profits
Neobanks’ moves toward profitability could be the path to public markets
At least a portion of the neobanking world is financially stable enough to consider public offerings.
Shares of popular American ride-hailing giant Lyft are off 1.5% today in regular trading after The New York Times reported that the company would cut some staff. TechCrunch confirmed with…
Motorola lost $3.6 billion last quarter with revnue of $7.14 billion, 26 percent down from the same time last year. The biggest decline was in mobile phones with a 51…
What a shock. I am stunned. The carrier with the coolest phones, most awesome rate plans, and best service ever, Sprint Nextel, posted a loss for Q1 of 2007. Well…
We all should know by now that the way a business makes money is by manufacturing a product at a low cost, then inflating the price by 200% and selling…
I have to admit, this news isn’t as shocking as it should be to me. Circuit City has fewer stores than Best Buy in my area and they’re always empty.…
In case you haven’t been paying attention to multiple consumer warnings about gift cards, consider this your final warning. Best Buy reported a $43 million profit for fiscal year 2006…