Tesla veteran Raj Jegannathan has left the company just a few months after the longtime IT executive was promoted to oversee sales and service for the company. ...

The media company, which is pursuing a hostile bid for Warner, also said it complied with Justice Department request for information about its proposed deal. ...

Kenya's central bank cut its key lending rate as East Africa's largest economy continued a policy-loosening cycle to boost private-sector lending and economic growth. ...

Core Viewpoint - Economists anticipated an increase in sales despite concerns regarding a fragile consumer economy [1] Group 1 - Sales growth was expected by economists [1]

Marriott International logged higher revenue in the fourth quarter, boosted by solid international travel trends and continuing strength in the company's luxury segment. ...

Core Insights - Harley-Davidson reported a significant increase in losses for the fourth quarter, more than doubling its previous losses as motorcycle sales continued to decline [1] Company Performance - The company's losses in the fourth quarter exceeded previous figures, indicating a troubling trend in financial performance [1] - Motorcycle sales have been a major factor in the company's financial struggles, contributing to the overall decline in revenue [1] Industry Context - The motorcycle industry is facing challenges, with Harley-Davidson's performance reflecting broader market trends that may impact other manufacturers as well [1]

Core Insights - Oscar Health reported a widening loss in the fourth quarter, indicating ongoing challenges with high medical service utilization among its enrollees [1] Company Summary - The health insurer, Oscar Health, is facing difficulties as the utilization of medical services by its plan members remains elevated, contributing to increased financial losses [1]

Ferrari said it expects revenue and earnings to rise this year, supported by its lineup of higher-margin luxury sports models and demand for customized vehicles. ...

Core Insights - Coca-Cola reported higher fourth-quarter revenue, driven by increased prices and sales volume [1] Group 1: Financial Performance - The company experienced a boost in revenue due to higher pricing strategies [1] - Sales volume also contributed positively to the overall revenue growth [1]

Core Insights - Hasbro reported a profit in the fourth quarter, driven by a significant increase in revenue, attributed to the strong performance of its Wizards of the Coast division during the holiday season [1] Financial Performance - The company experienced a revenue increase, which was a key factor in achieving profitability in the fourth quarter [1]