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Tesla increases wages at German gigafactory by 4%

BERLIN (Reuters) – Tesla (NASDAQ:TSLA) has raised the wages of all employees at its gigafactory outside Berlin by 4% since the start…
Stock

Earnings call: Sensata Technologies reports Q3 decline and strategic shifts

Sensata Technologies (NYSE: ST), a leading industrial technology company, reported a slight decline in its third-quarter revenue for 2024 during its earnings…
Stock

Dollar Tree shares jump after CEO Rick Dreiling steps down

Investing.com — Shares in Dollar Tree (NASDAQ:DLTR) rose in premarket US trading after the budget store chain announced that Chief Executive Rick Dreiling…
Stock

Earnings call: Fabrinet reports robust Q1 growth, eyes future expansion

Fabrinet (NYSE: NYSE:FN), a leading provider of advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services, has reported a strong…
Stock

Earnings call: Medifast reports Q3 decline, plans strategic pivot

Medifast Inc. (NYSE: NYSE:MED), a global health and wellness company, faced a challenging third quarter in 2024 with a significant decline in…
Economy

China industrial profits plunge in September, extending slump

BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on…
Economy

Taiwan reports Chinese ‘combat patrol’ after Beijing slams US arms deal

By Ben Blanchard and Ryan Woo TAIPEI/BEIJING (Reuters) -Taiwan’s defence ministry said on Sunday that Chinese warplanes and warships had carried out…
Economy

Washington Post reports Elon Musk briefly worked illegally in US in 1990s

WASHINGTON (Reuters) – The Washington Post reported on Saturday that South African-born billionaire businessman Elon Musk worked illegally in the United States…
Economy

60% tariff on Chinese goods could slash GDP growth by 2.4%, Citi warns

Investing.com — As per analysts at Citi Research, if a 60% universal tariff were imposed on Chinese goods entering the U.S., the…
Stock

US election uncertainty is no reason to exit the market: UBS

Investing.com — As the U.S. presidential election draws closer, UBS analysts believe investors should stay the course, emphasizing that market uncertainty is unlikely…
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