Latest in Industrial Profits
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Business - MarketWatch
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.October 17 -
Business - MarketWatch
Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges
Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid ...October 17 -
Business - MarketWatch
U.S. industrial output falls in September, held down by Boeing strike and hurricanes
U.S. industrial production fell 0.3% in September, held down by the strike at Boeing Co and by the two recent hurricanes, the Federal Reserve reported Thursday.October 17 -
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Business - The Wall Street Journal
AI Boom Is Real---and Really Profitable---Says Chip Maker TSMC
The world’s largest contract chip maker says revenue from AI-related products is expected to triple this year.October 17 -
Business - Financial Times
TSMC profits jump 54% on back of AI chip boom
World’s biggest chipmaker says demand has recovered across all segments despite fears of industry slumpOctober 17 -
Business - MarketWatch
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsOctober 17 -
Business - The Wall Street Journal
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.October 17 -
Business - Financial Times
Donald Trump has a new crypto venture. The industry is not impressed
Industry executives worry World Liberty Financial will undermine painstaking efforts to rebuild trust after scandalsOctober 17 -
Business - CNBC
Ulta Beauty shares tick higher, even as company sees 'headwinds' in beauty industry
Retailer Ulta Beauty did not provide guidance for next fiscal year and said it expects near-term challenges to continue.October 16 -
Business - The Wall Street Journal
BlackBerry Sees Rising Profitability Through Focus on Growth Opportunities
The Canadian company told investors its immediate priority was streamlining investments in its Cylance cybersecurity unit and focusing on opportunities for growth, mainly QNX.October 16 -
Business - Financial Times
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonOctober 16 -
World - ABC News
Hong Kong cuts liquor tax in an effort to reignite its nightlife industry
Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining sceneOctober 16 -
World - The Guardian
The cannabis industry is awaiting a legal green light, but can businesses survive?
Legal gray area surrounding the drug makes it difficult to prepare next steps, with rescheduling a perpetual threat. The Benzinga Cannabis Capital Conference, which took place in downtown Chicago ...October 16 -
Business - The Wall Street Journal
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 ...October 16 -
Business - MarketWatch
Charles Schwab is profiting from customers who want professional help with investing
The brokerage said it is seeing increased inflows into its wealth-management offerings.October 15 -
Top stories - The New York Times
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.October 15 -
Business - CNBC
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.October 15 -
Business - MarketWatch
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 ...October 15 -
World - The Guardian
BMW chief says EU combustion engine ban will shrink car industry
Oliver Zipse tells Paris motor show 2035 cutoff point for CO2-emitting cars is ‘no longer realistic’. Business live – latest updates The EU’s plans to ban the manufacture of traditional ...October 15 -
Business - Financial Times
Goldman profits jump 45% to $3bn after trading boost
Net income outstrips expectations despite hit from retail banking retreatOctober 15 -
Tech - VentureBeat
Chip industry faces talent shortage as revenues head to $1 trillion | Deloitte
Deloitte says the chip industry will hit $1T in 2030, but a huge talent shortage looms across the entire world.October 15 -
Tech - VentureBeat
Innovators to watch: Brands aiming to disrupt their industries with new approaches
CONTRIBUTOR CONTENT: Change is inevitable; instead of resisting it, some companies are embracing it by stepping up with fresh ideas that make a real difference in our everyday lives. These ...October 14 -
Business - The Wall Street Journal
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.October 14 -
World - Financial Times
Olive oil heartlands battle over the industry’s future
Mega farms are encroaching on a market long dominated by smallholders, as prices remain near record highsOctober 14 -
World - The Guardian
The Guardian view on Europe’s struggling EV industry: driving in the slow lane | Editorial
Insufficient investment and the withdrawal of subsidies and incentives are damaging a sector that is vital to the green transition. Earlier this year, a French experiment offered a startling ...October 13 -
World - The Guardian
Limp Bizkit’s fraud lawsuit rattles music industry: ‘These accusations are massive’
Band alleges that Universal Music Group owes it more than $200m after concealing royalties. One of the world’s largest music companies has been accused of depriving “potentially hundreds” of ...October 13