Latest in Profit Miss Slashes
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Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
England miss golden opportunity to level Women's Ashes
England are bowled out for 159, chasing only 181 to win, which gives Australia a 4-0 lead in the points-based series.BBC News - Jan. 14 -
Eagles LB Dean (knee) to miss rest of playoffs
Eagles starting linebacker Nakobe Dean tore the patellar tendon in his left knee during Sunday's wild-card playoff win and will miss the remainder of the playoffs, a league source confirmed.ESPN - Jan. 13 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Here's the biggest news you missed this weekend
Santa Ana winds return. Gavin Newsom slams Trump for misinformation. Jack Smith resigns from the DOJ. Jennifer Lopez and Ben Affleck are officially divorced.NBC News - Jan. 13 -
Monday Briefing: Number of Missing Rises in L.A.
Plus, how cured ham fixed an antique organ in France.The New York Times - Jan. 12 -
Body of missing man found at landfill site
The family of Cumali Turhan, who went missing in November, are told his body has been found.BBC News - Jan. 12 -
Search for missing sisters focuses on icy river
Officers are searching the River Dee in Aberdeen for Eliza and Henrietta Huszti, who have been missing since Tuesday.BBC News - Jan. 12 -
How to Build a Profitable Service-Based Business Without Losing Your Sanity
Powerful strategies to build a lean, profitable, and sustainable service-based business.Inc. - Jan. 11 -
Police search for missing sisters widens to coast
Relatives in Hungary urged people not to spread "unfounded rumours" about the disappearance of Eliza and Henrietta Huszti .BBC News - Jan. 11 -
Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.MarketWatch - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Harlan Coben on success of "Missing You"
Harlan Coben joins CBS Mornings to talk about "Missing You," the global TV hit he executive produces. Based on his novel, the show follows Det. Kat Donovan as she investigates the case of a missing ...CBS News - Jan. 9 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
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‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8 -
Body found in search for missing British hikers in Italy
Aziz Ziriat, 36, and Samuel Harris, 35, from London, had not been heard from since 1 January.BBC News - Jan. 8 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
England's Feyi-Waboso could miss Six Nations
England could be without Immanuel Feyi-Waboso for the Six Nations if Exeter wing opts for surgery on his shoulder.BBC News - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
Search launched for British hikers missing in Dolomites
Aziz Ziriat and Samuel Harris were last heard from on 1 January and never boarded a flight home.BBC News - Jan. 7 -
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Seahawks fire OC Grubb after missing playoffs
The Seahawks have fired offensive coordinator Ryan Grubb after one season, coach Mike Macdonald confirmed Monday.ESPN - Jan. 6 -
Here's the biggest news you missed this weekend
The New Orleans attacker visited the city weeks earlier. New York becomes the first U.S. city to implement congestion charges. And Trump is fixated on Lincoln.NBC News - Jan. 5