Tag: Loss

Trump, allies are laying the groundwork to contest potential election loss

Donald Trump and his allies are laying the groundwork to contest a potential loss in November, stoking doubts about the US election’s legitimacy even as opinion polls show the Republican presidential candidate leading in battleground states. In recent interviews, Mr Trump has refused to commit to accepting the election results. At his rallies, he has […]

Trump, allies are laying the groundwork to contest potential election loss

By Nathan Layne and Alexandra Ulmer (Reuters) – Donald Trump and his allies are laying the groundwork to contest a potential loss in November, stoking doubts about the election’s legitimacy even as opinion polls show the Republican presidential candidate leading in battleground states. In recent interviews, Trump has refused to commit to accepting the election […]

EV startup Canoo posts larger-than-expected loss in first quarter

(Reuters) – Electric vehicle startup Canoo posted a larger-than-expected loss for the first quarter on Tuesday, but kept its outlook for the year unchanged. Slowing demand in the United States and stiff competition from Chinese EV makers in the world’s largest auto market has hit demand for companies including Canoo. That has forced several startups […]

UPDATE 1-Brazil airline Gol swings to net loss in first quarter

(Adds details, context in paragraphs 3-7) SAO PAULO, May 14 (Reuters) – Brazilian airline Gol reported on Tuesday a first-quarter recurring net loss of 130.2 million reais ($25.39 million), swinging into the red after a 136.4 million-real net profit a year ago, mainly hit by financial expenses. Gol filed for Chapter 11 bankruptcy protection in […]

Kyle Cooke ‘Scared’ Amid Loverboy Financial Issues and $1.5 Million Loss

Kyle Cooke’s Loverboy company was a major topic of conversation during the recent episode of Summer House. Carl Radke spoke to his then-fiance Lindsay Hubbard about returning to the company to work the non-alcoholic line. Naturally, that whole conversation led to a fight between the former couple. But the more shocking news regarding the company […]

Rivian posts quarterly loss

US automaker Rivian has posted a disappointing quarterly loss for Q1 2024, though fell in line with analysts’ expectations. Gross profit per vehicle delivered was $38,784, which includes $15,455 of depreciation and $1,693 of stock-based compensation expense. The firm said its results were negatively impacted by $9,346 per unit delivered, primarily related to “various supplier […]

Gazprom loss shows struggle to fill EU gas sales gap with China

By Vladimir Soldatkin MOSCOW (Reuters) – Kremlin-owned energy kingpin Gazprom, once Russia’s most profitable company, could face a long period of poor performance as it struggles to fill the gap of lost European gas sales with its domestic market and Chinese exports. The company recently announced an annual net loss of $7 billion, its first […]