Tom Carter

1 month ago | yahoo.com | Grace Kay |Ana Altchek |Tom Carter |Matthew Fox |Jennifer Sor

Earlier this month, standing on the White House driveway, President Donald Trump hawked a fleet of gleaming Teslas with the kind of gusto normally reserved for his campaign rallies. Clutching handwritten notes about prices and models, he said, "I'm going to buy one because it's a great product, as good as it gets." Elon Musk, Tesla's CEO and a key figure in the administration, stood nearby. Many assumed Musk's proximity to Trump would be a net positive.

2 months ago | aol.com | Tom Carter |Matthew Loh |Shubhangi Goel

Nissan and Honda said they canceled their $50 billion mergerThe merger would have created the world's third-largest automaker. Both Japanese companies face declining sales and a slow transition to EVs.Nissan and Honda called off a $50 billion merger that would have formed one of the world's largest car companies.

2 months ago | yahoo.com | Tom Carter |Matthew Loh |Shubhangi Goel

Nissan and Honda said they canceled their $50 billion mergerThe merger would have created the world's third-largest automaker. Both Japanese companies face declining sales and a slow transition to EVs.Nissan and Honda called off a $50 billion merger that would have formed one of the world's largest car companies.

2 months ago | ca.finance.yahoo.com | Nora Redmond |Tom Carter

• None Operating profit in the fourth quarter disappointed at $770 million. • None CEO Dara Khosrowshahi said Uber posted its "strongest quarter ever."Uber shares fell 7% on Wednesday following a miss on profits in an otherwise strong set of annual results. The ridehailing company said operating profit in the fourth quarter was $770 million, up 18% but well below forecasts of $1.2 billion. The result was hit by an undisclosed $462 million legal settlement reserve that it did not elaborate on.

2 months ago | aol.com | Nora Redmond |Tom Carter

Uber shares fell 7% despite reporting strong annual results. Operating profit in the fourth quarter disappointed at $770 million. CEO Dara Khosrowshahi said Uber posted its "strongest quarter ever."Uber shares fell 7% on Wednesday following a miss on profits in an otherwise strong set of annual results. The ridehailing company said operating profit in the fourth quarter was $770 million, up 18% but well below forecasts of $1.2 billion.