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Nokia to Cut 14,000 Jobs in Major Overhaul at Telecom Giant
Posted inCellular Telephones Company Reports Computers and the Internet Europe Finland Layoffs and Job Reductions Nokia Oyj

Nokia to Cut 14,000 Jobs in Major Overhaul at Telecom Giant

After a disappointing quarter, the Finnish technology company announced significant spending cuts.
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Posted by By Jin Yu Young
Tesla’s Price Cuts Lowered Its Profit
Posted inChina Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Musk, Elon Tesla Motors Inc United States

Tesla’s Price Cuts Lowered Its Profit

The carmaker made less money in the third quarter as it cut car prices to attract buyers amid stronger competition.
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Posted by By Jack Ewing
Netflix Adds 9 Million Subscribers in Third Quarter
Posted inCompany Reports Movies Netflix Inc Prices (Fares, Fees and Rates) Television Video Recordings, Downloads and Streaming Web-Original Programming

Netflix Adds 9 Million Subscribers in Third Quarter

The streaming service also said its premium ad-free service will now cost $22.99 a month. Its option with ads costs $6.99 a month.
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Posted by By Nicole Sperling
For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch
Posted inBank of America Corporation Banking and Financial Institutions Company Reports Goldman Sachs Group Inc Solomon, David M

For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch

The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its turnaround.
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Posted by By Rob Copeland

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