Latest in Profit Shrinks Unions
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Return-to-office mandates are causing more federal workers to unionize
Department of Justice trial attorneys are seeking to form the first attorneys' union in the department's history in response to a return-to-office mandate, citing concerns about productivity, ...Politics - The Hill - October 22 -
European Union observers flag irregularities and 'alteration of results' in Mozambique election
European Union election observers have flagged irregularities in Mozambique’s election as the country awaits the announcement of official results this weekWorld - ABC News - October 22 -
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...Politics - The Hill - October 23 -
Boeing union members voting on contract, pension could be deal breaker
Boeing union members are voting on a new contract that could put an end to the strike that has lasted weeks in the U.S. CBS News senior transportation correspondent Kris Van Cleave has more on the ...Top stories - CBS News - October 23 -
Boeing workers vote to reject deal to end strike, union says
More than 30,000 workers at the troubled aviation company represented by the union began striking in mid-September. Boeing workers have rejected the latest offer to end the more than a month-long ...World - The Guardian - 6 days ago -
Why Boeing workers rejected latest union contract offer
Striking Boeing workers rejected a contract offer that would have provided a pay raise and some improvements to benefits because it did not include a pension, a deal-breaker for many. CBS News' ...Top stories - CBS News - 6 days ago -
Largest local Texas Teamsters union endorses Harris before her rally
Texas’ largest Teamsters union, Local 988, endorsed Vice President Harris before her rally in Houston on Friday. In a letter first obtained by The Hill, the union, which is based in Houston, said ...Politics - The Hill - 5 days ago -
Review: Labor organizers score against Amazon in 'Union,' a complex, essential documentary
In 2022, Amazon's Staten Island warehouse became the site of a defiant labor showdown that made national headlines, here chronicled in its many twists and turns.Entertainment - Los Angeles Times - 5 days ago -
Philadelphia Union GK Holden Trent dies aged 25
Philadelphia Union goalkeeper Holden Trent died Saturday at the age of 25, the Major League Soccer club announced.Sports - ESPN - 3 days ago -
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Invest in UK nurses or risk more strikes, union boss warns ministers
RCN head urges the government to use the Budget to boost spending on the NHSBusiness - Financial Times - 2 days ago -
Southwest Airlines Will Face Pilots’ Union Lawsuit Over Threats
The Dallas-based carrier will head to court over claims by pilots that it harassed a senior pilot involved in training other aviators.Business - Inc. - Yesterday -
Microsoft says AI boom is driving cloud demand higher
Tech group’s earnings growth will help calm investor fears over vast expenditure on new technology and data centresBusiness - Financial Times - 1 hour ago -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - 1 hour 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 -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - 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.Top stories - NBC News - October 18 -
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 AsiaBusiness - Financial Times - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
Barclays profits rise 23% as dealmaking returns
UK bank lifts guidance for net interest incomeBusiness - Financial Times - 6 days ago -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - 6 days ago -
NatWest profits rise by a quarter as lending and deposits grow
Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mnBusiness - Financial Times - 5 days ago -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - 3 days ago -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - Yesterday
