DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft

Reddit shares soar 25% as it turns its first profit

Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay off

Business - Financial Times - Yesterday

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 - 22 hours ago

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 - 6 days ago

We're trimming a bank stock on tear since earnings, booking nearly a 100% profit

This sale does not reflect any change in our long-standing positive view on the bank and the job the CEO is doing.

Business - CNBC - 5 days ago

BP beats forecasts despite seeing 31% drop in profits, to lowest since COVID-19

BP’s profits were hit by lower oil prices and a slump in its refining margins, caused by a slowdown in demand for products including jet fuel, diesel and gasoline

Business - MarketWatch - 2 days ago

Watch maker Patek Philippe launches first new collection in 25 years

The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.

Business - CNBC - October 18

Mercedes, BMW launch first Ionchi charging station in China

World - Yahoo News - 6 days ago

Millennium considers launching first new fund in more than three decades

Fund would invest in less liquid assets including private credit

Business - Financial Times - 5 days ago

The leaders of India and Spain launch India's first private military aircraft plant

Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated India’s first private military aircraft plant

World - ABC News - 3 days ago

DoorDash keeps investing in expansion, as more consumers use platform in third quarter

DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.

Business - MarketWatch - 12 hours ago

At 39 Years Old, LeBron James Posts the First Triple-Double of the N.B.A. Season

The Lakers coach JJ Redick called the experience of watching James in the fourth quarter on Saturday “surreal.”

Sports - The New York Times - 3 days ago

Jets became first NFL team ever to lose when posting this stat line

The Jets made history in Sunday's game against the Patriots, but it was the kind you don't want to be associated with.

Sports - Yahoo Sports - 2 days ago

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - Yesterday

Army, Navy ranked both ranked in AP poll for first time since 1960 as rival programs enjoy historic starts

The Black Knights and Midshipmen have ridden stellar offenses to 6-0 starts

Sports - CBS Sports - October 13

Shohei Ohtani stolen base streak ends at 36 in NLCS, caught for first time since July 22

Shohei Ohtani was caught stealing for the first time in nearly three months, ending a streak of 36 consecutive successful stolen base attempts

Sports - ABC News - October 14

All NFC North teams have four wins through six weeks, for first time since 2002 realignment

The NFC North isn't just the best division in football.

Sports - Yahoo Sports - October 14

Victoria's Secret looks to revamp the runway with first fashion show since inclusivity rebrand

After a four-year hiatus, the wings, walks and women of the Victoria’s Secret Fashion Show will return Tuesday for the company’s 2024 show in New York City.

Historic Black Belt congressional district could elect first Republican since 1883

The district is home to the oldest town incorporated by freed African Americans.

Politics - CBS News - October 15

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...

World - The Guardian - October 16

UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves

Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...