA) surged 12% in extended trading session on Wednesday after the luxury electric car maker reported a surprise third-quarter profit, which trumped Wall Street estimates. Looking forward, the company said it is “highly confident” to … Read more…

Mylan quarterly profit, 2019 forecast miss Wall Street estimates — stock tanks

Generic drugmaker Mylan on Tuesday reported lower-than-expected fourth-quarter profit and forecast 2019 earnings well below Wall Street estimates, as it grapples with significant problems at its Morgantown, West Virginia, plant. Health and Science U.S.HEALTHCARE UPDATE: Click today to request your … Read more…

Tesla outsold Mercedes-Benz in the US last quarter and might actually turn a profit before 2019

Despite all of the drama surrounding Elon Musk’s tussle with the SEC, and despite Tesla’s early troubles ramping up Model 3 production, the company has slowly but steadily improved production across its entire vehicular lineup. During the recent September quarter, … Read more…