Tesla Suffers Another Quarterly Loss

Electric car pioneer Tesla reported that it has suffered its 13th straight quarterly loss from increased spending on its vehicle and battery factories. The loss comes amidst the announcement of …

AIG Plans to Buy Back Shares Worth $3 Billion

American International Group (AIG) continues to fight against calls for the firm to break itself up by planning to buy back $3 billion worth of its shares. After three consecutive …

Verizon to Purchase Fleetmatics Group PLC

Last Monday, Verizon Communications said that they would purchase Fleetmatics Group PLC (public limited company), a global positioning system (GPS) vehicle tracking firm, for around $2.4M in cash to support …