Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and ...
Tag: business news
Facing lawsuit from Musk, nonprofit head says he won’t stop exposing Twitter’s problems
An effigy of Elon Musk is seen on a mobile device with the Twitter logo in this photo illustration on ...
Carl Icahn’s company stock drops 30% after IEP slashes quarterly dividend in half
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016.Heidi Gutman | CNBCShares of ...
Huawei plots China smartphone revival with mobile operating system upgrade
Huawei is a technology firm that manufactures and sells telecommunications equipment, consumer electronics, smart devices.CFOTO | Future Publishing | Getty ...
Hasbro sells off costly production studio, taking a page from Mattel’s playbook
A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022.Tiffany Hagler-Geard | Bloomberg | Getty ImagesFour ...
Amazon’s online advertising unit just brought in over $10 billion in the second quarter
Alain Jocard | AFP | Getty ImagesAmazon's online advertising business is getting bigger as the slumping digital ad market shows ...
Stocks making the biggest moves after hours: Apple, Amazon, Airbnb, Coinbase and more
Sheldon Cooper | Lightrocket | Getty ImagesCheck out the companies making headlines in after-hours trading.Amazon — The e-commerce giant popped ...
Amazon cloud revenue rises 12%, topping analysts’ estimates
Amazon Web Services CEO Adam Selipsky speaks at the Bloomberg Technology Summit in San Francisco on June 22, 2023.David Paul ...
Stocks making the biggest moves premarket: Qualcomm, Moderna, PayPal and more
Empty bottles of Moderna's Covid-19 vaccine.Fred Tanneau | AFP | Getty ImagesCheck out the companies making headlines before the market ...
Warner Bros. Discovery loses subscribers after Max launch, but makes headway on debt paydown
Kevin Mazur | Getty Images Entertainment | Getty ImagesWarner Bros. Discovery reported second-quarter results Thursday that fell below Wall Street ...
