Imagine swapping your car's battery in just a few minutes instead of waiting hours for a recharge. That's what Ample is aiming for with its battery swapping tech, and now they've got some financial muscle from Mitsubishi. Ample has been testing this idea in San Francisco, Madrid, and Japan for three
Sue Bird, a basketball legend with a stellar career, is making headlines in the business world. She's not just investing in businesses, but in people she trusts. Her first big bet was on a friend's restaurant venture, which paid off big time. In just a year or two, she recouped her initial investmen
Suburban Propane Partners, a company that supplies propane and other energy sources across the U. S. , recently shared its financial results for the fiscal year 2024. The news wasn't quite as warm as the weather that affected their earnings. Compared to the previous year, their net income dropped fr
Alibaba, China's big name in e-commerce, entertainment, and tech, saw its revenues go up by 5% to about $33. 7 billion in the recent quarter. This was the result of a 63% jump in net profits to $6. 25 billion. But it's not all straightforward - some of this boost came from changes in the value of th
It was a big day for Disney, with its latest earnings report showing impressive growth in streaming, blockbuster summer movies, and investments in its theme parks. The company’s earnings from the fourth quarter of fiscal 2024 surpassed analyst expectations, driven largely by the streaming business w
German energy company RWE has faced a lot of pressure from its investors. This pressure came after Donald Trump's re-election in the U. S. The investors wanted RWE to change its plans to invest $55 billion in renewable energy sources. The company was planning to do this by 2030. To deal with this pr
It's been a long time coming, but Emirates has finally rolled out its chauffeur-drive services for first- and business-class passengers in Riyadh. This move is part of Emirates' commitment to enhancing the travel experience for premium passengers, something the airline is known for. The service, whi
After a long wait, a top tech fund manager is spotlighting his favorite picks in the tech sector. Tony Wang, the wizard behind T. Rowe Price's science and technology strategy, sees a thrilling shift happening. He believes companies are now focusing more on software and app developers who are busy la
Google, part of Alphabet Inc. , is making big money, mostly thanks to its search engine. In the last three months of the year, Alphabet made $26. 3 billion, which is 34% more than last year. And their sales went up by 15% to $88. 27 billion. This growth is partly because Google is investing heavily
It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dub
