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Tesla Shares Crashing After Consumer Reports Pulls Model S Recommendation
Tuesday, October 20, 2015 - 1:36pm | 435Shares of Tesla Motors Inc (NASDAQ: TSLA) plunged lower by more than 6 percent early Tuesday afternoon. Consumer Reports withdrew its Model S recommendation. Consumer Reports, citing poor reliability, slapped the car with a "worse-than-average" rating. Shares of Tesla heavily sold off by more...
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LA Times Editor On Tesla Story: 'Not Defending The Story, Because It Speaks For Itself'
Tuesday, June 2, 2015 - 12:11pm | 458Los Angeles Times recently published a story that highlighted how companies founded by Elon Musk – Tesla Motors Inc (NASDAQ: TSLA), SolarCity Corp (NASDAQ: SCTY) and SpaceX – have received about $4.9 billion in government support. Following this, Musk spoke with CNBC and denied that...
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Watch Out, Mickey D's: Jack In The Box Is Making Some Serious Gains
Monday, April 14, 2014 - 3:20pm | 542As McDonald's (NYSE: MCD) and Taco Bell (NYSE: YUM) fight over the very lucrative fast-food breakfast market, they might want to watch their backs – Jack in the Box (NASDAQ: JACK) is gaining on them. The San Diego-based company operates more than 2,250 Jack in the Box outlets in 21 states. Its...
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Disney Cuts Pixar's Workforce After Film Delay
Monday, November 25, 2013 - 12:58pm | 496Pixar's The Good Dinosaur has proved to be very bad for the animation studio's workforce. According to the LA Times, Disney (NYSE: DIS) has laid off an "undisclosed number of people" at Pixar's headquarters in Emeryville, California. The layoffs are being blamed on the delay of The Good Dinosaur,...
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Apple Could Make 'Hundreds of Millions' in L.A. School Deal (AAPL)
Wednesday, June 19, 2013 - 1:35pm | 491The Cupertino, California-based tech giant has persuaded the Los Angeles Unified School District to purchase iPads for all of its campuses. According to the LA Times, Apple (NASDAQ: AAPL) will earn $30 million for the deal, which consists of iPads that will be sold for $678 each. This is...
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Yahoo's Ross Levinsohn Expected to be Named Permanent CEO -LA Times
Wednesday, July 11, 2012 - 5:07pm -
Barclays CEO Follows Chairman Out the Door
Tuesday, July 3, 2012 - 8:24am | 468After Barclays (NYSE: BCS) Chairman Marcus Agius resigned his position Monday, CEO Bob Diamond quit on Tuesday amid the rate-fixing scandal. Agius stepped up yesterday and said that "the buck stops with me," before quitting his job and saying that the scandal has dealt a "devastating blow," to the...
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Louboutin & Skechers: Shoe Distributors Have Their Day in Court
Wednesday, June 13, 2012 - 8:34am | 520From luxury brands to toning hooves, stylish and low-cost shoe distributors are up against the law these days. Sketchers' (NYSE: SKX) fitness tennis shoes have come under fire in a legal case claiming their health benefits are bogus, while the striking color women have come to know and love...
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No TV and No More Episodes Make Homer Something, Something?
Friday, October 7, 2011 - 11:42am | 728The grumblings of letting Homer, Marge, Bart, Lisa, and Maggie go to cartoon heaven have grown louder recently, as it appears that "The Simpsons" is no longer profitable for News Corp. (NASDAQ: NWSA), and 20th Century Fox Television unless the actors take a dramatic pay cut. According to the L.A...
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Dunkin Brands Expansion Plans Don't Include California -LA Times
Friday, September 16, 2011 - 8:09am | 123Dunkin Brands (NASDAQ: DNKN) recently announced expansion plans include outlets in Denver, CO and Santa Fe and Albuquerque, NM, but the company has no plans to open shops in California. Dunkin closed all of its California locations by the late 1990's and a 2002 opening in Sacramento was not...