Latest in Donor’s Profits
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Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - 14 hours ago -
The sperm donor bros of tech
Genetic largesse from some of Silicon Valley’s elite appears to be a mix of narcissism, altruism and dreams of immortalityBusiness - Financial Times - October 15 -
Labour donor to back Tortoise’s proposed purchase of Observer
South African businessman Gary Lubner in talks on taking minority stake in online start-upWorld - Financial Times - October 15 -
How Silicon Valley Billionaires Became Trump’s Biggest Donors
Elon Musk and a group of Silicon Valley allies have built a shadow campaign to put Donald Trump back in office.Top stories - The New York Times - October 18 -
Serial sperm donors capitalize on lack of regulation, creating risks
Some people conceived by sperm donors are pushing for regulation, citing the risks to society caused by extremely prolific donors.Top stories - CBS News - 4 days ago -
Trump donor fined for pollution leads a fight to end methane emission penalties
Detailed plans from 30 oil and gas producers come amid historic levels of potent planet-heating emissions. A powerful US oil and gas industry lobby group has drawn up detailed plans to kill off ...World - The Guardian - Yesterday -
Trump and Harris break bipartisan tradition by withholding top donors
Neither Vice President Harris nor former President Trump have voluntarily disclosed their top campaign fundraisers as of Election Day, upending a bipartisan tradition that dates back to 2000. ...Politics - The Hill - 20 hours ago -
Elon Musk gave $75m to his pro-Trump group in three months
America Pac said to be doing bulk of Trump’s voter turnout work in battleground states, which may give Musk leverage. Elon Musk has donated roughly $75m over the last three months to his pro-Donald ...World - The Guardian - October 16 -
Harris faces Fox News grilling as Trump stands by false claims about immigrants eating pet – US elections live
Vice-president’s interview with rightwing channel airs just hours after her Pennsylvania rally with senior Republicans. Don’t miss important election coverage. Get our free app and sign up for ...World - The Guardian - October 16 -
GOP donors pour hundreds of millions into pro-Trump super PACs before Election Day
Republican megadonors are opening up their checkbooks to help Donald Trump and other Republicans as Kamala Harris’ fundraising breaks records.Top stories - NBC News - October 16 -
New ‘RBG PAC’ Spending $19 Million From Secret Donors to Aid Trump on Abortion
A Republican super PAC is running ads invoking the name of Ruth Bader Ginsburg to help Donald Trump win voters who favor abortion rights. Her family denounced the effort as “nothing short of ...Top stories - The New York Times - October 25 -
Mega-Donors Pour $8 Million Into Late Push Against N.Y. Abortion Measure
Opponents of the so-called Equal Rights Amendment have cast it as a broad attempt by Democrats to grant rights to transgender athletes and migrants.Top stories - The New York Times - October 26 -
Trump mourns Home Depot founder, GOP donor Bernie Marcus: 'An extraordinary man'
Former President Trump on Tuesday mourned “legendary entrepreneur and political genius” Bernie Marcus, the Home Depot founder and prominent Republican mega-donor who died Monday at the age of 95. ...Politics - The Hill - 11 hours ago -
Red Cross launches international emergency appeal urging donors to provide resources for Lebanon
The International Federation of Red Cross and Red Crescent Societies has launched an international emergency appeal asking donors to provide resources for Lebanon during the Israel-Hezbollah warWorld - ABC News - 12 hours ago -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - Financial Times - October 16 -
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...Business - The Wall Street Journal - October 16 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
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 -
Barclays profits rise 23% as dealmaking returns
UK bank lifts guidance for net interest incomeBusiness - Financial Times - October 24 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
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 £173mnBusiness - Financial Times - October 25 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.World - The New York Times - October 29 -
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 -
Santander's Profit Beats Expectations on Lower Provisions, Costs
Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...Business - The Wall Street Journal - October 29 -
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 1990sBusiness - Financial Times - 6 days ago -
StanChart to double investment in wealth management as profits rise
Wealth business had record quarter as revenues rose 32%Business - Financial Times - 6 days ago -
UBS reports better than expected profits
Swiss bank’s markets business helped by increase in volatilityBusiness - Financial Times - 6 days ago -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - 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 weatherWorld - Financial Times - 6 days ago