Tesla Motors Inc. reported a larger first-quarter loss compared with a year ago Wednesday, but the report nearly was overshadowed by the planned departure of two of the company's key manufacturing executives.
One of the worst stretches ever for American productivity growth is getting even worse. Worker productivity—the output of goods and services for each hour of labor—slid in the opening months of the year as companies shelled out more on wages.
Most companies are sharing their first quarter results, with a number of these companies posting that they are seeing an increase in profits.
NEW YORK - Aeropostale Inc., once a popular mall destination for teens, has filed for Chapter 11 bankruptcy protection, becoming the latest victim in the fast-changing retail landscape.
Crews work on the L train line after Hurricane Sandy damaged it in 2012. The Metropolitan Transportation Authority is considering two options for fixing the line's tunnel under the East River.