Author: super@dmin

AB InBev made a net profit for the quarter of $1.43 billion compared with $250 million for the same period a year earlier and a consensus of $1.41 billion, taken from FactSet.

Credit Suisse Group AG outlined its latest strategic plan on Thursday, its latest attempt to rehabilitate its reputation.

Earnings were significantly affected by the continued challenging market and macroeconomic conditions, said the Swiss lender.

Some people laughed at the Tesla robot prototype. But the future of the home is automation and robot-friendly help.

‘Americans’ monthly expenses have outpaced their personal income growth,” one expert said.

There’s a tax-planning strategy that doesn’t have to be reserved just for rich households, experts say.

Elon Musk told Twitter Inc. employees Wednesday that, contrary to an earlier news report, he does not plan on cutting 75% of the staff, according to Bloomberg News.

Samsung Electronics Co. saw profits slump as prices of memory chips, its main source of income, have plunged as the semiconductor industry goes through a downturn. 

In the thick of a slowdown in ad spending and with a potential recession looming, Wall Street is sending obvious signals that Google and Facebook need to tighten their belts. And it is time for executives to listen.

Zillow Group Inc. confirmed layoffs Wednesday, as the real-estate services company grapples with a slowdown in the housing market.