Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.
Snap Shares Plummet After Q4 Earnings Report
The Snapchat parent company’s revenue for the fourth quarter was up from a year ago, but it had missed Wall Street’s expectations.
Posted inCompany Reports Computers and the Internet Layoffs and Job Reductions Mobile Applications Snap Inc
Snap Lays Off 10% of Its Work Force
The company laid off more than 500 of its employees on Monday, or about 10 percent of its global work force.
Meta’s Stock Surges After Jump in Profits
The trillion-dollar social media giant’s market value soared after it reported a robust profits driven by digital advertising.