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Georges Kern, who has led Breitling under new ownership since 2017, overseeing a more than doubling of annual sales to above CHF 800 million, according to analyst estimates, and one of the most dramatic turnarounds in modern watchmaking, becomes the new CEO of the House of Brands, overseeing the three marques and their leadership in…
Tesla reported a surprise positive free cash flow in the first quarter on Wednesday, defying expectations for cash burn as the electric-vehicle maker is yet to ramp up spending on artificial intelligence and manufacturing capacity. Source link
IBM CEO Arvind Krishna appears at a Diwali celebration in the Oval Office of the White House in Washington on Oct. 21, 2025. Allison Robbert | Bloomberg | Getty Images IBM shares slipped 6% in extended trading on Wednesday after the hardware, software and consulting provider reported stronger-than-expected first-quarter results but maintained full-year guidance. Here’s…
Independent journalist Brandi Kruse joins ‘Varney & Co.’ to discuss Seattle mayor-elect Katie Wilson’s struggles with business as her ‘progressive tax revenue’ and jobless pay for striking workers have citizens worried about the economy. Seattle could lose hundreds of millions of dollars in tax revenue as Starbucks expands operations in Tennessee, a local outlet estimates. …
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Tesla (TSLA) reported first quarter earnings that topped estimates after the bell on Wednesday, with Wall Street focused on the company’s slow-to-evolve Robotaxi rollout and capital expenditures, which are expected to balloon due to the company’s AI ventures. Tesla reported revenue of $22.39 vs. $22.08 billion per Bloomberg consensus, down 9% year over year. Tesla…
Elon Musk waves to the crowd during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 22, 2026. Denis Balibouse | Reuters Tesla reported first-quarter earnings on Wednesday that beat analysts’ estimates even as revenue came in weaker than expected. The shares initially rose about 4% in extended trading but gave up their…
OpenDoor Technologies CEO Kaz Nejatian discusses the company’s surging stock amidst a new ‘Trump homes’ program to boost housing affordability for first-time buyers. He highlights AI integration to streamline home buying and selling processes. A common narrative suggests that the housing crisis is a young person’s problem, with Gen Z and millennials bearing the brunt…
