Uber Technologies, Inc. News
Venture Capital Firms Have Very Bad News for Startups
Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.
Self-Driving Car Startup Loses License in California
The company was recently valued at around $8.5 billion after a $400 million investment from Toyota.
Veteran Twitter Executives Axed Ahead of Musk Takeover
Hiring freeze also being imposed as part of cost-cutting moves.
Domino's, Pizza Hut and Papa John's All Face a Big Problem
You can't blame the Noid for an issue that's affecting all the big pizza chains (and maybe your ability to get your favorite pizza).
Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel
"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.
Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending
"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.
Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion
Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.