Finance News Archives | Page 159 Of 209

Shares of iRobot tank 30% after Roomba maker raises doubt about its survival

Roomba vacuums by iRobot are displayed at Best Buy store on January 19, 2024 in San Rafael, California. Justin Sullivan | Getty Images Shares of iRobot plunged more than 30% on Wednesday after it said there is “substantial doubt” about its ability to stay in business. The Roomba maker’s financial outlook has darkened since Amazon […]

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FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls

Finance News

Bloomberg | Bloomberg | Getty Images Attorneys for the Federal Trade Commission asked a judge in Seattle to delay the start of its trial accusing Amazon of deceiving users of its Prime subscription program, pointing to staffing constraints and other issues. The comments came during a status hearing on Wednesday before Judge John Chun in

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Tesla bounces for second day after steepest drop since 2020

Finance News

Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla shares rose for a second straight day in early

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Ailing Swedish EV battery firm Northvolt files for bankruptcy

Finance News

A Northvolt building in Sweden, photographed in February 2022. Mikael Sjoberg | Bloomberg | Getty Images Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden. The firm said it that it submitted the insolvency filing after an “exhaustive effort to explore all available means to secure a viable

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Waymo expands its robotaxi service again, this time to parts of Silicon Valley

Finance News

Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Waymo on Tuesday announced it is expanding its service to include another 27 square miles of coverage around the San Francisco Bay Area. With

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Online estate planning firm Trust & Will raises million in funding round that includes Northwestern Mutual, UBS

Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS

Finance News

Trust & Will founders, Cody Barbo (CEO), Brian Lamb, and Daniel Goldstein. Courtesy: Trust & Will Legal technology company Trust & Will said Tuesday that it has raised $25 million in a Series C funding round. The San Diego-based firm, ranked No. 41 on last year’s CNBC Disruptor 50 list, has now raised $75 million to date. Trust & Will

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Fintech stocks plummet as Wall Street worries about consumer spending, credit

Finance News

People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images It was a bad day for tech stocks, and a

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Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%

Finance News

Asana CEO and Facebook co-founder Dustin Moskovitz PATRICIA DE MELO MOREIRA | AFP | Getty Images Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook, is retiring from the software company he started in 2008. Asana announced Moskovitz’s retirement on Monday as part of the company’s fiscal fourth-quarter earnings report,

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Tesla shares plunge 14%, head for worst day in five years

Finance News

People gather in a protest outside a Tesla dealership in Lisbon against Tesla and SpaceX CEO Elon Musk on March 9, 2025. Patricia De Melo Moreira | Afp | Getty Images Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 14% and heading for their worst day on

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Elon Musk’s social platform X is down for some users

Finance News

Elon Musk’s social media platform X experienced several outages on Monday morning, leaving some users unable to load the site. Nearly 40,000 users reported problems with the platform around 10 a.m. ET, according to the analytics platform Downdetector, which gathers data from users who spot glitches and report them to the service. Around 28,000 people

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Shares of iRobot tank 30% after Roomba maker raises doubt about its survival

FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls

Tesla bounces for second day after steepest drop since 2020

Ailing Swedish EV battery firm Northvolt files for bankruptcy

Waymo expands its robotaxi service again, this time to parts of Silicon Valley

Online estate planning firm Trust & Will raises $25 million in funding round that includes Northwestern Mutual, UBS

Fintech stocks plummet as Wall Street worries about consumer spending, credit

Tesla shares plunge 14%, head for worst day in five years

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