Earnings before interest and taxes (EBIT) indicate a company's profitability and are calculated as revenue minus expenses, excluding taxes and interest expenses.

Tesla investors head into earnings on Wednesday looking for evidence that Elon Musk's long-promised self-driving bet is ...

TL;DR: Microsoft denies Bloomberg's claim that Xbox faces a 30% profit margin mandate, calling the reports inaccurate. Despite hardware losses and market challenges, Xbox profitability rose 21% last ...

The Food and Drug Administration has sent out warning letters to multiple retailers after stores failed to remove recalled baby formula linked to an outbreak of infant botulism from the shelves.

Horse Power: Led by drivers Lewis Hamilton and Charles Leclerc and team principal Frédéric Vasseur, Ferrari's Formula 1 team is now worth a series-high $6.5 billion. And Mercedes isn’t even sitting in ...

There is more to Formula 1 than its swift speeds. Behind these thrilling races are integral parts and mechanics that come at a staggering price, all for the sake of victory. Normal cars can be ...

JD.com’s JD-1.41%decrease; red down pointing triangle quarterly profit slumped despite a rise in revenue, as the Chinese e-commerce giant’s push into the highly competitive food-delivery industry and ...

Federal and state health officials are investigating 13 cases in 10 states of infant botulism linked to baby formula that was being recalled, authorities said Saturday. ByHeart Inc. agreed to begin ...

Porsche’s steep losses reflect a broader trend across high-end industries, as consumer demand for luxury goods begins to wane. VCG via Getty Images Porsche’s billion-dollar loss last week isn’t just a ...

The last 12 months have been pretty depressing for anyone invested in the long-term future of Xbox and the general health of the games industry. Back in May, Microsoft laid off 3 percent of its global ...

From the makers of Paw Patrol Grand Prix and Gigantosaurus: Dino Kart, comes… Formula Legends, an off-brand, Formula One-inspired arcade racer. Yes, it’s certainly true that developer 3DClouds’ ...

FY25 profit up 21%, slightly ahead of consensus Final dividend of 11.5 NZ cents a2 to buy NZ manufacturing facility for NZ$282 million Selling Mataura Valley Milk stake Aug 18 (Reuters) - New ...