Musk said he expects the company to turn a profit after it brings the lower-cost Model 3 to market.
Bryman College Monday closed BioHealth College in San Jose and its other for-profit colleges in Hayward, Los Angeles, San Francisco and San Jose, according to the California Bureau of Private Postsecondary Education.
The maker of a hepatitis C drug that costs about $1,000 per pill on Wednesday delivered a quarterly earnings report that shattered expectations, showing the company tripled its profit which is now in the billions.
Chevron Corp. says its net income fell 27 percent in the first quarter because of lower global oil prices and decreased production of oil as a result of bad weather.
LinkedIn (LNKD) suffered a first-quarter loss as the online professional networking service ramped up its investments in projects aimed at attracting more users on the lookout for better jobs and career advice.
Facebook’s first-quarter earnings and revenue grew sharply, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.
The Pleasanton-based supermarket operator says that discussions are ongoing but that it hasn’t yet reached an agreement. It added that it isn’t certain that the talks will end in a deal.
Twitter beat Wall Street’s earnings and revenue expectations in its first quarter as a public company. But investors were looking for even more and the company’s stock dipped as much as 12 percent in after-hours trading Wednesday.
Facebook’s quarterly earnings and revenue grew and surpassed expectations as the company expanded the number of users and the amount of money it makes on mobile ads.
Apple’s holiday season proved to be a disappointment even though the company sold a record number of iPhones and iPads during its latest quarter.