Tag: Financial Performance
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
TOKYO -- TOKYO (AP) — Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and...
Nintendo reports lower profits as demand drops for its aging Switch console
TOKYO -- Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60% in the first...
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
OMAHA, Neb. -- Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of...
Financial market worries over the UK budget appear to ease
LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British...
Security tech company Evolv fires its chief executive
NEW YORK -- Amid the backdrop of a sales misconduct investigation and other looming legal troubles, security technology company Evolv is now firing...
Samsung reports 'major' progress in supply deal for AI chips
SEOUL, South Korea -- Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors...