Selling Porsche 911s should be the equivalent of an international currency printing press, but even executives in Stuttgart are feeling the pain of a challenging trade year. At least that's what ...

Banks could save huge amounts in operating costs through artificial intelligence (AI), but the technology will eventually erode their profits, as AI agents make recommendations to customers. According ...

Shares of Alaska Air Group (NYSE:ALK) are trading defensively early Friday as the carrier’s below-consensus profit outlook overshadowed mixed third quarter results. The higher costs for fuel, labor, ...

Italian major Eni has increased its share buyback for the year by one-fifth, the company said on Friday, after its third-quarter result beat analyst expectations. Eni said it now aims to hit €1.8 ...

The aluminum producer cites challenging overall conditions, though its recycled-content Extrusions business unit widened its profits. Hydro cites higher primary aluminum and alumina volumes as a ...

Alaska Air Group’s profits dropped in the third quarter this year as the airline navigated an IT outage that briefly took down its network, and a summer of thunderstorms on the East Coast. Alaska ...

The last 12 months have been pretty depressing for anyone invested in the long-term future of Xbox and the general health of the games industry. Back in May, Microsoft laid off 3 percent of its global ...

Posts from this topic will be added to your daily email digest and your homepage feed. The gaming division is reportedly under pressure to hit targets well above the industry average. The gaming ...

Tesla shares slid 5% as trading opened Thursday after Elon Musk’s automaker reported sinking profits through its third quarter, despite setting a sales record as a federal tax credit for electric ...

For the last two years, Microsoft’s video game division has been working to meet financial targets that are well in excess of the typical industry standard, which has led to waves of layoffs, canceled ...

The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring stocks and a return to more dealmaking after a long drought.