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Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

Batteries China Company Reports Discount Selling Electric and Hybrid Vehicles Musk, Elon Stocks and Bonds Tax Credits, Deductions and Exemptions Tesla Motors Inc United States

Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.

By Peter Eavis and Jack Ewing

Netflix Will End Its DVD Service After 25 Years

Bullock, Sandra Company Reports DVD (Digital Versatile Disc) Netflix Inc Sarandos, Ted

Netflix Will End Its DVD Service After 25 Years

Sending DVDs through the mail, in recognizable red-and-white envelopes, helped the company become a behemoth in Hollywood.

By Nicole Sperling

Goldman Sachs Sheds Consumer Loans as Losses Mount

Banking and Financial Institutions Company Reports Goldman Sachs Group Inc Solomon, David M

Goldman Sachs Sheds Consumer Loans as Losses Mount

The Wall Street bank sold off some loans from its consumer-banking arm, Marcus, revealing a nearly $500 million loss in the business.

By Rob Copeland

Charles Schwab’s Deposits Shrink, but Profits Grow Faster Than Expected

Banking and Financial Institutions Bettinger, Walter W II Charles Schwab Corporation Company Reports Financial Brokers

Charles Schwab’s Deposits Shrink, but Profits Grow Faster Than Expected

The brokerage giant, which has been swept into the turmoil surrounding the banking sector, seemed to ease fears about its financial health in its latest earnings report.

By Tara Siegel Bernard