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TAGGED : technology

Nokia profits fall as clients particularly in North America shun investments

HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported a fall in second quarter profit as clients especially in North America postponed investments due to a slowdown in economic growth and rising financing costs.The Espoo, Finland-based company reported net ...

Tesla income jumps 20%, but shares fall after hours amid profit concerns

SAN FRANCISCO (AP) — Elon Musk's big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. Sales jumped and the company beat analyst expectations for net income in the April-June quarter, although ...

CLIMATE GLIMPSE: Here’s what you need to see and know today

As intense heat batters much of the planet, people cool off however they can. In Pasadena, California, where Wednesday's high was “only” in the mid-90s, seniors found relief — and some fun — in a morning swim class in this image made by Associated Press photographer Ryan Sun.Elsewhere, ...