Latest in Industrial Profits Fall
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China's industrial profits fall by 10% in October as deflation worries linger
Industrial profits are a key gauge of the financial health of factories, mines and utilities in China.Business - CNBC - 5 hours ago -
TotalEnergies Profit Falls as Downstream Margins Bite
TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.Business - The Wall Street Journal - October 31 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
DHL Owner Net Profit Falls on Costs
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.Business - The Wall Street Journal - November 5 -
BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - November 6 -
NetEase's Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.Business - The Wall Street Journal - November 14 -
Archer Daniels Midland Profit Plunges, Revenue Falls
Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second ...Business - The Wall Street Journal - November 18 -
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Starmer ‘youth guarantee’ will not fix fall in apprenticeships, says UK industry body
Warning comes as prime minister unveils proposals to boost labour marketWorld - Financial Times - Yesterday -
PwC profits fall in Asia after scandals in China and Australia
Big Four firm reports slower global growth as regional woes compound consulting industry slowdownBusiness - Financial Times - October 29 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.Business - The New York Times - October 29 -
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 - October 30 -
Exxon and Chevron suffer profit falls on lower oil prices
Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023Business - Financial Times - November 1 -
NAB Raises Dividend Despite a 6.1% Fall in Annual Profit
National Australia Bank raised its dividend despite a 6.1% fall in annual profit on lower lending margins and higher costs.Business - The Wall Street Journal - November 6 -
Pinterest Stock Falls Despite Rise in Third-Quarter Profit, Revenue
The social-media platform’s revenue jumped 18% year over year, slightly above Wall Street’s forecast.Business - The Wall Street Journal - November 7 -
Swiss Re Net Profit Falls On U.S. Liability Reserve Increase
The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.Business - The Wall Street Journal - November 14 -
Abercrombie & Fitch’s profit beats analysts’ estimates but freight costs loom as stock falls
Abercrombie & Fitch said it’s paying more to fly products in to get merchandise into stores more quickly.Business - MarketWatch - 18 hours ago -
Green Thumb Industries looks past ‘tricky time’ for cannabis stocks as the company notches another profit
Green Thumb’s Ben Kovler says the big drop in canna stocks this week isn’t causing the Chicago-based company to change course.Business - MarketWatch - November 8 -
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 -
Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.Business - MarketWatch - October 31 -
The race to shape UK industrial strategy
Business leaders and regional mayors try to influence government’s flagship economic growth policyWorld - Financial Times - November 13 -
Inside the Booming ‘AI Pimping’ Industry
AI-generated influencers based on stolen images of real-life adult content creators are flooding social media.Tech - Wired - 6 days ago -
'Exploitative' children's home profits to be curbed
The new measures aim to stop private care home providers benefiting excessively from a stretched system.Top stories - BBC News - November 18 -
Chase Revenue Versus Build Profit
Five ways to strike the balance for sustainable growth.Business - Inc. - November 18 -
Sean Combs Is a Chance to Remake the Music Industry
Music hasn’t had its #MeToo moment. But a transformation in how the industry works means toxic gatekeepers no longer wield the power they once did.Top stories - The New York Times - October 31 -
How a San Francisco Vineyard Is Changing the Wine Industry
With eight rows of vines in San Francisco and a vision of inclusivity, Christopher Renfro and Project Two Eighty are training the next generation of winemakers.Top stories - The New York Times - November 1 -
No, tariffs did not make American industry great
New research suggests that America’s manufacturing rise came despite high tariffs, not because of them.Business - MarketWatch - November 5 -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - November 8 -
The Watch Industry’s Role in Your Speeding Ticket
It was the development of the chronograph, essentially a stopwatch, that laid the groundwork for automobile speed limits.Lifestyle - The New York Times - November 7 -
Trump’s Win Shows Limits of Biden’s Industrial Policy
Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.Business - The New York Times - November 9 -
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Trump’s Win a Worry for an Already Struggling Wind Industry
Faced with rising costs and thin margins, wind energy developers have lately been reducing their ambitions.Business - The New York Times - November 12 -
Is the Watch Industry Downplaying Its Sustainability Effort?
Some observers say that, as the deadline for European Union reporting nears, brands have lowered the volume on their environmental communications.Lifestyle - The New York Times - November 12 -
Trump win invigorates fossil fuel industry
Presented by American Chemistry Council — In the wake of Trump's victory, the industry is hopeful he’ll deliver on his promises and roll back regulations put in place by the Biden administration. ...Politics - The Hill - November 12 -
Britain desperately needs a proper industrial strategy
Collaboration between business and government is central to achieving that goalWorld - Financial Times - November 14 -
Why Industry 5.0 Is Changing the Future of Leadership
In the era of Industry 5.0, leaders must balance ethics, sustainability, and purpose to thrive.Business - Inc. - November 14
