Tag: Financial Performance
After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
DETROIT -- While sales of electric vehicles surge in China, adoption of more environmentally friendly vehicles is stumbling in the United States and...
Best Buy reports another quarterly sales decline amid pull back on gadget spending
NEW YORK -- Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their...
Macy's says employee hid up to $154 million in expenses, delays Q3 earnings
Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and said it's delaying the release of its quarterly earnings results after it...
Atlantic City casino earnings fall nearly 14% in 3rd quarter
ATLANTIC CITY, N.J. -- Atlantic City's casinos saw their operating profits decline by nearly 14% in the third quarter of this year, figures...
Ford to cut 4,000 jobs in Europe as it faces economic headwinds and weak EV sales
FRANKFURT, Germany -- Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of...
Target struggles in the third quarter despite price cuts
NEW YORK -- Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on...