Czech power company CEZ reports $984 million in profit in first three quarters of 2024

The Czech power company CEZ on Tuesday reported net profit of 23.4 billion Czech crowns ($984 million) in the first three quarters of the year, 6.4 billion lower than the same period last year

World - ABC News - 2 days ago

Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors

The Czech power company CEZ has signed a deal with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors

Tech - ABC News - October 29

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Netflix to double profits after adding millions of subscribers in three months

After cracking down on password sharing, expanding into ads and investing billions in live TV, group declares success. Netflix expects to double its profits this quarter after the world’s largest ...

World - The Guardian - October 17

Reddit shares soar after company turns first-ever profit

Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...

World - The Guardian - October 30

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - October 24

Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.

Business - CNBC - October 24

Reddit's explosive user growth and AI tools help it soar to its first profit as a public company

Reddit has turned a profit for the first time as a public company

Tech - ABC News - October 30

Royals re-sign Michael Wacha: Kansas City agrees to three-year deal worth reported $51 million

Wacha signed a one-year deal with the Royals last offseason and then won 13 games

Sports - CBS Sports - November 3

Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal

Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.

Business - MarketWatch - November 1

Reddit stock price soars after social media player reports rare profit

Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.

Rocket Lab stock surges almost 30% to near all-time high after company's Q3 results

Rocket Lab jumped in trading after the company reported third-quarter results.

Business - CNBC - 18 hours ago

Washington Post report: Subscriber loss after non-endorsement reaches a quarter million

The Washington Post has lost at least a quarter million subscribers since announcing last Friday it would not endorse a candidate in the presidential race

Entertainment - ABC News - October 30

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.

Business - CNBC - October 24

2024 World Wide Technology Championship scores: Three tied for first as Round 1 suspended due to darkness

Kevin Streelman, Tom Whitney and Rico Hoey are at 5 under heading into Friday's action

Sports - CBS Sports - 6 days ago

2024 NBA Cup scores, takeaways: Joel Embiid already rethinking plan; Hawks, Blazers as potential Cinderellas?

The NBA's second in-season tournament tipped off Tuesday, and there are already some intriguing possibilities

Sports - CBS Sports - 23 hours ago

US election 2024 live: Donald Trump says ‘we made history’ as he closes in on victory with win in Pennsylvania

Latest results and reaction after Trump wins crucial swing states, leaving him just three delegates short of 270 needed. US election results 2024: live map and tracker Senate and House results ...

World - The Guardian - November 6

The Powerful Companies Driving Local Drugstores Out of Business

The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.

Business - The New York Times - October 19

NatWest profits rise by a quarter as lending and deposits grow

Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mn

Business - Financial Times - October 25

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - October 29

UBS reports better than expected profits

Swiss bank’s markets business helped by increase in volatility

Business - Financial Times - October 30

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

OpenAI Speaks to California Attorney General About Becoming For-Profit Company

A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.

Business - Inc. - November 5

Toast’s stock soars after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.

Business - MarketWatch - 6 days ago

Next profits poised to top £1bn for first time

UK retail bellwether raises outlook for third time in three months on the arrival of colder weather

World - Financial Times - October 30

Companies’ earnings reports increase volatility of US stocks

Share prices swing as high valuations and uncertain outlook put investors on edge

World - Financial Times - October 26

Netflix Adds 5 Million Subscriptions in Quarter

The additions helped lift revenue to $9.8 billion during the period, a 15 percent increase from the same period last year.

Business - The New York Times - October 17

Netflix adds 5 million subscribers and beats Wall Street's profit expectations

Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.

Entertainment - Los Angeles Times - October 17

Profiteers Are Exploiting US Election Conspiracies and Hate to Make Millions

Unscrupulous online operators are spreading toxic lies to push bitcoin scams and sell MAGA shirts to Facebook users in the run-up to the US presidential election.

Tech - Wired - November 1

Companies to Pay $101.9 Million to Settle Baltimore Bridge Collapse Lawsuit

The suit by the Justice Department was filed last month and laid out what investigators had learned about the ship’s short and catastrophic journey.

Top stories - The New York Times - October 25

Fiona Hill: Musk, Trump 'all about their own profits and power'

Former National Security Council (NSC) adviser Fiona Hill said in a new interview that former President Trump and tech billionaire Elon Musk are “all about their own profits and power.” As two ...

Politics - The Hill - October 29

WATCH: Trump, Harris prepare for election night

ABC News contributor Cristina Tzintzún Ramirez and former RNC staff member Cassie Smedile talk about the candidates’ campaign strategies.

3 states uphold abortion restrictions, 7 others protect abortion access

Measures that would have protected abortion rights at the state level are projected to fail in Florida, Nebraska and South Dakota.

Sarah McBride will be the 1st openly trans member of Congress, ABC projects

Delaware State Sen. Sarah McBride has become the first openly transgender person to be elected to Congress, ABC News projects.

WATCH: Trump: 'We overcame obstacles that nobody thought possible'

Former Pres. Trump addressed supporters on Election Night: “This was a movement like nobody’s ever seen before, and frankly, I believe this was the greatest political movement of all-time.”

Biden congratulates Trump, invites him to meeting at White House

President Joe Biden spoke on the phone with former President Donald Trump on Wednesday and "congratulated him on his victory," the White House said in a statement.

WATCH: Chaos ensues after racoon crashes through LaGuardia Airport ceiling

Chaos ensued at the Spirit Airlines counter inside LaGuardia Airport in New York after a raccoon came crashing through a ceiling panel.

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