A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN
Tag: company activities and management
Here’s why you should always wait for the earnings call | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN
Goldman Sachs CEO got 30% pay cut — but still made $25 million | CNN Business
New York CNN — Goldman Sachs had a rough year in 2022. And CEO David Solomon was punished for that. Sort of. The investment banking giant said in a Securities and Exchange Commission filing Friday that Solomon received $25 million
Mercedes leapfrogs past Tesla on automated highway driving | CNN Business
CNN — Mercedes-Benz will take a step towards offering a self driving car in the United States, or at least in some states, when it begins selling cars featuring its new Drive Pilot system later this year. Mercedes’ Drive Pilot
Chevron earnings soar to a record | CNN Business
New York CNN — Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6 billion Chevron earned in 2021 and up 36% from its previous
Southwest posts quarterly loss and warns more losses are ahead after service meltdown | CNN Business
New York CNN — Southwest Airlines reported a loss for the fourth quarter because of the company’s service meltdown over the holiday travel season, and it warned the costs from those problems will result in another loss in the first
Here’s what Boeing blames for its big loss | CNN Business
New York CNN — Boeing reported a $650 million operating loss in the fourth quarter, surprising Wall Street analysts who had expected the aircraft giant to turn a profit. The company blamed the unexpected loss on “abnormal production costs” as
‘This is the last thing we need:’ Millions of businesses hammered by the pandemic need to start paying back Covid loans | CNN Business
CNN — At Teddy & The Bully Bar restaurant near downtown Washington, DC, business has never been the same since the pandemic hit. “It’s very challenging,” owner Alan Popovsky said. “I’m still going to be climbing the hill for quite
A galactic merger brought a pair of supermassive black holes together | CNN
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN — Two supermassive black holes have been spotted feasting on cosmic materials as two galaxies in distant space merge
