Betterment faces questions from regulator after launching checking and savings accounts
Betterment is answering questions from one of its regulators after launching a bank-like deposit product.
Betterment is answering questions from one of its regulators after launching a bank-like deposit product.
Tesla Inc on Wednesday posted a steeper-than-expected loss in its second quarter as profit margins on its vehicles narrowed, saying it still aimed for profit in the current quarter even as growth and cash took priority.
Facebook Inc beat analysts' estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle a data privacy probe the company disclosed that it faces a new U.S. government antitrust investigation.
The U.S. Department of Justice is investigating whether big technology companies are engaged in anticompetitive behavior, addressing a rising tide of criticism they have become too powerful to the detriment of consumers.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that online giant Amazon.com Inc "destroyed the retail industry across the United States."
Ryanair cabin crew in Portugal are set to strike for five days in August in a dispute over pay and conditions, the SNPVAC union said on Wednesday.
Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday.
Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker will break even, rather than post a profit, this quarter.
Facebook Inc said on Wednesday that new data privacy rules and forthcoming privacy-focused product changes would slow its revenue growth and significantly raise expenses, driving down its shares in after-hours trade even as quarterly revenue topped estimates.
U.S. sales at beauty retailer Sephora picked up in the second quarter after a sluggish end to 2018, its parent LVMH said on Wednesday, citing its continued tie-up with U.S. department store J.C. Penney .
Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analysts' expectations.
When U.S President Donald Trump tweeted in May his intention to raise tariffs on Chinese goods, management at California-based NewAir Appliances knew they needed to do something or their business would be in trouble.
Xilinx Inc said it had resumed some sales to Huawei Technologies Co Ltd but forecast current-quarter revenue below Wall Street estimates on Wednesday, citing the impact of U.S. restrictions on selling to the Chinese telecommunications firm.
Tesla Inc on Wednesday missed financial targets in its second quarter despite record deliveries of its electric vehicles, adding that the carmaker will break even this quarter, rather than post a profit.
Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company's electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer.