Latest in Donor Profiting
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Line 5, a Trump donor, is profiting off a pipeline deal threatening pollution
Trump administration accused of ‘quid pro quo’ for fast-tracking controversial fossil fuel proposal in Michigan. Donald Trump ’s administration is being accused by activists of a quid pro quo as ...The Guardian - 1d -
Syria is joining a donor conference for the first time in a crucial step for its new leaders
The European Union is hosting a donor conference to garner support for a peaceful transition in Syria following the ouster of President Bashar Assad in DecemberABC News - 11h -
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - 3d -
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.The New York Times - 6d -
John Lewis profits jump but no staff bonus again
The retailer will not pay out a staff bonus for the third year in a row.BBC News - 4d -
OpenAI to See Fast-Tracked For-Profit Trial
Elon Musk and OpenAI have agreed to a quick trial over the company’s move away from being nonprofit.Inc. - 1d -
Delta warns on profit as economic ‘uncertainty’ dents US demand
Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by halfFinancial Times - 6d -
Pimco books 17% instant profit on Thames Water emergency loan
Bond group records windfall on lifeline for UK utility even before deal is finalisedFinancial Times - 6d -
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BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - 3d -
Investors seek to profit from Russia as Trump pursues rapprochement
Hedge funds and brokers eye the country’s corporate bonds and the roubleFinancial Times - 18h -
How to Empower Employees to Think and Act Like Owners
Learn how to engage employees and drive profit growth through transparency.Inc. - Mar. 8 -
Europe’s boosting defense spending. One company just lost all of its stock-market gains this year.
QinetiQ shares lost all their gains this year after a profit warning.MarketWatch - 6h -
We're locking in profits on a big gainer so we have more cash at our disposal
We're capping off a busy week of trades with another trim.CNBC - Mar. 7 -
We're booking profits in a rallying rotation play and using the cash to buy 2 others on the dip
We're putting more cash to work following the sharp market declines over tariff uncertainty.CNBC - 6d -
Hyperbaric chamber facility where boy died put profits before client care, Michigan AG says
The facility where a hyperbaric chamber fire killed a 5-year-old child “held safety among their lowest considerations,” the Michigan attorney general said.NBC News - 5d -
US energy industry’s climate retreat is putting profits over people, advocates say
Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas. At a major oil and gas conference in Texas this week, companies publicly retreated from their ...The Guardian - 5d -
WWE SmackDown results, highlights (Mar. 14): Cody Rhodes holds court, Street Profits win tag team gold
"WWE SmackDown" in Barcelona was the company's first visit to the country, and it gave Spain everything it could've asked for.Yahoo Sports - 2d -
Y Combinator startups are fastest growing, most profitable in fund history because of AI
Y Combinator CEO Garry Tan says for about a quarter of the current YC startups, 95% of the code was written by artificial intelligence models.CNBC - 2d -
Who would want to be a museum patron in our age of scrutiny?
Protests have led to donors’ names being scrubbed from gallery walls — but private money is needed now more than everFinancial Times - Mar. 8 -
In Wisconsin's Supreme Court race, both sides take aim at the other's billionaire backers
The Wisconsin Supreme Court contest is shaping up to be a battle of billionaires, with each side in the race casting the other’s most prominent donors as boogeymen.NBC News - Mar. 8 -
Wisconsin Supreme Court candidates spar over abortion rights and influence of Elon Musk and George Soros
In their only debate before next month's election, Susan Crawford and Brad Schimel traded barbs over mega-donors Soros and Musk and their involvement in the race.NBC News - 4d -
DOGE’s war on American veterans has begun
Only about 5 percent of the U.S. population has served, which is not enough to form a significant voting bloc, and few of us belong to the donor class.The Hill - 4d -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - Mar. 7 -
How Entrepreneurs Can Leverage Uncertainty for Growth
Entrepreneurs can use empathy to find the canary in the coal mine and exploit it for profits and intangible gains.Inc. - Mar. 8 -
Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.CNBC - 6d -
PwC cuts record number of UK partners and halts tech apprenticeship scheme
Moves come as consultants strain to protect annual profit pool of close to £1mn per partnerFinancial Times - 5d -
Rheinmetall sales surge 36% in 2024, as company forecasts 'major' military order boom
Last year's sales boom helped push Rheinmetall's operating profit to a record high.CNBC - 5d -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - 3d -
No quick fix to stronger sales, says Asda boss
Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.BBC News - 3d -
End of ‘blank cheque’ era for outside consultants in Saudi Arabia
Western firms profited as kingdom launched ‘giga-projects’ but market is slowing as Riyadh reins in spendingFinancial Times - 2d -
East African Housekeepers Face Rape, Assault and Death in Saudi Arabia
East African leaders and Saudi royals are among those profiting off a lucrative, deadly trade in domestic workers.The New York Times - 1d -
Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - 4d -
Hungary's leader orders price controls on basic foods as inflation spikes
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European countryABC News - 6d -
Young Professionals Are Increasingly Turning to Boring Small-Business Niches
Younger would-be chief executives are increasingly seeking profits — and freedom from the 9-to-5 — by pivoting from corporate jobs into often unglamorous small-business niches.The New York Times - 5d -
Revealed: House of Lords members have given £109m to political parties
Conservatives benefit most from donations provided either before or after peers secured their seats. Cash before honours: the Tory donors made peers who barely speak in Lords . Peers who sat ...The Guardian - Mar. 9 -
Australian man survives 100 days with artificial heart in world-first success
Sydney surgeons ‘enormously proud’ after patient in his 40s receives the Australian-designed implant designed as a bridge before donor heart. Follow our Australia news live blog for latest ...The Guardian - 5d -
Woman says she gave birth to another couple's child in IVF mixup
Krystena Murray was over the moon when she became pregnant through IVF in 2023. She had chosen a sperm donor who looked like her, but in the moments after her son's birth, Murray knew something ...CBS News - 4d -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - 3d -
US added to international watchlist for rapid decline in civic freedoms
Civicus, an international non-profit, puts country alongside Democratic Republic of Congo, Italy, Pakistan and Serbia. The United States has been added to the Civicus Monitor Watchlist, which ...The Guardian - Mar. 10
