Latest in Profit Surges
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India’s $1bn bet on the creator economy
Also in this newsletter: a surge of new millionaires, and Ajit Dayal’s mantraFinancial Times - 2d -
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 - Mar. 11 -
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 - Mar. 11 -
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 - Mar. 12 -
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 - 5d -
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 - 5d -
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 - Mar. 10 -
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 - Mar. 12 -
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 - 6d -
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 - 6d -
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 - 5d -
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 - 4d -
Autism, ADHD and transgenderism: America’s epidemic of fake medical news
Overmedicated, overpriced and underinformed: The United States must put an end to for-profit, politically inspired quackery.The Hill - 7h -
FedEx is the latest company to sound the alarm on the U.S. economy
FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S. industrial economy.”MarketWatch - 35m -
Russell Henley surges ahead late to steal Arnold Palmer Invitational away from Collin Morikawa
Russell Henley picked up his first win in more than two years on Sunday afternoon.Yahoo Sports - Mar. 9 -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.CNBC - Mar. 12 -
NHL Power Rankings: Hurricanes surging despite trade deadline drama surrounding Mikko Rantanen
Carolina is picking up steam at the right timeCBS Sports - Mar. 12 -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.NBC News - Mar. 12 -
U.S. budget deficit surged in February, passing $1 trillion for year-to-date record
The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.CNBC - Mar. 12 -
Gold surges above $3,000 for the first time as investors seek a haven from Trump tariffs
Some 52% of global fund managers told Bank of America in a survey that they view gold as "the best hedge against a full-blown trade war."CNBC - 6d -
OLSH survives late fourth quarter Central Cambria surge to advance to PIAA semifinals
OLSH survived a late comeback attempt from Central Cambria as it punched its ticket to the PIAA girls 3A semifinals Friday night at Norwin.Yahoo Sports - 5d -
In career night, Tari Eason (30 points) extends his surge for streaking Rockets
Tari Eason has been elite offensively since returning from injury, including a career-high 30 points in Houston’s blowout win over rival Dallas.Yahoo Sports - 5d -
St. John’s wins first Big East Tournament since 2000 with second-half surge vs. Creighton
NEW YORK — The last time St. John’s won the Big East Tournament, RJ Luis Jr. wasn’t born yet. Neither were Zuby Ejiofor or Kadary Richmond. Rick Pitino was coaching the Boston Celtics — a job he ...Yahoo Sports - 4d -
How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
For decades, the U.S. has led the race to clean, limitless nuclear fusion energy. Now China is catching up, spending twice as much and building projects faster.CNBC - 4d -
Lehigh surges past Army in second half to win women's Patriot League Tournament title, 74-62
Maddie Albrecht had 13 points and 10 rebounds, and Colleen McQuillen and Lily Fandre also scored 13 points, leading well-balanced Lehigh to the Patriot League Tournament championship with a 74-62 ...Yahoo Sports - 4d -
XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company
Ripple CEO Brad Garlinghouse said Wednesday that the SEC is no longer pursuing its appeal in the case against the payments company.CNBC - 1d -
Italian postal service sees surge in mail for Pope Francis, much sent from children
The Italian postal service has seen a huge increase in mail addressed to Pope Francis since his Feb. 14 hospitalizationABC News - 1d -
Iberdrola chair warns of surge in Spanish power prices if country shuts nuclear plants
Ignacio Galán urges Madrid government to avoid repeating Germany’s ‘big mistake’Financial Times - 16h -
ThyssenKrupp’s warship division expects its market size to triple as defense spending surges
That comes on the back of the German parliament voting in favor of a major fiscal package, which includes changes to debt policies for higher defense spending.CNBC - 8h -
Micron gets boost with surging AI memory-chip sales; shares jump on earnings beat
Shares of memory-chip maker Micron Technology Inc. jumped in extended trading Thursday after the company’s fiscal second quarter showed that it is still seeing a boost from AI, with its ...MarketWatch - 20m -
S&P 500 tumbles into ‘correction’ on fresh Trump tariff threats
Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefireFinancial Times - Mar. 13 -
NYC Subway Crime Report Shows Random Assaults Outnumber Robberies
While crime remains rare in the New York City subway, a surge in unpredictable attacks, not motivated by theft, signals a worrisome shift.The New York Times - 6d -
Gold price hits $3,000 as trade tensions mount
Demand for the precious metal has surged amid economic uncertainty over the impact of the global trade war.BBC News - 6d -
London expands CCTV network in ‘tech race against crime’
Councils rush to tool up with AI cameras as police grapple with surge in street crimeFinancial Times - 2d -
Can Europe’s New Military Spending Help Its Economies?
The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It won’t be easy.The New York Times - 1d -
How new professional sports leagues like SailGP are putting women at the fore
As women’s sports surge in popularity, professional leagues are increasingly touting the value of female athletes.NBC News - 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 - Mar. 13