Donor’s Profits Drop

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - Financial Times - 12 hours ago

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - 6 days ago

Ryanair profit drops as airline cuts passenger forecast

European low-cost carrier blames pressure on consumers for fall in fares

Business - Financial Times - Yesterday

UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability

UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...

Business - MarketWatch - October 15

Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Business - MarketWatch - 6 days ago

Nintendo reports lower profits as demand drops for its aging Switch console

Nintendo, the Japanese video game maker behind the Super Mario franchise, says its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth ...

Entertainment - ABC News - 18 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 immortality

Business - Financial Times - October 15

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 - October 29

Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel

Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.

Business - MarketWatch - October 29

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - October 29

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses

Business - MarketWatch - 6 days ago

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.

Business - CNBC - 5 days ago

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Business - CNBC - 12 hours ago

Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend

Lower global oil prices, weaker demand and prolonged OPEC+ production cuts led by Saudi Arabia continue to impact crude prices.

Business - CNBC - 21 hours ago

Labour donor to back Tortoise’s proposed purchase of Observer

South African businessman Gary Lubner in talks on taking minority stake in online start-up

World - 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.

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 - 18 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.

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 - 8 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 war

World - ABC News - 10 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

Athletics Drop ‘Oakland’ From Their Name

The team has a new designation and will play at Sutter Health Park in West Sacramento.

Sports - The New York Times - 13 hours ago

Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

Morgan Stanley rounds off strong earnings season

Business - 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.

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 Asia

Business - 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 income