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Tesla gives investors hope of profitability

Tesla said it would build up to 55,000 Model 3s in the current quarter at a positive gross margin, buoying hopes that the electric vehicle maker will meet its goal of profitability and positive cash flow in 2018. Jane Lanhee Lee reports......»»

Category: videoSource: reutersAug 2nd, 2018

Shares of Elon Musk's Tesla could sink 30 percent in next 12 months, UBS analyst says

Tesla shares could be in for a rough ride, a UBS analyst says. The problem: the electric-car maker won't turn a profit again next year, the Wall Street firm says.  .....»»

Category: topSource: usatodayJul 30th, 2018

Building near downtown arena to be rehabbed for future restaurant

After a few years of courting buyers for an 1888 brick and timber building north of the Milwaukee Bucks new arena, Jeffrey Koenig is moving ahead with a renovation project now, and hopes to find a restaurant operator to move in later. Koenig said the t.....»»

Category: topSource: bizjournalsJul 23rd, 2018

Tesla asks suppliers for cash back to help turn a profit

Tesla has asked some suppliers to refund a portion of what the electric-car company has spent previously, an appeal that reflects the auto maker’s urgency to sustain operations during a critical production period......»»

Category: topSource: moneycentralJul 23rd, 2018

Tesla Asks Suppliers for Cash Back to Help Turn a Profit

Tesla has asked some suppliers to refund a portion of what the electric-car company has spent previously, an appeal that reflects the auto maker’s urgency to sustain operations during a critical production period......»»

Category: smallbizSource: wsjJul 22nd, 2018

General Electric plunges on weak cash flow

With profits sagging in recent years, GE has pursued an aggressive restructuring plan under CEO John Flannery......»»

Category: topSource: foxnewsJul 20th, 2018

Roommate app lands new cash

Roomors, the New York- based housing solution for young professionals, has completed an investment round lead by Thayer Street Partners. The co-living startup provides the cityʼs young professionals with turn.....»»

Category: realestateSource: realestateweeklyJul 6th, 2018

Has General Electric Hit Bottom? Cramer Says No

General Electric Company (NYSE: GE)'s rough track record over the past few years turned worse this week when the Dow Jones Industrial Average booted the company's stock. With the stock trading at multiyear lows, the worst has to be over, right? read more.....»»

Category: blogSource: benzingaJun 21st, 2018

Ford's plan to turn Detroit's oldest neighborhood into an electric, AV hub - TechCrunch

TechCrunchFord's plan to turn Detroit's oldest neighborhood into an electric, AV hubTechCrunchFord will spend the next four years transforming at least 1.2 million square feet of space in Corktown — Detroit's oldest.....»»

Category: topSource: googlenewsJun 19th, 2018

Electric Vehicle Startup Byton Raises $500 Million in Funding to Meet Production Goals

It hopes to begin rolling out prototype cars early next year. Chinese electric car startup Byton is build.....»»

Category: europeSource: fortuneJun 11th, 2018

Electric vehicle startup SF Motors takes over Indiana plant

An electric vehicle startup announced Wednesday that it is retooling an Indiana factory and hopes to conduct trial runs for two new lines of vehicles by the end of the year......»»

Category: topSource: foxnewsMay 30th, 2018

Baltimore startup Hungry Harvest continues rapid growth, expands beyond East Coast

CEO Evan Lutz said he hopes to grow the company to be in 30 cities across the country over the next four years......»»

Category: topSource: bizjournalsMay 29th, 2018

2018 Small Business Award winner: Bye Aerospace

Electric planes are the aircraft of the future, according to Bye Aerospace, and that means cleaner air, greater affordability and, Bye hopes, more pilots. The company’s electric planes are the brainchild of CEO George Bye, a former U.S. Air Force .....»»

Category: topSource: bizjournalsMay 24th, 2018

The future of digital currency, AI, space travel and food and drink

‘In five years in the US people will not really be using cash in major metropolitan centers’.....»»

Category: topSource: marketwatchMay 20th, 2018

CZero Mobility All Set to Launch an Initial Coin Offering (ICO) June 10

CZero Mobility, a disruptive EV startup company focused on a sustainable and affordable electric mobility future in the cost sensitive Indian and South East Asian markets, is launching their ICO on June 10. The .....»»

Category: topSource: livetradingnewsMay 17th, 2018

Xerox Deal to Combine With Fujifilm Dies, Leaving US Company With Difficult Future

The collapse of a merger of Xerox with an arm of Japanese company Fujifilm leaves troubled Xerox with a difficult future, after years of efforts by a string of executives to turn around its business......»»

Category: blogSource: 247wallstMay 14th, 2018

Uber says its fleet of flying taxis is just around the corner

Uber Technologies Inc. CEO Dara Khosrowshahi unveiled Uber Air, its vision of a fleet of autonomous, all-electric flying taxis it hopes to have up in the air in two years. The design prototypes are on display at the Uber Elevate Summit in Los Ange.....»»

Category: topSource: bizjournalsMay 8th, 2018

scPharmaceuticals Still Trading Below Cash, But Future Is Unclear

scPharmaceuticals Still Trading Below Cash, But Future Is Unclear.....»»

Category: topSource: seekingalpha2 hr. 23 min. ago

Europe is an Economic Disaster

Greece will formally turn the page on its debt saga this week, but the eurozone remains vulnerable to further crises, with economists particularly worried about the situation in Italy. Aft.....»»

Category: topSource: livetradingnews10 hr. 7 min. ago

Airlines are using these 5 planes to replace the Boeing 747 jumbo jet (BA)

Lufthansa The Boeing 747 jumbo jet's days as a passenger plane are numbered. In fact, Boeing admits that the future of the 747 is as a cargo plane.  Over the past few years, many 747 operates have either retired or made plans to retire their .....»»

Category: topSource: businessinsiderAug 18th, 2018