Latest in America Profits
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Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - 20h -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - 1d -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - 16h -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - 21h -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 1d -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - 1d -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - 1d -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - 1d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 4d -
How to Build a Profitable Service-Based Business Without Losing Your Sanity
Powerful strategies to build a lean, profitable, and sustainable service-based business.Inc. - 5d -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - 5d -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - 6d -
Greene introduces Gulf of America bill: 'It's our gulf'
Rep. Marjorie Taylor Greene (R-Ga.) introduced a bill Thursday to rename the Gulf of Mexico as the "Gulf of America." “The American people are footing the bill to protect and secure the maritime ...The Hill - Jan. 9 -
Open auditions to be America’s 51st state
The U.S. already has 50 states — and all of them are less of a mess than Canada or Britain.The Hill - Jan. 9 -
Mexico president trolls Trump with "Mexican America" map
Mexico's president sarcastically said that the U.S. should be called "Mexican America" after Trump's vow to rename the Gulf of Mexico the "Gulf of America."CBS News - Jan. 9 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
America’s frozen housing market is finally starting to thaw
After nearly three years of grappling with an expensive housing market, home buyers are showing signs of getting used to it.MarketWatch - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Trump’s America First becomes America expands
President-elect Trump’s imperialist tendencies ahead of his second term are begging a question that dominated his first term: Should he be taken seriously, or literally? Trump during a Tuesday ...The Hill - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
Musk’s war on America’s allies
The question of whether he is speaking for Trump is urgent for EuropeFinancial Times - Jan. 7 -
Trump’s second term: what will it mean for America and the world?
Join webinar for FT subscribers on January 23 at 1300 GMTFinancial Times - Jan. 7 -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - Jan. 6 -
Jimmy Carter and his love of America's music
"Sunday Morning" contributor Bill Flanagan remembers the former president's love of music, and how his celebrations of America's musical heritage spanned the genres of country, gospel, classical, ...CBS News - Jan. 5 -
Jimmy Carter and his love of America's music
"Sunday Morning" contributor Bill Flanagan remembers the former president's love of music, and how his celebrations of America's musical heritage spanned the genres of country, gospel, classical, ...CBS News - Jan. 5 -
‘That is Maganomics’: where Trump is taking America on trade
Maverick economist turned presidential adviser Peter Navarro has helped bring back a world in which power takes precedence over economic exchange. Will he prove his critics wrong?Financial Times - Jan. 4 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
Empower skilled immigrants to revitalize America’s industrial heartland
The Heartland Visa Act of 2024, introduced by Sens. Young and Manchin, would allow visa hopefuls to bring their talents to the cities that need them most, providing a bipartisan solution to the ...The Hill - Jan. 3 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Ramaswamy is wrong: Why ’90s America was the pinnacle of greatness
Vivek Ramaswamy's critique of '90s American culture, which he dismisses as frivolous, overlooks the joy, creativity, and meritocracy that made the era great, and the influence it had on the world.The Hill - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
Why it’s hard to be a friend of America
Nippon Steel’s bid for US Steel shows the flaws in the ‘friendshoring’ approachFinancial Times - Jan. 2 -
America’s gathering legal storm
Donald Trump promises the mother of all stress tests for the US rule of lawFinancial Times - Jan. 1
