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Tesla profits tumble but shares rise on new vehicle plan
Tesla profits tumble but shares rise on new vehicle plan
Economy
by  AFP

Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting. Tesla is committed to "company-wide cost reduction" as part of an effort to achieve "profitable growth," it said.

Starbucks set for talks with unionized US stores
Starbucks set for talks with unionized US stores
Economy
by  AFP

Starbucks is set to hold talks with labor representatives from stores that have voted to unionize in a key step towards reaching contracts, both sides said Tuesday. "This is a positive step toward achieving our December goal of reaching ratified contracts for represented stores in 2024."