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Gary Black suggests Tesla's configurator price cuts won't benefit the company, as rivals are likely to match them, following Tesla's global EV price reductions. read more.....»»

Hedge fund manager David Einhorn “half-heartedly” defended nemesis Elon Musk in his quarterly letter to investors amid accusations the Tesla CEO helped fuel the recent short-squeeze in GameStop shares......»»

Stephane Ficaja, the head of Uber Eats' U.S. and Canada markets, is leaving the San Francisco online food delivery company after just six months at the helm. Replacing Ficaja is Sarfraz Maredia, who has been regional general manager of Uber rid.....»»

As Uber Technologies Inc.'s core rides business suffered again during the pandemic, company executives made some intriguing statements on Wednesday, including the possibility of licensing its technology to its taxi and transit rivals......»»

Touchstone Sands Capital Institutional Growth Fund recently released its Q1 2020 Investor Letter, a copy of which you can download below. Th.....»»

Polen Capital Management, LLC, an independently-owned global investment manager, recently published its first-quarter global growth commenta.....»»

Polen Capital Management, LLC, an independently-owned global investment manager, recently published its first-quarter focus growth commen.....»»

Niels Jensen, the founder and chief investment officer of London-based investment adviser Absolute Return Partners, said in a monthly letter to investors that wealth has been running too far ahead of the underlying economy for some time......»»

An activist investor is stepping up calls for the board of HC2 Holdings Inc to remove Chief Executive and Chairman Philip Falcone as the former hedge fund manager faces mounting legal and financial troubles......»»

MARTA General Manager and CEO Jeffrey Parker is joining other transit agency leaders to ask for billions in federal relief. In a letter to U.S. congressional leaders, the transit chiefs from cities such as New York, Chicago, Seattle and San Franc.....»»

Why are these ride-sharing rivals Uber and Lyft making a run in the midst of this coronavirus pandemic? At one of them, things look to be turning around......»»

Ride-hailing rivals Uber Technologies Inc. and Lyft Inc. suspended shared-ride services Tuesday as COVID-19 spreads across the world, and their stocks dipped despite a rebound for the markets overall......»»

A cybersecurity company in China says it believes evidence shows the CIA has hacked government officials, scientists and industry targets in China for several years. read more.....»»

In a letter to Uber, Postmates and other gig economy companies, Sen. Mark Warner called for them to help ease the financial burdens of gig workers who fall ill or self-quarantine to avoid spreading t.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Andrew Yang"s campaign manager had zero political experience. This is how he built an insurgent candidacy that outlasted powerful rivals......»»

Thomson Reuters WikiLeaks founder Julian Assange plans to call a witness at his extradition trial who will a.....»»

Reuters Star hedge fund manager David Tepper penned a letter to satellite provider Intelsat's board Tuesday, pressuring leadership to negotiate better t.....»»

Uber has told the Colombian government it is considering taking its dispute with the Andean country to international arbitration, the company's general manager for Latin America told Reuters on Monday......»»

Uber has told the Colombian government it is considering taking its dispute with the Andean country to international arbitration, the company's general manager for Latin America George Gordon told Reuters......»»